He Xiaopeng revealed in the earnings call: Seven extended-range vehicles will be launched next year, and the annual sales of 1 million robots will be achieved by 2030.
XPeng's Q3 financial report shows a significant reduction in losses. He Xiaopeng outlined an ambitious blueprint for robots, with the annual sales volume potentially reaching 1 million units by 2030.
According to CheDongXi on November 17th, just recently, He Xiaopeng, the Chairman and CEO of XPeng, revealed XPeng's plans for new cars, the second - generation VLA, Robotaxi, and humanoid robots next year during a conference call.
2026 will be a big year for XPeng's product lineup. The company not only plans to launch 7 models with both extended - range and pure - electric versions but also 3 Robotaxi models and initiate the trial operation of Robotaxi.
Regarding humanoid robots, He Xiaopeng aims to achieve large - scale mass production by the end of 2026, and the sales volume may exceed 1 million units by 2030.
Today, XPeng released its Q3 financial report, showing improved financial conditions. The delivery volume reached 116,000 units, a year - on - year increase of 149.3%. The revenue exceeded 20 billion yuan, doubling year - on - year. The gross profit margin exceeded 20% for the first time, and the cash reserve reached a new level.
▲ XPeng's Q3 financial data in 2025
As of the first three quarters of this year, XPeng's revenue was 54.47 billion yuan, with an accumulated loss of 1.5 billion yuan. XPeng is about to face the ultimate challenge of quarterly performance - striving for profitability in the fourth quarter.
XPeng's performance also affected the capital market. As of the time of writing, XPeng's US - listed stock price dropped by more than 6%, and its market value was 22.2 billion US dollars (approximately 157.8 billion yuan).
▲ Changes in XPeng's US - listed stock price as of the time of writing
01.
Launch 7 extended - range models next year
Introduce 3 new models overseas
During XPeng's earnings conference call tonight, He Xiaopeng, the Chairman of XPeng, responded in detail to the company's development priorities in the fourth quarter and its plans for next year.
He Xiaopeng first announced this week's new car: the XPeng X9 Super Extended - Range will be officially launched on November 20th and will be delivered upon launch.
▲ XPeng X9 Kunpeng Super Extended - Range version
Next, He Xiaopeng responded to next year's new car plan: 7 models with super extended - range configuration and dual - function capabilities will be introduced.
He said that XPeng plans to launch 3 more super electric extended - range products in the first quarter of 2026 to further increase its share in the extended - range market. In addition, XPeng will also launch 4 new dual - function models in 2026, including the first product in an important niche market.
He also introduced the product plan for the overseas market. XPeng plans to launch 3 new models next year, including the much - anticipated small and medium - sized SUV models by global users, to meet the diverse car - buying needs of global consumers.
02.
The second - generation VLA is incomparable to the current end - to - end system
Robotaxi will enter overseas markets
He Xiaopeng also responded to the progress in intelligent assisted driving.
XPeng's upcoming second - generation VLA model has 10 times more parameters than the previous generation. In the first quarter of 2026, XPeng plans to fully push the second - generation VLA model to Ultra models.
▲ XPeng's second - generation VLA architecture
He Xiaopeng also shared his test - drive experience of the second - generation VLA, saying that the experience in complex road conditions was extremely amazing. No current end - to - end system at this stage can compare with it.
He also said that Volkswagen will be the first customer for XPeng's second - generation VLA model. XPeng's Turing AI chip has also received a fixed - point order from Volkswagen. The models jointly developed by the two sides will be mass - produced early next year.
▲ Volkswagen will be the first to launch XPeng's second - generation VLA
In terms of L4, XPeng previously planned to launch three Robotaxi models without high - precision maps and lidar in 2026 and start trial operations.
▲ XPeng will launch three Robotaxi models in 2026
At the meeting, He Xiaopeng also introduced the unique advantages of XPeng's Robotaxi models: "XPeng's R & D system includes full - stack self - development and cross - domain integration. Developing Robotaxi means that XPeng will reach a concentrated inflection point in multiple self - developed systems. For example, adding Robo configuration to current models is the same for our R & D. The second - generation VLA can use one model and different logics to train our intelligent assisted driving."
He Xiaopeng further explained the ecological layout of the Robotaxi business: "With regulatory approval, we will optimize the model and cooperate with AutoNavi first. AutoNavi will be responsible for traffic, payment, operation, etc. We will provide a toolbox and open interfaces to allow more partners to join, including entering overseas markets."
He Xiaopeng believes that it will soon be proven that XPeng's Robotaxi has greater advantages than those of some L4 companies.
03.
The market potential of robots is greater than that of cars
Aim to sell 1 million robots in 2030
He Xiaopeng also responded to the layout and plans for humanoid robots.
He Xiaopeng said: "If we compare IRON to a car, IRON is the most difficult model to mass - produce in XPeng's lineup."
▲ XPeng's new - generation IRON
For humanoid robots, XPeng's short - term goal is to be the first to achieve large - scale mass production of high - level humanoid robots by the end of 2026.
He Xiaopeng said that XPeng is promoting the R & D of the new - generation humanoid robot IRON and adopting the technical route of "physical world model - driven".
IRON has completed multiple internal iterations. Its anthropomorphic posture and gait performance far exceed expectations, but the capabilities publicly demonstrated so far are "only a small part".
He said that in the second quarter of next year, XPeng hopes to achieve comprehensive and rich capability integration through cross - domain integration and innovation, bringing an effect and experience far beyond all current robots on the market.
Regarding the value of the humanoid robot market, He Xiaopeng highly recognized it and put forward an ambitious goal. "From a long - term perspective, I think the market potential of robots is greater than that of cars. In 2030, the annual sales volume of XPeng robots may exceed 1 million units."
He also shared some thoughts on this: "I think it will be much easier to increase the production capacity of robots than that of vehicles." "However, for the commercialization of robots, a higher technological level needs to be achieved."
He Xiaopeng also predicted that the commercialization of robots may become more diverse in the next five years. For example, by changing the hands, robots can be used in the automobile manufacturing scenario.
▲ XPeng's new - generation IRON service scenario
04.
Single - quarter revenue exceeds 20 billion yuan, doubling year - on - year
Net loss narrows to 380 million yuan
XPeng's ability to set these goals shows its confidence, which is also due to another excellent quarterly report.
In the third quarter of this year, XPeng's total revenue was 20.38 billion yuan, a year - on - year increase of 101.8% and a quarter - on - quarter increase of 11.5%. Among them, the automobile sales revenue increased steadily to 18.05 billion yuan, a year - on - year increase of 105.3% and a quarter - on - quarter increase of 6.9%.
▲ XPeng's revenue and delivery volume continue to increase steadily
In terms of net loss, XPeng's net loss in the third quarter of this year was 380 million yuan, compared with 1.81 billion yuan in the same period last year and 480 million yuan in the second quarter of 2025. The significant narrowing of the loss is due to the steady increase in automobile sales and the continuous improvement of the gross profit margin.
In terms of gross profit margin, XPeng's gross profit margin in the third quarter of 2025 was 20.1%. This is the first time that XPeng's comprehensive gross profit margin has exceeded 20% in a quarter, surpassing Tesla (whose gross profit margin in the third quarter was 18%). In comparison, XPeng's gross profit margin in the same period of 2024 was 15.3%, and that in the second quarter of 2025 was 17.3%.
Among them, XPeng's automobile gross profit margin in the third quarter of this year was 13.1%, compared with 8.6% in the same period of 2024 and 14.3% in the second quarter of 2025. The official pointed out that the year - on - year increase in the gross profit margin is mainly due to continuous cost reduction. The quarter - on - quarter decrease is due to product replacement.
In the third quarter of 2025, XPeng's total delivery volume was 116,000 units, a year - on - year increase of 149.3% compared with 46,500 units in the same period last year.
Gu Hongdi, the Vice Chairman and Co - President of XPeng, said: "The continuous improvement of the company's operations allows us to be more determined to invest in physical AI R & D. At the same time, we look forward to expanding the physical AI application ecosystem with more global business and technology partners to form a positive cycle of mutual promotion between technology R & D and commercialization."
▲ XPeng's delivery volume in the third quarter of this year
In addition, in the third quarter of this year, XPeng achieved results in intelligent assisted driving, extended - range models, Robotaxi, and humanoid robots.
Correspondingly, XPeng's R & D expenditure in the third quarter of 2025 was 2.43 billion yuan, a year - on - year increase of 48.7% compared with 1.63 billion yuan in the same period of 2024 and a quarter - on - quarter increase of 10.1% compared with 2.21 billion yuan in the second quarter of 2025.
The official explained that this is mainly due to the increased expenditure on expanding the product portfolio and developing new models and technologies.