$XPEV

XPENG is sharing its vehicle platforms, chips, and engineering tools with global partners via its AI Engineering business. The company aims to collaborate on product development while partners build their own technical capabilities, citing its Volkswagen partnership as an example.

XPeng Inc. launched 'XPENG AI Engineering,' sharing its tech with partners, and aims to expand advanced driverless systems globally by 2027. The company plans to start mass-producing its IRON humanoid robot in late 2026, with deliveries in the first half of 2027. According to the company, this move aligns with its shift to an open, platform-based Physical AI model and includes EU expansion.

Chinese automakers BYD and XPENG are expanding European production, with BYD planning a French factory and XPENG starting production in Austria. Changan, Chery, and GAC are also increasing local investments. China-EU trade consultations eased tensions, with agreements on hybrid vehicle exports. BYD and Chery welcomed the outcomes, citing a stable environment for trade. Dataforce reports Chinese brands' European market share doubled to 11.7% in August.

Chery Automobile and Bosch agreed to develop a localized AI-powered driver-assistance system for six new Chery models in Europe, with mass production starting in 2028 and 800,000 units projected over five years. Bosch's MPC4 camera and integrated system will be used, validated in multiple regions. Separately, XPeng opened its AI engineering platform to global partners, focusing on European market adaptation.

XPeng unveiled its G9L SUV globally, featuring advanced tech like a 17.3-inch display, AR head-up display, and VLA 2.0 AI for autonomous driving. The vehicle offers up to 367 miles of range, 5C fast charging, and a starting price of €74,600 in Europe. Orders open on 12 October.

China reduced the VAT export rebate for new energy vehicles (NEVs) from 13% to 9%, effective April 1, 2027. This follows a 160% year-over-year increase in NEV exports in September, with BYD and other automakers likely affected. Deutsche Bank estimates the change could trim about 5,000 CNY per export unit for BYD from Q2 2027.

XPENG plans to launch its G9L electric SUV in Pakistan next month. The vehicle offers advanced features, fast charging, and a premium interior. Key specs include a 110 kWh battery, up to 577 hp, and a range of 591 km. Pricing and variants for Pakistan have not been announced. The G9L debuted globally at the 2026 Paris Motor Show and was first launched in China in September.

XPENG announced a new Europe strategy at the Paris Motor Show, focusing on localization and partnerships. The XPENG G9L began trial production at Magna's Austrian plant. The company is adapting vehicles for European markets and collaborating with suppliers like Bosch and Volkswagen Group. XPENG also launched XPENG AI ENGINEERING, offering its smart EV technologies to global partners and exploring Robotaxi service deployment.

XPeng's X9 electric vehicle received a five-star safety rating from ANCAP, meeting 2026-2028 criteria. It scored high in occupant protection, battery safety, and advanced safety features. ANCAP suggested improvements for in-cabin controls, favoring physical buttons over touchscreens.

Chinese automaker shares fell on Tuesday due to weak domestic sales and EU hybrid import curbs. SAIC Motor, Chery, Leapmotor, and others declined, while Geely rose. September sales dropped 28.1% YoY, with exports up 73.2%. EU limits on hybrid imports may impact BYD, SAIC, and Chery, which dominate the market.