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
