Xpeng Q1 Deliveries Surge 331% YoY, Aims for Profitability in Q4
Earnings Call
21 May
Xpeng reported strong Q1 2025 results: - Vehicle deliveries up 331% YoY to 94,008 units - Revenue up 141.5% YoY to RMB 15.81 billion - Gross margin improved to 15.6% - Vehicle margin rose to 10.5%
Key highlights: - Targeting over 100,000 deliveries in Q2 2025 - Launching 5 upgraded models in Q2 - New G7 SUV launching in June - Turing AI chip entering mass production in Q3 - Aiming for profitability in Q4 2025 - Expanding rapidly in overseas markets - Investing heavily in AI and autonomous driving technology Disclaimer: This earnings call summary is generated by AI and is for informational purposes only. Due to technical limitations, inaccuracies may exist. It does not constitute investment advice or commitments.
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