XPENG

Xpeng shares dropped over 9% in Hong Kong after the company forecast third-quarter deliveries of 115,000–121,000 vehicles, missing investor expectations amid supply-chain disruption tied to the MONA L03 ramp-up. The company reported a second-quarter net loss of 1.34 billion yuan while revenue rose 8% to 19.74 billion yuan. Xpeng’s robotics unit raised more than $900 million at a post-money valuation above $6.3 billion, and Citi estimates the EV business has an implied value of about $6.5 billion, roughly on par with the robotics arm. » More on cnbc.com

Xpeng raised about $900 million in a funding round for its robotics division, valuing it at more than $6.3 billion. The funds will be used for hardware, software, AI training and building mass-production facilities; series production of the humanoid robot “Xpeng Iron” is slated to start at the end of 2026, with commercial sales planned for 2027. Heavy investments in new models and AI widened the net loss in the second quarter to 1.34 billion yuan, while revenue rose 8.0% to 19.74 billion yuan and deliveries were around 103,000 vehicles. Analysts do not see humanoid robots as a near-term profit driver for Xpeng. » More on manager-magazin.de

Xpeng raised more than $900 million in the first financing round for its robotics division, giving it a valuation of over $6.3 billion. The round was led by IDG Capital and backed by Tencent and Alibaba. The funds will be used for hardware and software development, training AI models, building mass‑production facilities and global expansion. Xpeng plans serial production of the humanoid robot Xpeng IRON by the end of the year; commercial sales and deliveries are scheduled for 2027. » More on wiwo.de