Nick Lai's questions to Xpeng Inc (XPEV) leadership • Q4 2024
Question
Nick Lai asked for the long-term vision for XPeng's product mix by 2030 across its three pillars: AI cars, flying cars, and humanoid robots. He also inquired about potential new opportunities with Volkswagen in Europe, given recent policies encouraging foreign investment in AI and autonomous driving.
Answer
Co-Founder, Chairman and CEO He Xiaopeng stated that while a 2030 mix is hard to predict, the company aims for 50% of sales to be from overseas markets by 2034. He compared the current state of humanoid robots to the EV industry in 2010. An XPeng executive added that the current Volkswagen collaboration is focused on the G9 platform and EEA, but there is industrial logic for potential collaboration in overseas markets.