XPeng July Deliveries Rise and Guangzhou Robotaxi Testing Begins
XPeng reported 38,027 deliveries in July 2026, up 4% year over year, bringing cumulative global shipments above 1.2 million. The company also began robotaxi employee testing in Guangzhou, tying its AI and Turing hardware to planned mobility services revenue. Shares rose, but investors face risks from persistent net losses, higher R&D spending, and intense EV price competition.