Xpeng reported strong Q1 2025 results:
- Deliveries reached 94,008 units, up 331% year-over-year
- Revenue was 15.81 billion RMB, up 141.5% year-over-year
- Gross margin improved to 15.6%, a record high
- Vehicle margin rose to 10.5%
- Net loss narrowed significantly
- Free cash flow exceeded 3 billion RMB

Key highlights:
- Mona M03 has delivered over 100,000 units in 8 months
- New G6 and G9 models delivered over 7,500 units in April
- Monthly deliveries have exceeded 30,000 for 6 consecutive months
- Overseas deliveries grew 370% year-over-year in Q1
- Turing AI chip development progressing well, to be deployed in Q3
- Expects to achieve profitability in Q4 2025

Outlook:
- Q2 delivery guidance: 102,000-108,000 units, up 237.7%-257.5% YoY
- Q2 revenue guidance: 17.5-18.7 billion RMB, up 115.7%-130.5% YoY
- Expects sales to more than double in 2025
- Aims to launch industry-leading humanoid robots for commercial use in 2026
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.