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FrontRow · Aug 25, 2026

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Xpeng shares sink as weak delivery forecast overshadows $6.3 billion robot unit valuation. The company reported a second-quarter net loss of 1.34 billion yuan (200 million), wider than a year earlier, while revenue rose 8% to 19.74 billion yuan. It forecast deliveries of between 115,000 and 121,000 vehicles in the third quarter. Citi said the delivery guidance fell short of investor expectations, largely due to supply chain constraints that disrupted the ramp-up of Xpeng's MONA L03 model. It slightly lowered its price targets for Xpeng's U.S.- and Hong Kong-listed shares following the company's financial results. Separately, Xpeng's robotics business raised more than $900 million in its first funding round, giving the unit a post-transaction valuation of more than $6.3 billion. The round was led by IDG Capital, with participation from Gaorong Ventures and support from Tencent and Alibaba as strategic investors. Brian Gu, Xpeng vice chairman and co-president, said the company's ambition is to usher in "a new phase of global mass production and commercial deployment for advanced humanoid robots," in a LinkedIn post about the funding round.

Xpeng shares sink as weak delivery forecast overshadows $6.3 billion robot unit valuation. The company reported a second-quarter net loss of 1.34 billion yuan (200 million), wider than a year earlier, while revenue rose 8% to 19.74 billion yuan. It forecast deliveries of between 115,000 and 121,000 vehicles in the third quarter. Citi said the delivery guidance fell short of investor expectations, largely due to supply chain constraints that disrupted the ramp-up of Xpeng's MONA L03 model. It slightly lowered its price targets for Xpeng's U.S.- and Hong Kong-listed shares following the company's financial results. Separately, Xpeng's robotics business raised more than $900 million in its first funding round, giving the unit a post-transaction valuation of more than $6.3 billion. The round was led by IDG Capital, with participation from Gaorong Ventures and support from Tencent and Alibaba as strategic investors. Brian Gu, Xpeng vice chairman and co-president, said the company's ambition is to usher in "a new phase of global mass production and commercial deployment for advanced humanoid robots," in a LinkedIn post about the funding round.

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