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11.06.26 - 14:00
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From electric cars to humanoids: Xpeng boss takes over robotics unit at ′turning point′ (SCMP)
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Xpeng chairman and CEO He Xiaopeng is doubling down on his vision to transform the Chinese electric vehicle (EV) giant into a “physical AI” powerhouse, taking the reins of the firm's robotics arm just months before its humanoids are set for mass production.
In an internal memo sent on Wednesday and seen by the South China Morning Post, He said he would personally serve as head of the robotics department.
Characterising the move as a strategic pivot, He said the unit had reached “a turning point......
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08.06.26 - 14:36
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China′s EV giants challenge Tesla in race to commercialise humanoid robots (SCMP)
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Chinese electric vehicle (EV) makers are opening a new front in their battle with Tesla: humanoid robots.
After spending years competing on electric cars and autonomous driving technology, leading Chinese manufacturers including BYD and Xpeng are now accelerating plans to mass-produce humanoid robots, betting that advances in artificial intelligence will unlock a vast new market beyond transportation.
The push is expected to strengthen China's position as a global manufacturing powerhouse for......
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08.06.26 - 05:15
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HSBC Research Cuts XPeng Inc. US TP to USD26.8, Maintains Buy Rating (AAStocks)
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HSBC Global Investment Research published a report stating that XPENG-W (09868.HK)'s vehicle deliveries in May continued to improve to 32,000 units, while its second-quarter delivery guidance stands at 100,000 to 106,000 units, implying QoQ growth of over 60%. The broker expects that, supported by a new production cycle and over......
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