| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
Xpeng Inc. (NYSE:XPEV) has said that it has three new Robotaxi models in the pipeline at the company's third-quarter earnings call amid an autonomous driving push.
"In 2026, XPeng plans to launch 3 Robotaxi models," Xpeng CEO and co-founder He Xiaopeng said during the earnings call with investors and analysts on Monday. The CEO added that the company's autonomous driving software does not "depend on high-definition maps or LiDAR."
He said that the company's pilot Robotaxi operations would begin in China next year. Xpeng will also "open source its VLA [Vision-Language-Action autonomous driving system] 2.0 model to global commercial partners," the CEO said in the call, opening doors for licensing opportunities for Xpeng.
German automaker Volkswagen "will be the initial launch customer for the VLA 2.0 model," he said.
It's worth noting that Xpeng will offer its Robotaxi service in 2026 through Chinese tech giant Alibaba Group Holding Limited’s (NYSE:BABA) Amap mapping platform.
On the humanoid robot front, the CEO shared that "IRON will be first deployed in commercial scenarios, providing services like tour guiding, retail assistance and patrols," once it reaches the targeted mass production in 2026. He also said that the company could sell over "1 million units annually" by 2030. IRON could also be deployed in Xpeng's stores and factories.
The automaker had recently revealed the robot during an event, drawing comparisons with Tesla Inc.'s (NASDAQ:TSLA) Optimus line of Humanoid robots, which CEO Elon Musk had said would represent more than 80% of Tesla's future value.
XPEV scores well on the Momentum metric, while offering satisfactory Growth. It also offers a favorable price trend in the Short, Medium and Long term. For more such insights, sign up for Benzinga Edge Stock Rankings today!
Price Action: XPEV slipped 1.87% to $22.01 during pre-market trading, according to Benzinga Pro data.
Check out more of Benzinga's Future Of Mobility coverage by following this link.
Read Next:
Photo courtesy: THINK A / Shutterstock.com
