Fly On Wall Street

China’s Xpeng expects to start delivering ‘flying’ cars in 2027

Chinese electric vehicle maker Xpeng (XPEV) expects to start large-scale production of its “flying” cars next ‌year and of its humanoid robots in the fourth quarter of 2026, ‌President Brian Gu told Reuters on Thursday.

Gu also said there is “tremendous potential” to increase cooperation with German ​automaker Volkswagen, which last month began mass production of its first EV model, developed jointly with Xpeng.

“There are a lot of areas that we can partner and really provide value to each other,” Gu said, adding that Xpeng was also open to partnerships ‌with other automakers.

“We need to ⁠be nimble and willing to partner with different players in different regions.”

Xpeng has received more than 7,000 orders for its flying ⁠cars, the majority of which are in China, where the company is working on obtaining approval from the country’s aviation authorities.

Speaking to Reuters ahead of the Beijing Auto Show, ​Gu said ​the company would start robotaxi tests in ​the southern Chinese city of Guangzhou ‌this year and that 2027 will be a “critical year” for “tests around the world with partners.”

He said the company will likely produce hundreds to thousands of robotaxis over the next 12 to 18 months.

Gu said its humanoid robots will initially be used as receptionists or in sales to interact with customers. He said that within the ‌next 10 to 20 years, Xpeng’s robot business ​should be larger than its automotive division as “there ​will be more use cases ​for humanoid robots in our lives.”

Like many other Chinese automakers, Xpeng ‌has expanded overseas and currently operates ​in about 60 countries ​outside China.

Gu said that last year, Xpeng generated about 10% of its sales volume and around 15% of its revenue from overseas sales.

He added that ​in the next five to ‌10 years, “more than 50% of the revenue should come from outside ​of China.”

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