Xpeng reported a Q4 net income of 383 million yuan, reversing an expected 45.3 million-yuan loss, driven by higher vehicle margins and cost controls. Management forecast Q1 revenue of 12.2–13.3 billion yuan, below the 15.7 billion-yuan consensus, and projected deliveries of 61,000 to 66,000 vehicles after a 40% year-on-year shipment decline in January and February.

The company plans to introduce four new EV models in 2026, spanning large and compact segments tailored for global markets. Extended-range variants will launch in select regions, supported by local production initiatives in Europe and Southeast Asia to enhance supply chain efficiency and market responsiveness.

Quarterly OTA updates will expand autonomous driving to small roads, parking lots and campuses, boosting AI parameters to 20 billion and improving takeover mileage by 5–10 times. VLA 2.0 has doubled test drives and Ultra model sales, with overseas testing slated for year-end and monetization of smart-driving software under evaluation.

Xpeng targets production of at least 1,000 car-grade humanoid robots by year-end, leveraging in-house joint, torso and AI development for commercial, industrial and household use. Robo-taxi testing with safety drivers will commence in H2, aiming for fully driverless operations by early next year.