Autonomous Driving Concept Stocks Watch | XPENG-W (09868.HK) Trades Weak and Volatile Intraday,L4 Testing Underway for Its Robotaxi Project

NewTimeSpace News:XPENG-W (09868.HK)moved lower in the afternoon on June 10, 2026. At 13:08, the stock stood at HK$57.90, representing a 5.55% decline.

According to research from Everbright Securities, the proportion of intelligent driving mileage forXPENG's VLA2.0 exceeded 50% within the first month after its rollout. A major version upgrade is expected in Q3 2026, while the certification of VLA2.0 for the European market is also in progress. The VLA2.0-powered Robotaxi is conducting L4 road tests on public roads in Guangzhou. Passenger-carrying demonstration operations are set to kick off in Q3 2026, and an economical model will be launched in 2027 to verify the business model.

CITIC Securities noted that the commercialization of L4 autonomous driving is accelerating. Multiple enterprises have delivered economic returns from flagship projects and are scaling up operations and optimizing business models. Looking ahead to 2026, R&D and product launches across the industrial chain will be further advanced, bringing growth opportunities to the vehicle intelligentization sector. 

XPENG-W (09868.HK) Focuses on the full-stack in-house R&D and large-scale deployment of end-to-end autonomous driving foundational models for mass-produced vehicles. Its proprietary XNGP (Advanced Driver Assistance System) has completely decoupled from high-definition maps, demonstrating exceptional generalization capabilities in complex urban NOA (Navigation Guided Pilot) scenarios. The activation rate of advanced ADAS and the mileage penetration rate among users of newly delivered models remain at the industry forefront, providing a highly deterministic benchmark for vehicle-side AI application delivery.

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