Xpeng shares jump 6.82% after hours as optimism grows over humanoid robots and robotaxi advancements.

Xpeng Inc. surged 6.82% in after-hours trading following a rally driven by optimism over its advancements in humanoid robotics and autonomous technologies. The stock’s pre-market gains were fueled by its recent AI Day event, where the company unveiled its IRON humanoid robot and progress on robotaxi programs, signaling expansion beyond traditional EVs. Analysts highlighted synergies between Xpeng’s autonomous driving R&D and robotics, with shared engineering efforts potentially reducing costs and accelerating development. Morgan Stanley upgraded its price targets and reiterated an Overweight rating, citing potential valuation upside from mass production of these initiatives by 2026. Additionally, partnerships with Volkswagen and Amap, along with the upcoming ID.UNYX 08 model launch, reinforced investor confidence. The Hong Kong-listed shares had already risen 18% earlier in the week, marking a multi-year high, as market perceptions shifted toward Xpeng’s broader tech ambitions.