Xpeng (XPEV) Soars to Three-Year Peak: Robot Tech Breakthrough & Record Deliveries Fuel Rally

Xpeng's stock just punched through a wall it hasn't touched since 2022—riding high on bleeding-edge robotics and delivery numbers that left analysts scrambling to upgrade targets.

The Chinese EV upstart's secret sauce? A double-shot of innovation: its proprietary robotaxi tech is turning heads while production lines churn out vehicles at a pace that's embarrassing legacy automakers.

Wall Street's reaction? Typical. First they doubted, now they FOMO. Meanwhile, retail traders are left wondering if this is the real deal or just another hype cycle in the EV circus.

TLDR

• Xpeng (XPEV) shares jumped 18% in Hong Kong on Tuesday, reaching their highest level since July 2022
• The company delivered 42,013 vehicles in October, marking 76% year-over-year growth and the fourth consecutive month of record deliveries
• Xpeng unveiled its IRON humanoid robot at a recent AI event, generating investor enthusiasm beyond its core EV business
• The company plans to launch three robotaxi models next year with in-house autonomous driving technology and Volkswagen as a strategic partner
• Hong Kong shares have climbed over 130% year-to-date, outperforming rivals Nio (58% gain) and Li Auto (15% decline)

Xpeng shares rallied to their highest point in more than three years as investors responded to the company’s progress in humanoid robotics and autonomous driving. The Hong Kong-listed stock jumped 18% on Tuesday. American depositary receipts ROSE 16% on Monday.

XPeng Inc., XPEV

The gains mark the biggest one-day increase for Xpeng in over two years. Trading volumes reflected renewed interest in the Chinese electric vehicle maker.

October proved to be a breakout month for vehicle deliveries. Xpeng delivered 42,013 vehicles last month. This represents 76% growth compared to the same period last year.

The company has now posted record deliveries for four months in a row. Revenue growth has followed the delivery surge. The most recent two quarters showed triple-digit year-over-year revenue increases.

Xpeng’s vehicle pricing strategy has helped drive sales growth. The Mona M03 model starts at approximately $17,000 in China. The G7 SUV begins at $27,300, undercutting the Tesla Model Y by around $9,000.

The company manufactures most components in-house. This vertical integration includes powertrains, electronics, and vehicle software. The approach allows Xpeng to maintain lower price points than many competitors.

New Technology Ventures Drive Investor Interest

Xpeng held an AI showcase event earlier this month. The company revealed several projects beyond traditional electric vehicles. The IRON humanoid robot attracted particular attention online.

Eugene Hsiao from Macquarie Capital explained the market reaction. “Investors have started to factor in the potential upside optionality if one of these bets succeed,” he said. Hsiao noted Xpeng can expand into robotaxis, flying aircraft, humanoid robotics, and AI systems.

The robotaxi plans include three models launching next year. Each will feature Xpeng’s proprietary autonomous driving technology. China currently operates the world’s largest robotaxi market due to favorable regulations.

Volkswagen has signed on as a strategic partner for the robotaxi initiative. The first jointly developed vehicle, the ID.UNYX 08, will launch soon through Volkswagen Anhui Automotive Co.

Stock Performance Leads Chinese EV Sector

Xpeng’s Hong Kong shares have gained more than 130% in 2025. This performance beats Nio’s 58% increase. Li Auto shares have dropped 15% over the same period.

The stock is breaking out of a six-month technical pattern. Analysts view this as a potential continuation of the upward trend.

The company remains slightly unprofitable due to its relatively young history. However, the revenue trajectory continues to improve quarter over quarter.

Xpeng also showcased an eVTOL flying car concept at the AI event. The company is positioning itself as a broader technology platform rather than just a vehicle manufacturer. This strategy mirrors approaches taken by other EV makers expanding into artificial intelligence applications.