The global electric vehicle (EV) market is projected to grow annually by 9.0%, reaching a value of $2.74 trillion in 2026, driven by regulatory changes, expanded charging infrastructure, and battery supply-chain development. Key growth areas include affordable localized EVs, fast-charging networks, battery recycling, and fleet electrification. Chinese automakers are intensifying competition internationally, while regional policies and infrastructure investments shape market dynamics. The market is expected to continue expanding, reaching nearly $3.93 trillion by 2030, with strategic partnerships and localized production playing crucial roles.
The Software Defined Vehicle (SDV) market is projected to expand from USD 447.55 billion in 2026 to USD 1,707.36 billion by 2035, growing at a compound annual growth rate (CAGR) of 16.0%. This growth is driven by the automotive industry's shift towar...
XPeng delivered 103,295 vehicles in Q2, exceeding its guidance midpoint, with strong sales of the Mona model and the new GX SUV launched in May. Mona-branded vehicles made up 36% of June deliveries, while the GX SUV accounted for 17%, supporting expe...
XPENG has started employee testing of its Robotaxi platform, marking a key step from smart electric vehicles to autonomous vehicles powered by Physical AI. The test included a full Robotaxi journey by XPENG's CEO, demonstrating the platform's complet...
