Xpeng shares sink as weak delivery forecast overshadows $6.3 billion robot unit valuation
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Source: CNBC
Published: 2026-08-25 14:08 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, Asia, Technology & AI, China, Business & Economy, Asia Pacific
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Snippet:
Shares of Chinese electric vehicle maker Xpeng fell more than 9% in Hong Kong on Tuesday after the company issued weaker-than-expected forecast for third-quarter deliveries, despite its robotics business unit securing a valuation of over $6.3 billion in a funding round.
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