Goldman Sachs says XPeng’s next growth phase has broadened from pure vehicle
sales into four parallel engines: new-model volume, overseas expansion,
autonomous-driving commercialization and humanoid robots. Goldman identifies Q4
2026 as a key execution node, citing company targets including monthly
deliveries of 60,000, deliveries overseas of 40,000 and opening its L4 robotaxi
program to the public. Goldman maintains a Buy rating with 12-month PTs of $18
(US ADR) and HK$69 (HK listing). (Goldman Sachs report, Sept. 1)