小鹏汽车 (NYSE: XPEV / 9868.HK)
Public · 3 known investors
XPeng is a Chinese electric vehicle manufacturer that develops smart EVs alongside adjacent AI robotics and flying-car ventures. It operates automated production facilities and is expanding into humanoid robots (IRON) and low-altitude flying vehicles through affiliated companies.
Also known as 9868.HK · XPeng · XPeng Motors · XPEV · 小鹏汽车 · 广州小鹏汽车科技有限公司
Founders & leadership
Investors · 3
Company profile
researched Aug 2026小鹏汽车 (XPeng) is a Chinese automaker that develops and sells electric passenger vehicles positioned around in-car artificial intelligence. Its website lists a model range spanning sedans and SUVs plus an MPV: the P7 and P7+ sedans, the G6, G7, G9 and G9L SUVs, the X9 MPV, the GX, and the MONA sub-line including the M03 and L03. Certain models are offered with an extended-range powertrain branded 鲲鹏超级增程, and the site cites a 1,704 km range figure for a super extended-range G7 variant. Beyond vehicles, the company presents technology programmes covering AI vehicles, AI robots, flying cars and its own 图灵 (Turing) AI chip, as well as a second-generation VLA driver-assistance capability.
Alongside vehicle sales, XPeng operates ownership services. These include a self-operated charging network described as more than 2,000 stations across over 420 Chinese cities, S5 liquid-cooled fast charging, home charging installation, destination charging at leisure locations such as scenic spots and hotels, and owner charging benefits such as reserved charging slots and limited-time parking-fee waivers. After-sales offerings include vehicle warranties of up to 5 years/120,000 km and 8 years/160,000 km on the three electric powertrain systems, with an optional lifetime warranty product on some models, 24/7 roadside assistance, and 24/7 online diagnostics with fault pre-warning.
The group also maintains a retail and service store footprint across China, a customer app, an official used-car channel, an owner community, dealer/franchise authorisation and large-account (fleet) sales channels, and publishes ESG reporting.
Business model
XPeng sells electric vehicles to consumers through its own stores and authorised franchise partners, supported by test-drive booking, financing and after-sales channels, and monetises the ownership period through charging services, home-charging installation, warranty and maintenance products, and an official used-car business.
Revenue is generated primarily from vehicle sales, with additional services including charging, financing, after-sales/warranty products and used-car sales; the company reported group revenue of RMB 19.74 billion in the second quarter of 2026, up 8.0% year over year, with a gross margin of 20.7%.
Traction
Company-stated traction includes a self-operated charging network of more than 2,000 stations in over 420 Chinese cities, a nationwide store network, and quarterly group revenue of RMB 19.74 billion in Q2 2026 with a 20.7% gross margin.
Latest developments
Recent items published by the company include second-quarter 2026 results (revenue RMB 19.74 billion, +8.0% year over year; gross margin 20.7%, up 3.4 percentage points), the unveiling of the G9L five-seat technology flagship at a pre-sale price of RMB 259,800, the market launch of the MONA L03, and publication of the 2025 ESG report.
▸Full profile — market position, technology, go-to-market, geography
Market position
XPeng presents itself as an explorer of future mobility aiming to become a globally liked intelligent-technology enterprise, and cites three consecutive years of MSCI ESG AAA ratings, which it describes as the highest rating among global automakers.
Differentiation is framed around vertically integrated AI capability (own Turing AI chip, second-generation VLA assisted driving), a company-operated fast-charging network with liquid-cooled S5 chargers, long warranty terms including an optional lifetime warranty, and extension into robotics and flying cars.
Technology
The company positions its vehicles as AI vehicles, with an in-house 图灵 (Turing) AI chip, a second-generation VLA (vision-language-action) driver-assistance system, and adjacent AI programmes in robotics and flying cars. Charging technology includes S5 liquid-cooled ultra-fast chargers, and connected-vehicle technology supports 24/7 online diagnostics and predictive fault alerts.
Go-to-market
Direct-to-consumer sales through a nationwide network of XPeng stores plus authorised franchise partners, with online ordering, pre-sale reservations and test-drive booking via the website and the XPeng app, and dedicated channels for large-account sales.
Chinese consumer car buyers across segments, from the MONA line aimed at younger first-time buyers of a smart SUV to larger family SUVs and MPVs and technology-flagship models; the company also runs a large-account/fleet sales channel.
Geography
Operations centre on mainland China, where the self-operated charging network is described as covering more than 420 cities with over 2,000 stations; the corporate entity on the site is 广州小鹏汽车科技有限公司 (Guangzhou).
Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 4
launches, deals, and filingsXPeng group reported second-quarter 2026 revenue of RMB 19.74 billion, up 8.0% year over year, with gross margin of 20.7%, up 3.4 percentage points.
XPeng announced the G9L, a five-seat flagship SUV, with a pre-sale price of RMB 259,800.
The MONA L03 was announced as officially on the market, alongside new colour/theme packages for the MONA M03.
The company published its 2025 ESG report and stated it had received an MSCI ESG AAA rating for three consecutive years, which it describes as the highest rating among global automakers.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 1
primary sources listed
- 小鹏汽车 (NYSE: XPEV / 9868.HK)xiaopeng.com · web
1 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does 小鹏汽车 (NYSE: XPEV / 9868.HK) do?
- Chinese maker of AI-focused electric vehicles, with its own charging network, robotics and flying-car programmes.
- Who founded 小鹏汽车 (NYSE: XPEV / 9868.HK)?
- 小鹏汽车 (NYSE: XPEV / 9868.HK) was founded by Xiaopeng He.
- Who are 小鹏汽车 (NYSE: XPEV / 9868.HK)'s investors?
- 小鹏汽车 (NYSE: XPEV / 9868.HK)'s investors include East West Ventures EWV, Morningside Venture Capital Limited, Shunwei Capital.