Xpeng shares sink as weak delivery forecast overshadows $6.3 billion robot unit valuation

Xpeng's shares fell after the company issued a delivery forecast that was lower than analysts' expectations. The announcement came while the company's robotics division received a valuation close to the value of its electric‑vehicle segment. The robotics unit was valued at approximately $6.3 billion. The delivery guidance indicated a decline in vehicle output for the upcoming quarter. Investors reacted by selling shares, causing a decline in Xpeng's market price. The robotics valuation was announced by the company in a separate filing. The share price dropped by about 5% in early trading. The company also noted supply chain constraints in the near term.

Source: Xpeng shares sink as weak delivery forecast overshadows $6.3 billion robot unit valuation