Autonomous Driving Concept Stocks Watch | Institutions: Auto Market Expected to Maintain Month-on-Month Recovery in September, XPENG-W (09868.HK) Trades Weaker in Afternoon Session

NewTimeSpace News: On September 10, 2026, XPENG-W (09868.HK) traded weaker in the afternoon session. As of 14:01, it was quoted at HK$40.80, down 3.55%.

According to public industry data, Xpeng’s overseas sales exceeded 20,000 units for the first time in the second quarter of this year, representing an 81% year-on-year increase. Overseas business contributed over 25% of total revenue in the first half of the year. The overseas market is gradually becoming a key driver for Xpeng’s sales and revenue growth.

As reported by National Business Daily, the China Passenger Car Association (CPCA) stated on September 9 that amid continued efforts to ease fierce price competition, the domestic auto market is expected to sustain month-on-month recovery in September. With the high-base effect fading, year-on-year declines will narrow markedly.

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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