XPeng's First ET1 Humanoid Robot Rolls Off Production Line, Aiming for Mass Production by 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: stocktwits
- Robot Production Milestone: XPeng's first ET1 humanoid robot prototype has successfully rolled off the production line, marking a critical step towards mass production by the end of 2026, although technical details were not disclosed, this progress highlights the company's ambitions in robotics.
- Negative Market Reaction: Following XPeng's confirmation of its robotics progress, shares fell in Hong Kong after Macquarie cut its price target from $32 to $26, reflecting investor concerns over slowing EV demand in China.
- Technological Innovation Showcase: The next-generation Iron humanoid robot features bionic muscles, flexible skin, and hands with 22 degrees of freedom, powered by in-house AI chips delivering 2,250 TOPS of computing power, with initial applications focusing on commercial service scenarios, showcasing XPeng's technological prowess in AI and robotics.
- Intensifying Industry Competition: XPeng's robotics initiative aligns with growing competition from EV makers like Tesla, whose CEO Elon Musk describes the Optimus robot as the “biggest product of all time,” indicating a rising global interest in humanoid robots.
Analyst Views on XPEV
Wall Street analysts forecast XPEV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XPEV is 29.67 USD with a low forecast of 20.00 USD and a high forecast of 50.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
4 Buy
1 Hold
1 Sell
Moderate Buy
Current: 20.880
Low
20.00
Averages
29.67
High
50.00
Current: 20.880
Low
20.00
Averages
29.67
High
50.00
About XPEV
XPeng Inc is a holding company mainly engaged in the design, development, manufacturing and marketing of smart electrical vehicles (EVs). The Company develops full-stack advanced driver assistance systems (ADAS) software in house and has deployed such software on mass-produced vehicles. The Company offers various models, including G9 (mid- to large-sized sport utility vehicle (SUV), P7i (sports sedan), G6 (coupe SUV), X9 (seven-seater multi-purpose vehicle (MPV)), MONA M03 (sedan) and P7+ (family sedan). The Company operates stores across China, including both stores directly operated by the Company and franchised stores. The Company also offers technical research and development services, services embedded in a sales contract, maintenance service, supercharging service.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
