XPeng Co-President Brian Gu thinks its margins will eventually eclipse those of the core electric-vehicle business.
China’s auto market is struggling. Vehicle sales have fallen for 10 straight months, while domestic passenger-car sales ...
Xpeng shares slid after weak delivery guidance, even as its nascent robotics business secured a valuation nearly matching ...
Xpeng Inc (NYSE:XPEV), the Chinese electric vehicle maker, is raising more than $900 million for its robotics business, ...
XPeng's robotics business raised over $900M at a $6.3B valuation, a record for China's embodied AI, to mass-produce its IRON ...
Proceeds will fund robotics research, production facilities and global expansion before planned 2027 deliveries.
XPeng ( XPEV) raised more than $900M in a major financing and partial carve-out of its robotics unit. The raise went off at a post-money valuation above $6.3B, which sits at the top of the unlisted ...
Xpeng's robotics business has raised more than $900 million at a $6.3 billion valuation in a round led by IDG Capital ...
Xpeng Robotics raises $900 million for its robotics unit at a $6.3B valuation. Humanoid robot IRON to start mass production ...
The robotics headlines, however, cannot mask the troubles in the automotive division. XPeng's second-quarter results, ...
Xpeng Inc.’s robot unit plans to raise $900 million from investors including Alibaba Group Holding Ltd. and Tencent Holdings ...
XPeng has raised more than $900 million in its first external funding round, valuing the company’s humanoid robotics unit at ...