Shares of Chinese electric vehicle maker Xpeng fell more than 9% in Hong Kong on Tuesday after the company issued weaker-than-expected forecast for third-quarter deliveries, despite its robotics business unit securing a valuation of over $6.3 billion in a funding round.
Xpeng's U.S.-listed shares closed 8.5% lower on Monday.
The company reported a second-quarter net loss of 1.34 billion yuan (200 million), wider than a year earlier, while revenue rose 8% to 19.74 billion yuan.
It forecast deliveries of between 115,000 and 121,000 vehicles in the third quarter. Citi said the delivery guidance fell short of investor expectations, largely due to supply chain constraints.
Separately, Xpeng's robotics business raised more than $900 million in its first funding round, giving the unit a post-transaction valuation of more than $6.3 billion.
Brian Gu, Xpeng vice chairman and co-president, said the company's ambition is to usher in "a new phase of global mass production and commercial deployment for advanced humanoid robots."
