XPENG-W (09868) Drops Over 5% at One Point as Tech Day to Spotlight Robotaxi and Other Breakthroughs

Stock News
Nov 05

XPENG-W (09868) saw its shares decline by more than 5% at one point during trading. By the time of writing, the stock was down 4.05%, trading at HK$85.3, with a turnover of HK$764 million.

The 2025 XPeng AI Tech Day is scheduled to take place in Guangzhou at 3 PM on November 5. He Xiaopeng, the company's CEO, used the term "emergence" to describe this year's event highlights, emphasizing that AI's next "decisive breakthrough" lies in the physical world. He revealed that XPeng has developed surprising capabilities in physical AI—"not just one, but multiple"—and expects to showcase its latest advancements in artificial intelligence, smart driving, and Robotaxi, among other fields.

Additionally, reports suggest that AutoNavi is set to enter the Robotaxi market and form a deep partnership with an automaker. Multiple sources indicate that this automaker is likely XPeng.

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