Autonomous Driving Concept Stocks Watch | XPENG-W(09868.HK) Extends Gains in Afternoon Session, Steady Growth Guidance Issued for Q2 2026

NewTimeSpace News: On June 29, 2026,  XPENG-W(09868.HK) trended higher in the afternoon. At 13:51, the stock traded at HK$47.86, up 5.00%.

On the news front, for its Robotaxi business, vehicles equipped with the second-generation VLA have obtained road test permits for intelligent connected vehicles in Guangzhou. The company plans to launch manned demonstration operations with safety supervisors in the second half of 2026.

CICC International Securities commented that XPeng kept its consolidated gross margin at an elevated level in Q1 2026 and projected steady growth for Q2 2026. XPeng delivered 62,682 new vehicles in Q1 2026, a year-on-year decline of 33.3%, mainly attributable to the product transition cycle. Per the company’s guidance, vehicle deliveries are projected to range between 100,000 and 106,000 units in Q2 2026, representing a quarter-on-quarter increase of 59.5% to 69.1%; revenue is expected to rise by 50.4% to 59.6% quarter on quarter.

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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