Summary: In its second quarter 2026 results, XPeng describes itself as a global Physical AI company. I went to the Guangzhou campus to see how that thesis shows up in the rooms, at full scale.
On paper, XPeng already describes itself as a global Physical AI company. That wording, in the second quarter 2026 results, is what I wanted to check at the Guangzhou campus.
The company places its headquarters in Guangzhou and its listing on the NYSE and the Hong Kong Stock Exchange. In the same release, it describes a portfolio of intelligent electric vehicles, a robotaxi and humanoid robots, and its own stack of Turing chips, models and software. That is what the company writes about itself. On campus, the same thesis occupies the space at full scale.
There is a figure anyone can check in that same official results release. In the second quarter of 2026, XPeng's revenue was RMB 19.74 billion, with a quarterly gross margin of 20.7%, according to the company. In the same quarter, overseas deliveries rose above 20,000 units, up 81% year on year. The company also says the overseas business accounted for more than 25% of revenue in the first half, with an average price above 40,000 euros. I record those figures as what it published, not as a tally I rebuilt myself.
I went to Tianhe to see, in the same building, how the car lineup sits alongside the robots and the flying craft the company places next to its main business. The results release helps sort out what the company is reporting, what it is projecting and what is still a plan.
Inside, the cars were already in the showroom at full scale. In the next hall, IRON appeared as a prototype, with a launch plan the company places in 2027. Further on, a white hall carried the name ARIDGE on the bodies and on the stand. On the street, in front of the glass facade, a WeRide van went by. Each of those rooms deserves its own slice. In this piece, what interests me is the thesis XPeng uses to hold those fronts together.
I was in the Tianhe district with the Endeavor China Innovation Tour. The campus street is called 智行路. The company logo is on the glass facade. What the company calls Physical AI was already occupying the space when we walked in: metal, screens and product on the floor.
The thesis, in the release, is broad. It covers more than a car. The company presents vehicles, a robotaxi and humanoids as parts of the same portfolio, and attributes to itself its own stack of chips, models and software. On campus, that is no longer just an institutional paragraph. It becomes a sequence of rooms. I see a company that wants to be looked at through that set, and that already shows the set at full scale.
What I will watch from here is what each front becomes as a product. The cars were already in the room. IRON, as the company describes it, remains on the 2027 horizon. The production robotaxi with VLA 2.0 appears in the release, with more than 2,000 internal test orders in Guangzhou. The van I photographed on the street was from WeRide, a different front. ARIDGE enters through what was written in the hall, not through a plan I saw spelled out in the release.
I keep the company's wording, attributed to it, and what the campus shows of that wording. The Physical AI thesis is only the starting point of this visit. What I saw in the cars, in IRON, in the ARIDGE hall and on the street is in the compiled piece: https://meirinho.com.br/en/blog/xpeng-por-dentro-physical-ai-guangzhou/