Xpeng Q1 Deliveries Surge 331% YoY, Aims for Profitability in Q4
Earnings Call
05-21
Xpeng reported strong Q1 2025 results: - Delivered 94,008 vehicles, up 331% year-over-year - Revenue reached 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 - Generated over 3 billion RMB in free cash flow
The company highlighted its AI-driven strategy: - Launching new models with advanced AI capabilities across price segments - Developing proprietary AI chips, models and infrastructure - Expanding globally as a key growth driver - Aiming for profitability in Q4 2025
For Q2 2025, Xpeng expects: - Deliveries of 102,000-108,000 vehicles, up 237.7%-257.5% YoY - Revenue of 17.5-18.7 billion RMB, up 115.7%-130.5% YoY 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.