XPeng

XPeng to License Tech to Overseas Automakers Beyond Volkswagen as Services & Other Gross Margin Hits 75.1%

XPeng plans to provide technology licensing to overseas automakers beyond Volkswagen, covering electrical and electronic architecture, cockpit systems, Turing AI chips, and intelligent driving software; potential partners also include software developers and component suppliers. Its first model under the collaboration with Volkswagen, ID.UNYX 08, entered mass production in March 2026, taking 24 months. In the second quarter of 2026, XPeng's services and other revenue nearly doubled, with gross margin rising to 75.1%, while automotive gross margin fell to 12.1%; cumulative overseas sales exceeded 100,000 units, and it plans to expand technology licensing into Robotaxi and embodied intelligence fields.

54827 days ago

Sunwoda unveils 15C fast-charging battery: 10%-97% in 9 minutes, 10,000 MW stations by 2027

Sunwoda Power released a 15C intelligent flash-charge battery system on September 17, claiming a 10% to 97% charge in 9 minutes at room temperature and 15 minutes at minus 20°C, with a range of over 700 km, and offering a 10-year or 300,000 km warranty. The company plans to build 10,000 megawatt-level charging stations by the end of 2027, but did not disclose locations or mass-production vehicle models. The intelligent monitoring system released at the same time can warn of more than 20 types of faults 2 to 10 days in advance, with 99.77% accuracy. The article argues that flash-charging competition is shifting from technology launches to network expansion, and its overseas path remains to be seen.

28927 days ago

Volkswagen's first LiDAR-equipped all-electric SUV, ID. AURA T6, launches in China from RMB 135,900

The FAW-Volkswagen all-electric SUV ID. AURA T6 was launched on September 20, 2026, in four versions priced from 135,900 to 169,900 yuan. It is Volkswagen's first all-electric SUV equipped with LiDAR. The high-end version features a 192-line LiDAR and Horizon Journey 6H chip with 420 TOPS of computing power, and adopts the CEA architecture jointly developed by Volkswagen and XPeng, with CLTC ranges of 540 km and 660 km. Most of its core supply chain comes from China, making it a case for observing how joint-venture brands leverage local intelligent capabilities and explore technology feeding back into overseas markets.

61232 days ago

XPeng RHD G9L Rolls Off for Australia; Li Auto Preheats Europe with Solheim Cup

XPeng's first batch of right-hand-drive G9L models rolled off the line at its Guangzhou factory and will be shipped to Australia, covering 64 countries and regions; in August, exports reached 8,125 units, up 169.22% year on year, while exports in the first eight months totaled 49,424 units, accounting for 20.33% of total deliveries. Li Auto became an official partner of the 2026 Solheim Cup, confirmed that the i6 will be named Li 6 overseas, plans to start sales in Europe in the fourth quarter, and will announce details of its European business at the Paris Motor Show in October. The two companies' regional strategies diverge: Li Auto prioritizes pure electric vehicles in Europe and focuses on range-extended vehicles in the Middle East and Central Asia, while XPeng is using right-hand-drive models to accelerate deliveries.

27433 days ago

Automakers Pilot Humanoid Robots: Validation Matters More Than Replacing Labor

Morgan Stanley estimates that the humanoid robot market could reach $5 trillion by 2050, and automakers including BMW, Renault, Mercedes-Benz, and Tesla have already been testing related equipment in factories. Tesla is shifting the space of its former Model S and Model X production lines at the Fremont factory to Optimus, Renault plans to deploy 350 units in 2027, and Mercedes-Benz aims to use them on assembly lines by 2030. Currently, humanoid robots cost about $20,000 to $200,000, but constrained by battery life of only a few hours, insufficient hand dexterity, reliability yet to be proven, and the level of factory digitalization, trials at this stage are mainly for technical validation, and there is still a long way to go before large-scale replacement of human labor.

58833 days ago

NEV Sales Exceed 1 Million in August, BYD Leads with 440K Units

In August 2026, China's new energy passenger vehicle sales reached 1.08 million units, up 42% year-on-year. BYD sold over 440,000 units in a single month, while Li Auto, Xpeng, and Leapmotor also achieved record monthly deliveries as industry competition intensifies.

24438 days ago

Xpeng G9L to Launch in September, Q4 Monthly Sales Target of 60,000 Units

Xpeng announced the G9L SUV will launch in September 2026, with the Mona L05 arriving in Q4. The company has set a Q4 monthly sales target of 60,000 units, up 58% from July. Mona L03 has started double-shift production to ensure supply.

54338 days ago

XPeng Delivers 39,107 Units in August as GX Model Hits 18.76% Share

XPeng delivered 39,107 vehicles in August 2026, marking a 4% year-over-year increase. The GX model accounted for 18.76% of total deliveries, establishing itself as a new volume pillar following the G6. Meanwhile, the brand's flagship G9L has been confirmed for official launch in September, poised to provide additional growth momentum for the second half. XPeng is building more resilient competitive moats in the 200,000-400,000 yuan pure-electric SUV segment through its multi-model portfolio strategy.

30439 days ago

China NEV Sales Rankings: Leapmotor Overtakes Tesla, BYD Dominates

According to data from the China Passenger Car Association (CPCA), August 2026 new energy vehicle (NEV) wholesale sales reached an estimated 1.51 million units, up 16% year-on-year and 4% month-on-month, indicating continued robust market expansion. BYD secured the top position with an overwhelming 433,384 units, creating a gap of nearly 260,000 vehicles against second-place Geely (173,675 units). The most eye-catching development was Leapmotor delivering 103,129 units, surpassing Tesla China (86,166 units) for the second consecutive month above the 100,000-unit threshold. XPeng delivered 39,107 units, Li Auto 37,679 units, NIO 35,836 units, and Xiaomi Auto maintained its position above 30,000 units. Cumulative NEV retail sales from January to August 2026 reached approximately 8.869 million units, with a penetration rate of 52%, confirming NEVs as the market mainstream.

91040 days ago

Leapmotor Delivers Over 100K in August, More Than Triple Xiaomi's Volume

August new force delivery data reveals Leapmotor leading with 103,129 units, Zeekr surging 109.8% YoY to a new high, and Xiaomi holding steady above 30K. Clear tier differentiation has emerged within the new force camp.

28540 days ago

August NEV Delivery Rankings: Leapmotor Retains Crown, Li Auto Bounces Back Strongly

August 2026 delivery data for China's new force automakers is out. Leapmotor leads with 103,100 units, Li Auto surged 23.7% MoM to 37,700 units, and Xiaomi maintained above 30,000 units for the fifth consecutive month.

34640 days ago

9 Automakers Recall Over 4.27 Million Vehicles, Door Handle Safety Flaw Rings Industry Alarm

On August 21, 2026, China's State Administration for Market Regulation announced that Tesla, Xiaomi, Leapmotor, XPeng, Geely, Chery, Dongfeng, BAIC BJEV, and FAW recalled multiple vehicle models due to interior emergency mechanical handle safety issues, involving over 4.27 million units. Tesla accounted for approximately 2.976 million vehicles, nearly 70% of the total. Automakers mainly addressed the issue through warning label additions and OTA updates.

34254 days ago