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Xpeng

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Xpeng
Xpeng
Xpeng is a leading Chinese maker of electric vehicles. The company is considered the most tech-centric of the country's premium EV makers. It counts Alibaba Group, which owns the South China Morning Post, among its backers.
Chairman / President
He Xiaopeng
CEO / Managing Director
Wang Fengying
CFO / Finance Director
Wu Jiaming
Industry
Automobile
Website
xiaopeng.com
Headquarters address
No. 8 Song Gang Street, Tianhe District, Guangzhou, Guangdong Province, China
Stock Code
NYSE:XPEV
SEHK:9868
Year founded
2014
A technician teaches a humanoid robot to use a wrench to tighten a bolt at a data collection pre-training center for humanoid robots in Hefei, east China’s Anhui Province. Photo: Xinhua
Robotics

Building a humanoid robot without China? Then you better bring a bigger wallet

China has issued five times the number of patents related to humanoid robots than the US, says Morgan Stanley.

Robotics

CATL marks trailblazing deployment of humanoid robots at scale in China plant

Electric & new energy vehicles

Xpeng CEO dismisses AI bubble fears, predicts more affordable robots soon

Electric & new energy vehicles

Xpeng, Li Auto given approval to test ‘hands-off’ L3 cars amid slowing market

Deregulation to legalise L3 technology represents a leap forward in commercialising autonomous driving systems in China.

A Li Auto vehicle draws crowds at the Beijing International Automotive Exhibition, April 25, 2024. Photo: Reuters
Artificial intelligence

ByteDance dominates China’s tech hiring as AI talent demand surges

ByteDance tops rivals Meituan and Alibaba in recruitments this year, according to professional social networking platform Maimai.

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Volkswagen

Can Volkswagen regain its China market share with its US$3.5 billion bet?

Volkswagen, which once had 50 per cent of China’s vehicle market, has invested €3 billion in its largest R&D centre outside its home country in Hefei.

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Electric & new energy vehicles

Xpeng steps up ‘go global’ drive with Malaysian assembly hub for Southeast Asia

The Guangzhou-based company said it would partner with Malaysia’s EP Manufacturing to locally assemble intelligent EVs.

Workers conduct final checks on an Xpeng new energy car at the firm’s plant in Zhaoqing, Guangdong province, on October 9, 2023. Photo: Xinhua
Hong Kong

McDonald’s Hong Kong named Company of the Year at SCMP Live’s Business Awards

The restaurant chain’s CEO Randy Lai and chairman Zhang Yichen received the award from SCMP’s CEO Catherine So at an event on Friday.

China-Japan relations

Beijing rebuffs Takaichi, Macron-Xi talks, key economic meeting

This week: China rejects Takaichi’s Taiwan climbdown, Macron visits Xi in Beijing, US deepens Taiwan ties, PBOC slams stablecoins. Next week: economic planning meeting, November trade and inflation data, Hong Kong Legco elections and more.

China Future Tech briefing

Aerospace | Flying cars take off as China extends drone-market domination

Chinese electric-vehicle makers are branching into making flying cars, adding to the nation’s booming low-altitude economy.

Flying cars take off as China extends drone-market domination
China manufacturing

Germany’s China playbook: if you can’t beat them, partner up

More than half of surveyed German firms plan deeper ties with local partners in China to match the rapid innovation cycles of domestic competitors, the German Chamber of Commerce has found.

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Robot arms are seen at work on a car production line at a factory of FAW-Volkswagen in eastern China’s Shandong province on March 12. Photo: AFP
Electric & new energy vehicles

China’s EV makers post stellar sales before incentives are phased out next year

Leapmotor leads the pack with record sales for a seventh month in a row, while Voyah and Zeekr put on a strong performance.

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Robotics

Changan Auto becomes latest Chinese carmaker to join humanoid robot bandwagon

State-owned carmaker invests US$31.8 million to take a 50 per cent stake in Changan Tianshu Intelligent Robotics Technology.

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Electric & new energy vehicles

China EV profit woes fuel market anxiety over challenging 2026

Investors quickly turn against EV makers as earnings fall short, and next year looks even more difficult, analysts say.

Xpeng Mona M03 electric vehicles are displayed outside the venue of a launch event in Beijing on August 27, 2024. Photo: Reuters
China manufacturing

China’s top economic planning agency warns of rise of too many robots

NDRC says there are now more than 150 humanoid robot manufacturers in the country and highlights risk of potential investment bubble.

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A journalist touches a hand made for Xpeng’s second-generation Iron humanoid robot at the company’s Guangzhou headquarters on November 6. Photo: AFP
Made in China 2025

Chinese EV makers tipped to storm global top 10 carmakers by 2030, McKinsey says

Chinese carmakers are expected to climb the global league tables over the next five years, as technology and scale disrupt the leaders.

SCMP Highlights

Chinese carmakers boost robotics efforts, Xpeng posts record revenue: 7 EV reads

From a Chinese team reducing car part production time with lasers to Xiaomi’s first profit, here are seven EV stories you may have missed.

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Electric & new energy vehicles

Volkswagen revs up designed-in-China approach to catch up in EV market

Carmaker says mainland operations can now design and validate new models without approvals from Germany, reducing development time and cost.

An aerial view of Volkswagen Group China Technology Company in Hefei, in eastern China’s Anhui province. Photo: Handout
Robotics

China’s robotics twin stars join national committee to shape industry standards

Unitree’s Wang Xingxing and AgiBot’s Peng Zhihui have been appointed to the Standardisation Technical Committee for Humanoid Robots.

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China Future Tech briefing

Robotics | China’s humanoid robots enter workforce as Tesla wait goes on

Xpeng, Unitree and other Chinese robot makers are nearing mass production of humanoid units as problems including hands delay Elon Musk’s plans.

China economy

Opinion | As China’s tech rises, companies must rethink their R&D strategy

Firms seeking to localise in China must see the country not just as a place to manufacture and sell, but as a co-creator and innovator.

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Employees work on a production line for an electric flying car at a factory of Xpeng’s subsidiary Aridge in Guangzhou on November 6. Photo: AFP
Made in China 2025

Chinese EV makers accelerate robotics drive for ‘game-changing’ edge over US

Xpeng, Cherry and others expand beyond cars, with humanoid robot Iron winning praise from Tesla CEO Elon Musk.

Xpeng’s humanoid robot Iron relies primarily on visual data for training and decision-making. Photo: Shutterstock
SCMP Business Awards

Xpeng’s founder headlines SCMP Live’s 2025 Business Awards

The winners of the awards in six categories will be announced on December 12 in Hong Kong.

Made in China 2025

China’s Xpeng posts record revenue as robotaxi and humanoid ambitions take shape

JPMorgan raises Chinese electric-vehicle maker’s price target, citing long-term AI potential.

Sovereign wealth fund

Singapore’s Temasek invests in WeRide, Pony.ai to boost China tech holdings

Temasek’s latest deals reflect the 51-year-old investment giant’s focus on forward-looking technologies.

Temasek Holdings invests around US$13.7 million in combined shareholdings in WeRide and Pony.ai. Photo: Shutterstock
China economy

China economy slows, Taiwan tensions, Nexperia talks

This week: Economic data disappoints, China slams new Japan PM over Taiwan comments, The Sichuan drone carrier starts sea trials; Next week: Dutch delegation visits Beijing for Nexperia talks; EV makers post earnings, arrivals cards go digital and more.

Photo: Xinhua
SCMP Highlights

Xpeng touts driverless cars, Volkswagen eyes making chips in China: 7 EV reads

From German auto firms scrambling to plug chip shortage to Xpeng touting driverless cars, here are seven EV stories you may have missed.

Robotics

China’s humanoid robots: UBTech scores US$112 million in factory orders

Buoyed by industrial orders and the sector’s momentum, UBTech’s share price has gained more than 150 per cent this year.

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