On November 19, a piece of market news surfaced, alleging that XPENG Motors (09868.HK) had ambitions to manufacture thousands of self-driving taxis on an annual basis from 2026 to 2027. In reaction to this claim, the head of the pertinent department at XPENG Motors clarified that, following a thorough investigation, the company confirmed that this information had not been officially released. Shortly after, the company reached out to the entity that had disseminated the news. This party asserted that the details in question were derived from a predictive analysis report and did not reflect XPENG Motors' genuine production strategy. Consequently, XPENG Motors concluded that the rumor was baseless.
