XPENG's robotics business secured over $900 million in funding at a $6.3 billion valuation, marking the largest single-round private financing in China's embodied AI sector. Led by IDG Capital with strategic support from Tencent and Alibaba, the investment will accelerate mass production and R&D of XPENG's humanoid robot, IRON, designed for advanced AI-driven tasks and global commercialization. XPENG plans to start mass production by the end of 2026, with commercial deployment in China and overseas markets in 2027, leveraging its automotive-grade manufacturing expertise and integrated AI technology stack.
XPENG has announced UK pricing for its new L03 SUV Coupé starting at £32,990 and its flagship G9L SUV starting at £64,990. The L03 features advanced AI driving technology, a supercar-inspired design, and up to 631 miles range in its Power X model, wi...
XPENG announced a major expansion in the UK with plans to introduce five new right-hand-drive electric vehicle models within 12 months, aiming to broaden its market presence. The company will establish around 100 retail and service locations nationwi...
XPeng Inc., known for its electric vehicles, is aggressively expanding into physical AI, including robotaxis and humanoid robots. Despite record EV deliveries and a profitable services segment, its stock trades at less than 1x sales, suggesting under...
