Chinese electric vehicle maker Xpeng made its European ambitions clear on Thursday, as the firm unveiled its Mona L03 compact SUV at an event in the heart of Germany’s car industry, Munich. The launch, arguably the largest ever staged in Europe by a Chinese carmaker, was not just about introducing a new model, but also about convincing Europe that Xpeng is here to stay. “We are here not only to bring our products to Europe, but also to build them for Europe,” said He Xiaopeng, Xpeng’s chairman...
Chinese electric vehicle maker Xpeng expects to produce more than 1,000 humanoid robots a month by the end of 2026 as it competes with Tesla in a high-stakes race to dominate physical AI, the integration of intelligent software into robotics and machinery. The Guangzhou-based carmaker told the South China Morning Post in a statement on Thursday that its manufacturing capacity would pave the way for the global launch of Iron, its next-generation humanoid robot, with commercial deliveries...