Xpeng Inc. (NYSE:XPEV) is targeting volume production of its flying cars next year, as well as scaling its humanoid robot efforts.
Humanoid Robots In Q4
In a statement to Reuters on Thursday, Xpeng President Brian Gu shared that the company is targeting a fourth-quarter 2026 production timeline for its humanoid robot. Xpeng said that it has received more than 7,000 orders for its flying cars, all of which are from China, the report said. The company is also working to secure approval from China’s aviation regulator.
Xpeng will also produce thousands of Robotaxis in the next year and a half, while also saying that the company’s humanoid robot business will exceed its automotive business in the next 2 decades. Xpeng will use its robots as receptionists or as sales technicians initially.
Xpeng’s Self-Driving Efforts
Xpeng CEO CEO He Xiaopeng has expressed bullish sentiments about the company’s Vision-Language-Action (VLA) 2.0 autonomous driving system, inviting several international media and influencers to test out the system’s capabilities.
The company had earlier set up a dedicated Robotaxi unit within its ranks ahead of a commercial rollout of the service and targets releasing three Robotaxi models this year.
Tesla Optimus V3
Meanwhile, Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk said during the company’s first quarter 2026 earnings call that the automaker would showcase its Optimus V3 robot closer to its production timeline, stated to be around July or August this year. “We’ve found out our competitors literally do a frame-by-frame analysis and copy everything we’re doing," Musk said.
Musk also confirmed that the automaker’s vehicles equipped with the Hardware 3 (HW3) chip would not be able to achieve Unsupervised Full Self-Driving (FSD), while also sharing that Tesla could set up potential mini factories to replace the hardware on HW3-equipped vehicles.
Tesla also rolled out its Robotaxi service in Dallas and Houston, which was seen as a sign of progress for the automaker's self-driving vision by Morgan Stanley analyst Andrew Percoco.
According to Benzinga Edge Rankings, Xpeng offers poor Momentum, while also failing to provide a favorable price trend in the Long term.
Price Action: XPEV declined 5.98% to $16.18 during pre-market trading on Thursday.
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