CITIC Securities has reiterated its "Buy" rating on XPeng Inc. (XPEV.US, 09868). On November 5, XPeng hosted its 2025 AI Day, showcasing technological breakthroughs across four key areas: VLA (Vision-Language-Action), robotics, Robotaxi, and flying cars. The debut of a female humanoid robot with highly realistic gait simulation garnered significant attention.
The firm believes that from now through 2026, as XPeng's VLA and robotics technologies progress toward mass production, the company will gradually evolve from a "new energy vehicle manufacturer" into a "technology firm pioneering physical AI advancements." CITIC highlights XPeng's continuous exploration of cutting-edge technological frontiers as its core competitive advantage.