XPENG, a prominent player in the electric vehicle sector, recently showcased significant advancements at IAA Mobility 2025, highlighting its commitment to AI-driven mobility solutions. The company introduced the Next P7, an AI-enhanced vehicle, and announced plans to open its Munich R&D Center, marking its first in Europe to enhance local innovation ties. XPENG’s initiatives include launching L4 autonomous driving vehicles and expanding its product offerings to include flying vehicles and humanoid robots by 2026. These developments emphasize XPENG’s strategic focus on integrating AI technologies across a global market.
Elsewhere in the market, Lucid Group was a notable mover up 13.9% and closing at $18.41. On Sunday, the company unveiled its new all-electric SUV, Gravity, at IAA Mobility in Munich, debuting in Europe with advanced features and availability for order. At the same time, Shenzhen Megmeet Electrical trailed, down 3.5% to end trading at CN¥73.35.
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Tesla closed at $350.84 up 3.6%.
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BYD finished flat at, HK$105.60.
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NIO finished trading at $5.95 down 2.9%.
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Companies discussed in this article include NasdaqGS:LCID NasdaqGS:TSLA SEHK:1211 NYSE:XPEV NYSE:NIO and SZSE:002851.