Autonomous Driving Concept Stocks Insight | XPENG-W (09868.HK) Edges Lower; MIIT to Steadily Advance L3 Autonomous Driving Access Pilots

NewTimeSpace News：On October 21, 2026, XPENG-W (09868.HK) traded weaker. As of 14:27, it was quoted at HK$37.28, down 0.85%.

According to National Business Daily, Zheng Yeqing, Vice President of XPeng Motors, revealed that XPeng plans to cooperate with local manufacturers to boost European production capacity through new plants or existing facilities, with a decision expected in the coming months. The new production lines will target mid-range models with a lower cost base than its existing partner plant in Austria.

Economic Information Network reported that the installation rate of L2 combined driving assistance functions on new passenger vehicles in China has exceeded 70%. The first batch of L3 conditional autonomous driving vehicles has been launched for road trials in designated areas. Going forward, the Ministry of Industry and Information Technology will deepen cross-sector collaboration, steadily expand scenario-based applications, prudently push forward pilots on the access and road operation of intelligent connected vehicles, and accelerate large-scale demonstrations of autonomous driving in key scenarios.

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.