XPENG Establishes Local Supply Chain Teams in Europe and ASEAN for Global Expansion
- Global Expansion Strategy: In 2026, XPENG is establishing dedicated local supply chain teams to deepen its 'In Local, For Local' strategy, aiming to integrate production, R&D, and service into a complete operational loop in international markets, which is expected to enhance its global competitiveness.
- Surge in Deliveries: In 2025, XPENG's overseas deliveries reached 45,008 units, a remarkable 96% year-on-year increase, demonstrating its market penetration across 60 countries and regions, with expectations that global sales will account for half of total sales in the next decade, boosting confidence in international markets.
- Cost and Efficiency Improvements: By establishing production hubs in Malaysia and Austria, XPENG will significantly reduce logistics and transportation costs while optimizing regional logistics networks to shorten delivery times and enhance customer satisfaction, supporting further global growth.
- Intelligent Transformation: XPENG is deploying AI across its supply chain to drive intelligent transformation, with pilot applications in team management and quality monitoring underway, sharing low-cost AI inspection solutions with partners to foster a stronger collaborative ecosystem.
Trade with 70% Backtested Accuracy
Analyst Views on 09868
About the author

He Xiaopeng's Proposals: He Xiaopeng, Chairman of XPENG-W, proposed delegating low-altitude airspace management authority during the 2026 Two Sessions.
Taxation for Flying Cars: He suggested categorizing taxes for airworthy flying cars and implementing phased tax reductions to lower R&D, production, and marketing costs, aiming to boost market demand.

XPENG's Autonomous Driving Strategy: XPENG plans to skip L3-level autonomous driving and instead focus on launching a mass-produced model with L4 capabilities by 2026, citing the complexity of legal responsibilities and limited user value of L3.
High Definition Maps Upgrade: The company aims to complete the upgrade of high definition maps in major Chinese cities within the year to enhance real-time data support for its vehicles.
Expansion of R&D Team: XPENG is expanding its intelligent team to over 3,500 members to bolster its development efforts.
Investment in Research and Development: The company is committing to an annual R&D investment of at least RMB4.5 billion to support its technological advancements.
Company Announcement: XPENG-W (09868.HK) has launched the 2026 XPENG X9 Pure Electric Edition, featuring advanced technology and design elements.
Product Features: The new model includes 800V+5C ultra-fast charging, a Turing AI chip, active rear-wheel steering, and innovative seating with dual zero-gravity airbags.
Pricing and Variants: The 2026 XPENG X9 is available in five variants, priced between RMB309,800 and RMB369,800.
Market Context: The stock is currently experiencing short selling activity, with a ratio of 30.460% and a short selling value of $168.54 million.

Launch of VLA 2.0: XPENG-W held its VLA 2.0 intelligent driving launch event, introducing two solutions: a foundational L2++ experience and an advanced L4 experience aimed at achieving driverless capabilities.
Global Road Testing and Deliveries: The VLA 2.0 will begin global road testing soon, with full deliveries expected in 2027, facilitating XPENG-W's international expansion in intelligent driving without the need for extensive local adaptations.
Investment in R&D: The company has invested over 2 billion in R&D and 30,000 card computing power to enhance its autonomous driving technology.
Future of Autonomous Driving: XPENG-W's CEO predicts that full self-driving will become a part of daily travel within the next 1-3 years, marking a significant shift in transportation habits.

Vehicle Deliveries: XPENG-W reported a total of 15,256 vehicle deliveries in February, marking a 49.9% decrease year-over-year.
Global Expansion: The company has commenced global deliveries of the new XPENG P7+, with shipments starting to 18 countries.
Upcoming Product Launch: XPENG-W is set to unveil its 2nd Gen VLA at an event on March 2, ahead of its official rollout later in March.
Market Activity: The stock experienced a decline of 2.56%, with significant short selling activity amounting to $168.54 million and a short selling ratio of 30.46%.

XPENG-W's Milestone: XPENG-W has unveiled its first full-chain mass production base for humanoid robots in Guangzhou, marking a significant step in the industrialization of this technology.
Strategic Cooperation: The company has entered into a strategic cooperation framework with the Tianhe District government to advance the embodied intelligence industry, coinciding with the construction of the Embodied Intelligence Industrial Park.
Production Goals: XPENG's Chairman and CEO, He Xiaopeng, aims for the company to become the world's leading large-scale producer of advanced humanoid robots by the end of this year.
Market Activity: The stock has experienced a decline of 1.899%, with significant short selling activity reported at $176.47 million and a ratio of 17.191%.






