XPeng sets October delivery record as stock sinks 55.75% in 2026
XPeng delivered 50,237 vehicles in October, yet shares dropped 55.75% this year.
XPeng reported its strongest October yet, shipping 50,237 vehicles. For the first time, overseas shipments exceeded 13,326 units.
The company launched its new L05 model and advanced Level 4 robotaxi licensing. XPeng shares fell 55.75% year-to-date and 61.71% over the past year.
Investors worry heavy R&D spending on humanoid robots could pressure free cash flow. XPeng is shifting from a pure EV maker to a broader Physical AI company, reusing chips and software across vehicles, robotaxis and robots.
This could create multiple revenue streams, but investors remain unconvinced.
- 50,237 units
- October vehicle deliveries
- 13,326 units
- Overseas shipments October record
- 55.75 per cent
- Year-to-date share price decline
- $9.04
- Current share price
Why it mattersWhen operational strength decouples from share price, it signals investor doubt about the business model, not just market sentiment.
AustraliaAustralian superannuation funds and managed portfolios tracking Chinese EV stocks absorbed losses; weakness pressures investment returns this quarter.
✓ Claims checked against the source and corrected before publish. checked 2 h ago
