Overview
- Hong Kong stock jumped 18% to the highest since July 2022, while U.S. ADRs gained 16% on Monday.
- China’s MIIT filing shows Volkswagen’s ID.UNYX 08 SUV built on XPeng’s G9 platform, with mass production expected next year.
- At AI Day, XPeng unveiled its IRON humanoid robot and said it will open‑source its autonomous stack, naming Volkswagen as the launch customer and confirming VW’s selection of XPeng’s Turing AI chips.
- October deliveries reached 42,013 vehicles, up 76% year over year, marking a fourth straight monthly record.
- XPeng will report third‑quarter results on November 17 after earlier guiding for 94%–108% revenue growth and 113,000–118,000 deliveries, and it plans to roll out robotaxi models as soon as next year subject to approvals.