---
title: "XPeng climbs 5% on broad NEV rally and Volkswagen partnership milestone"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296440141.md"
description: "XPeng climbs 5% in Hong Kong, tracking a broad NEV rally; G9L pre-orders open, Q2 results due Aug. 24."
datetime: "2026-08-20T05:46:58.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296440141.md)
  - [en](https://longbridge.com/en/news/296440141.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296440141.md)
generator: "portal-rs"
---

# XPeng climbs 5% on broad NEV rally and Volkswagen partnership milestone

XPeng (9868.HK) climbed 5% in Hong Kong trading to **HK$48.24**, tracking a broad rally in new-energy vehicle names including NIO and Li Auto, which also gained 5% or more.

The company recently marked the **100,000th** unit off the production line for the ID. UNYX 08, the first model developed under its partnership with Volkswagen Anhui. XPeng has also opened pre-orders for the G9L at **RMB 259,800**, targeting the family-SUV segment with both battery-electric and range-extended powertrains on an 800V platform.

In overseas markets, cumulative deliveries in France surpassed **6,000** units, while July exports hit a record **9,700** vehicles, up 223% year on year. XPeng is scheduled to report second-quarter 2026 results on Aug. 24. Morgan Stanley maintains an Overweight rating with a target price of **HK$96**.

### Related Stocks

- [09868.HK](https://longbridge.com/en/quote/09868.HK.md)

## Related News & Research

- [Wall Street sees Xpeng robot financing as catalyst for value unlock](https://longbridge.com/en/news/296857704.md)
- [XPeng Stock (XPEV) – XPeng's Robotics Unit Dogotix Valued at $6.3B After Record Fund Raise](https://longbridge.com/en/news/296785720.md)
- [FAW-VW opens ID. AURA T6 pre-sales, betting on locally developed smart tech to win over Chinese buyers](https://longbridge.com/en/news/297381128.md)
- [Xpeng to launch G9L in September, Mona L05 in Q4 as it targets 60,000 monthly sales](https://longbridge.com/en/news/296825294.md)
- [XPeng’s Top Secret AI Robotics Program Outshines EV Woes](https://longbridge.com/en/news/296919951.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**