Understanding the Market | XPENG-W rose over 7% as the "land aircraft carrier" flight vehicle production license application was accepted

Zhitong
2025.05.12 06:25
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XPENG-W's stock price rose by more than 7%, with an increase of 7.45% as of the time of writing, priced at HKD 80.8, with a transaction volume of HKD 1.919 billion. The application for the production license of XPeng's "land aircraft carrier" flying vehicle has been accepted, marking the beginning of the review process for the mass production system of flying cars, with mass production and delivery expected in 2026. The company has enormous development potential in the fields of intelligent driving, overseas expansion, flying cars, and robotics

According to Zhitong Finance APP, XPeng-W (09868) has risen over 7%, with a current increase of 7.45%, priced at HKD 80.8, and a trading volume of HKD 1.919 billion.

In terms of news, according to the official announcement from XPeng Huitian, on May 9, the production license (PC) application for the "land aircraft carrier" flying vehicle (code name: X3-F) was officially accepted by the Civil Aviation Administration of China Central and Southern Region, marking the beginning of the review process for the mass production system of flying car products. XPeng Huitian stated that the acceptance of this production license PC review is a key step for XPeng Huitian towards mass production and delivery. XPeng Huitian will continue to actively cooperate with the authorities to carry out model qualification and production license review work, ensuring mass production and delivery in 2026. Currently, the total assembly workshop, painting workshop, connection workshop, and composite material workshop of the XPeng Huitian flying car manufacturing base have been topped out, with the completion rate of the mass production factory reaching 70%, and it is planned to be completed in the fourth quarter.

Xinda Securities pointed out that with intelligent driving + overseas expansion + flying cars + robots, the company has broad long-term development space. In terms of intelligent driving, the company introduced an end-to-end large model in May 2024, upgraded its ADAS in July to achieve nationwide coverage, and released the Eagle Eye vision solution in August, which was first equipped on the P7+ model in November. In terms of overseas expansion, by 2024, XPeng Motors has entered more than 30 countries and regions, and is expected to enter 60 countries and regions by 2025. Regarding flying cars, the company expects that the model qualification certificate (TC) for XPeng Huitian's "land aircraft carrier" flying vehicle will be obtained by the end of this year, with deliveries expected to begin next year in mainland China or other countries. In terms of robots, the XPeng humanoid robot IRON has already entered small-scale factory training, with the goal of entering the industrial mass production phase on a large scale by 2026

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