Shares of Chinese electric-vehicle maker XPeng jumped on Tuesday after the company showcased its latest humanoid robot and unveiled plans to expand into autonomous mobility services at its annual AI Day event.

XPeng’s Hong Kong-listed stock rose as much as 12.5% to HK$103.5 on Tueday, while U.S.-listed shares closed more than 16% higher on Monday.

XPeng on last Wednesday introduced its next-generation “IRON” humanoid robot, equipped with a biomimetic spine, soft-skin exterior, and highly flexible hands capable of 22 degrees of motion.

The robot is powered by XPeng’s in-house “Turing” AI chips, the company said, adding that it aims to begin mass production by end-2026, signaling ambitions beyond electric vehicles.

XPeng also unveiled its robotaxi platform and upgraded VLA 2.0 AI operating model, which will underpin autonomous cars and future mobility devices. The company said it expects to launch commercial robotaxi operations in 2026.

XPeng’s strategy highlights its intent to rival Tesla in blending AI, robotics, and mobility technology.

XPeng will report its third quarter 2025 unaudited financial results on Monday, November 17, 2025, before the open of U.S. markets.