HK Stock Market Move | XPENG-W (09868) rises over 6% again, new Xiaopeng G6 model to be unveiled at the end of the month. The company is expected to begin mass production of L3Siasun Robot & Automation.

XPENG-W (09868) rose by over 6%, as of the time of writing, it is up 5.83% to 79.85 Hong Kong dollars, with a turnover of 9.32 billion Hong Kong dollars. On the news front, the chairman and CEO of Xiaopeng Motors, He Xiaopeng, announced today that the new Xiaopeng G6 will officially debut on February 28th. In addition, He Xiaopeng recently stated at the Xiaopeng X9 overseas delivery ceremony that the company plans to launch Level 3 and L3 autonomous driving by 2025. The related technology architecture can be reused in the humanoid Siasun Robot&Automation's foot and hand structure, and the company is expected to be one of the earliest enterprises in China to mass produce L3 Siasun Robot&Automation. Founder released a research report stating that in terms of performance in the automotive market, Xiaopeng Motors delivered a total of 30,350 new cars in January, a year-on-year increase of 268%, ranking first among new forces. The new car G7 is expected to be launched soon, which may help the company achieve a total monthly sales of 40,000. The report pointed out that Siasun Robot&Automation and the automotive industry have high synergy in manufacturing and supply chain, and focusing on the Siasun Robot&Automation track will strongly promote the company to break through the boundaries of existing product forms and seize the market opportunity in the "L3-level" Siasun Robot&Automation field. In addition, as a leading company in autonomous driving, Xiaopeng is expected to leverage its technological advantages and product innovation to enjoy the industry dividend brought by the increasing demand for high-end autonomous driving in the mainstream market, achieving market share growth.