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Xpeng Inc. CEO He Xiaopeng said the company spent 4.5B yuan on AI R&D in 2025 and has built a full-stack in-house AI system covering chips, base models, and AI infrastructure. Starting 2026, physical AI agents will enter mass production, driving rapi

2026-03-20

Xpeng Inc. CEO He Xiaopeng said the company spent 4.5B yuan on AI R&D in 2025 and has built a full-stack in-house AI system covering chips, base models, and AI infrastructure. Starting 2026, physical AI agents will enter mass production, driving rapid growth. Xpeng plans to increase AI-related R&D spending to 7B yuan this year to accelerate technological progress.

Other News
2026-03-21

Iran & Middle East Conflict U.S.-Israeli war on Iran enters week four; no ceasefire in sight. Strait of Hormuz: Shipping stalled; Brent crude hits $110/bbl, +40%. Markets: Investors price in higher-for-longer oil amid infrastructure damage risks. Un

Iran & Middle East Conflict U.S.-Israeli war on Iran enters week four; no ceasefire in sight. Strait of Hormuz: Shipping stalled; Brent crude hits $110/bbl, +40%. Markets: Investors price in higher-for-longer oil amid infrastructure damage risks. United States Tuesday: S&P Global March PMI – manufacturing 51, services 51.7. Thursday: Weekly jobless claims ~210,000; Fed public outreach meeting. Friday: University of Michigan consumer sentiment ~53.8. Energy: CERAWeek 2026 starts Monday. Corporate: Anthropic court hearing Tuesday; Pinduoduo earnings on Wednesday Markets: 10-year Treasury ~4.328%, equity pressure monitored. China Monday: Huawei spring product launch. Friday: Industrial profits Jan-Feb; watch for recovery from 0.6% growth. Forums: Boao Forum (Mar 24-27), Zhongguancun Forum (Mar 25-29), China EV 100 Forum (Mar 27-29). Earnings: Tuesday: Xiaomi Q4 – revenue +7%, net profit -26%. Thursday: Meituan, BYD; Meituan revenue ~93.1B RMB. Friday: ICBC, Construction Bank, China Merchants Bank results. Other International Highlights UK: Feb CPI Wednesday ~3.0%. Japan: "Shunto" wage Monday; Feb consumer inflation Tuesday ~1.7%. Australia: Feb inflation Wednesday ~3.8%, potential rise to 5% due to Iran. Central Banks Thursday: Mexico 7%, Norway 4%, South Africa 6.75% (expected holds). Europe: Flash PMIs Tuesday – Eurozone, France, Germany. Denmark: General election Tuesday, early call amid Greenland stance.
2026-03-21

US President Trump: We don't need the Strait of Hormuz.

US President Trump: We don't need the Strait of Hormuz.
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