XPeng's AI-Defined P7+ Europe Launch: A Catalyst for International Growth and Autonomy Ambitions

XPeng has unveiled its AI-defined P7+ sedan in Europe, with pilot production in Austria and deliveries set to begin across 25 European markets from April. This launch reinforces XPeng's shift from pure EV manufacturing to a broader AI and intelligent mobility technology platform. The company aims to achieve 550,000 to 600,000 vehicle deliveries in 2026, supporting its AI investment and international expansion. However, investors should be aware of the risk that XPeng remains loss-making with heavy AI and expansion spending pressuring margins and cash needs.