Xpeng XPEV Surges 9.64% to Monthly High on Robot Innovation Autonomous Mobility Push

Xpeng Inc. (XPEV) surged to its highest level so far this month on Nov. 7, with shares climbing 9.64% in U.S. trading and intraday gains reaching 14.27%. The rally followed a string of high-profile innovations and strategic moves that signaled the automaker’s push into robotics and autonomous mobility, reigniting investor confidence after a period of stagnation.

The stock’s rebound was fueled by the debut of Xpeng’s eighth-generation IRON humanoid robot, unveiled at an AI Day event on Nov. 5. The robot, featuring synthetic skin and advanced mobility, demonstrated capabilities that CEO He Xiaopeng showcased on social media to dispel doubts about its autonomy. The launch aligns with the company’s vision to expand beyond EVs into robotics, a sector poised for long-term growth. Simultaneously, Xpeng announced plans to commercialize robotaxi services by 2026, leveraging in-house AI chips and a partnership with Alibaba’s Amap for ride bookings. These initiatives highlight the company’s pivot toward AI-driven mobility solutions, positioning it as a direct competitor to Tesla in autonomous technology and urban transport.

Xpeng’s foray into urban air mobility further underscored its disruptive ambitions. The A868 eVTOL flying car, announced alongside a mobile deployment platform, aims to address urban congestion by enabling vertical takeoffs and ground-air transitions. With 7,000 pre-orders secured, the project reflects the automaker’s bid to capitalize on emerging infrastructure needs. CEO He’s proactive engagement with public skepticism and Tesla CEO Elon Musk’s acknowledgment of Xpeng’s progress added credibility to its innovation strategy. As the company targets mass production of robots and flying vehicles by 2026, the stock’s recent performance suggests investors are betting on its ability to lead the next wave of mobility technology, despite regulatory and technical hurdles in global markets.