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.
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