XPeng stock slips in premarket as AI research update meets China demand jitters
XPeng shares fell 2.1% to $20.34 in premarket trading Monday, reversing a 6.2% gain from Friday. The company announced its AI research with Peking University was accepted to AAAI 2026, highlighting a method to cut autonomous driving compute load. A China auto industry official warned of a sharp battery demand slowdown in early 2026 as incentives fade. Li Auto dropped 1.8% premarket; Nio rose 1.6%.