“Catch up with” Tesla’s FSD? Li Auto and XPeng have made a bold bet.
① Li Auto announced that its intelligent driving system “Mach VLA” will receive a new version update in the third quarter and achieve feature parity with Tesla’s FSD V14 by the fourth quarter; ② XPeng Motors Chairman He Xiaopeng also made a public commitment—XPeng’s VLA will match the overall performance of Tesla’s FSD V14.2 in Silicon Valley by August.
Deutsche Bank significantly raised its shipment forecast for humanoid robots: doubling to 50,000 units by 2026 and targeting 7 million units by 2050.
Deutsche Bank has significantly revised upward its global shipment forecast for humanoid robots, raising its 2026 projection from the previous baseline of 17,500 units (based on 2025 estimates) to nearly 50,000 units—an increase of more than twofold—and expects global shipments to reach 7 million units by 2050.
Xpeng X9 MPV Lands in Seven European Countries Amid Export Surge
Global electric vehicle registrations rose 3% year-on-year in May, while China's declined by 9%.
According to data from Benchmark Mineral Intelligence, global new registrations of battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) rose 3% year-over-year in May to approximately 1.8 million units, marking the third consecutive month of growth. Total sales for the first five months of this year also increased by 0.9% year-over-year. European demand was the primary driver behind the May registration increase, with registrations in the region rising 23% to about 415,000 units. In China, however, the phase-out of the vehicle trade-in subsidy program and the expiration of tax incentives for electric vehicle purchases
XPENG X9 Tops Range and Charging Performance in World's Largest EV Test
Major Broker: HSBC Research's Investment Ratings and Target Prices for China Autonomous Driving-Related Stocks (Table)
HSBC Research has published a report listing the investment ratings and target prices for Chinese autonomous driving-related stocks as follows: Stock | Investment Rating | Target Price (HKD) Pony AI-W (02026.HK) | Buy | HK$135 WeRide-W (00800.HK) | Buy | HK$29.6 XPeng Inc.-W (09868.HK) | Buy | HK$105 Horizonrobot-W (09660.HK) | Buy | HK$11.5 Joyson Electronics (00699.HK) | Buy | HK$21.1