Chinese automaker Xpeng aims to rebrand as a “physical AI” company, not just a carmaker. It plans to launch robotaxis and produce humanoid robots this year. Founder He Xiaopeng highlighted the importance of integrated AI capabilities and the company’s in-house “Turing” AI chip for a competitive edge in a crowded market.

Xpeng’s strategic shift coincides with China’s auto market price war, impacting profits. The company unveiled new software features in four revamped car models, including advanced hazard alerts and improvements in autonomous driving systems. It is investing in developing autonomous driving technology and humanoid robots, with mass production expected in the second half of 2026.

In response to increasing competition and market challenges, Xpeng is expanding beyond traditional car manufacturing to focus on AI technology and robotics. The company’s emphasis on integrated AI capabilities and innovative software features reflects a broader trend in the global automotive industry towards AI-driven solutions. Xpeng’s plans to mass produce humanoid robots and launch robotaxis demonstrate its commitment to technological advancements.

Read more at Yahoo Finance: Chinese automaker Xpeng touts AI pivot in face of fierce competition