XPeng Pivot to Physical AI Amid China Recall Concerns
XPeng shares remain far below recent levels as the company reframes itself from a margin-strained automaker toward a Physical AI platform, spanning chips, intelligent driving, humanoid robots and flying vehicles. China’s regulators announced the country’s largest recall over faulty emergency door handles across 11 makers; XPeng’s exposure is about 264,842 vehicles across the G6, P7+ and X9 models.