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XPENG-W: Robot TAM Reaches US$20%; Hardware/ Software Standards Must Meet or Exceed 'Automotive-Grade' Standards
2025-11-07 10:10:35 He Xiaopeng, Chairman of XPENG-W (09868.HK), said that the global auto market is valued at US$10 trillion, with annual output reaching 90 million vehicles, according to Chinese media. The total addressable market (TAM) for robots was US$20 trillion, though this may take 10-20 years to materialize. By that time, there could be 200 million humanoid robots, or potentially even more. However, from a short-term perspective, mass production of robots still faces numerous hurdles. Should robots overcome their technological and product inflection points, they stand to experience exceptionally rapid growth. It remains uncertain when it might see a turning point akin to the iPhone 4's pivotal role for Apple (AAPL.US). Moreover, he disclosed that XPENG-W is preparing to invest in an automated factory to ensure robotic craftsmanship and high quality. It took the Company 5-6 years to realize that, from a mass production perspective, robots simply cannot achieve reliable stability if they adhere to ‘consumer-grade’ standards. The mass production of robots and their hardware/software specifications must be largely in line with ‘automotive-grade’ standards, with some even needing to ‘exceed automotive-grade’ requirements, to ultimately produce high-quality robots. XPENG-W opened 4.81% higher today (7th), and once advanced 5.6% to a high of $94.45 in the morning session. It last printed at $93.55, elevating 4.64%, with a trading volume of 18.9832 million shares, involving $1.77 billion. ~ AAStocks Financial News Website: www.aastocks.com | |