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He Xiaopeng: In the past, technology R&D accounted for over 10% of revenue. It is expected to translate into profits in the second half of this year to next year.

AASTOCKS ·  Mar 10 12:38

He Xiaopeng, Chairman and CEO of XPeng Motors (09868.HK), mentioned in an interview that this year marks the culmination of the company’s foundational efforts in organization, product, and technology. The globalization process is expected to accelerate comprehensively between 2027 and 2028. In the past, the company's investment in research and development has exceeded 10% of its revenue. It is anticipated that from the second half of this year to next year, this technological investment will begin to translate into commercial profits.

The company is about to launch its second-generation VLA assisted driving system. He Xiaopeng believes that 3 to 6 months after its introduction, significant changes will occur in China’s autonomous driving market, generating broader impacts across the industry, technology, users, and customers. Ultimately, these customers will convert into tangible commercial value. He anticipates that the company’s sales will increase quarter by quarter this year, with higher sales volumes expected in the third and fourth quarters.

The translation is provided by third-party software.


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