Xpeng Revises 2025 Hiring Plans to 8,000 to Boost AI, Smart EVs
Xpeng Revises 2025 Hiring Plans to 8,000 to Boost AI, Smart EVs

Xpeng Revises 2025 Hiring Plans to 8,000 to Boost AI, Smart EVs

News summary

Chinese electric vehicle maker Xpeng has increased its hiring target for 2025 from 6,000 to 8,000 employees, aiming to grow its total workforce to nearly 30,000 by the end of the year. This expansion focuses heavily on smart driving and artificial intelligence, including the development of large AI models and autonomous driving systems up to Level 4 capabilities. Xpeng is also investing in related technologies such as humanoid robots integrated into its operations, with plans for mass production next year. The company continues its global expansion, recently launching its G6 and G9 Ultra Smart SUVs in Europe and collaborating with automakers like Volkswagen on autonomous driving chips. Financially, Xpeng reported strong growth with a 141.5% year-over-year revenue increase in Q1 2025 and anticipates continued growth in vehicle deliveries and revenue. Analysts hold an 'Outperform' rating on the stock, projecting significant upside based on its innovation and market momentum.

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