Xpeng shares rise in Hong Kong on humanoid robot production switch
Xpeng’s stock rose nearly 1.5% in Hong Kong after the company said it switched on automated production lines for its advanced humanoid robotics. It expects robot margins to be more profitable than electric vehicles.
5% in Hong Kong after the Chinese EV maker said it had switched on what it described as the world’s first automated production lines for advanced humanoid robotics. The company said its IRON robot was the first to walk off the production line and that it expects the robotics business to be more profitable than electric vehicles.