Xpeng Q1 Deliveries Surge 331% YoY, Aims for Profitability in Q4

Earnings Call
2025/05/21

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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