On July 16, XPeng Group-W rose 4.09% in regular trading, trading at HK$54.95/share, with turnover of HK$128 million. The stock was driven by multiple catalysts including the MONA L03 global launch event scheduled today in Munich and the company's humanoid robot production roadmap.

The MONA L03 is XPeng's first vehicle to be simultaneously launched in China and Europe, with plans to enter sales channels across 64 countries. The company's second-generation VLA autonomous driving model has completed localization testing in Germany, achieving an assisted driving mileage ratio of 50.44%. Additionally, XPeng plans to globally launch its IRON humanoid robot next year, targeting monthly production capacity exceeding 1,000 units by year-end. Management stated that robot hardware revenue and AI model revenue will become significant drivers of group revenue and gross margin growth.

Within the Automobile Manufacturers sector, BYD Company up 1.96%, Geely Auto up 2.83%, Li Auto-W up 3.42%, Leapmotor up 2.66%, GW Motor up 0.8%.

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