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The Twelfth Magpie

Humanoid robot-maker down 49% to consider buying for a Stocks and Shares ISA

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Humanoid robot-maker down 49% to consider buying for a Stocks and Shares ISA
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XPeng is down 49% year to date as the company pushes both EV growth and humanoid-robot ambitions under its IRON platform. The article frames XPeng as a “full-stack” automaker with in-house capabilities in software, chips and vehicles, positioning it to scale deliveries after technical validation. It notes that XPeng’s robotaxis are already driving in China in testing and that the firm’s first self-driving taxi rolled off the production line in May. XPeng targets passenger rides without a safety driver by early 2027 and plans a full market launch of IRON in China and overseas in 2027. Financially, the second quarter included 103,295 deliveries (20,000 overseas). Revenue rose 8% to RMB 19.74bn, with gross margins near 21%, but the company still posted a net loss of RMB 1.34bn due to elevated R&D spending.

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