Xpeng Q1 Deliveries Surge 331% YoY, Aims for AI Leadership with Self-Developed Chip and Models

Earnings Call

21 May

1. Q1 2025 Performance:
- Delivered 94,008 vehicles, up 331% year-over-year
- Record high gross margin of 15.6%
- Free cash flow exceeded 3 billion RMB
- Top sales among emerging EV brands in China and globally

2. Product Updates:
- M03 surpassed 100,000 deliveries in 8 months
- P7+ achieved 50,000 units produced in 5 months
- 2025 G6 and G9 models delivered over 7,500 units in April debut
- Monthly deliveries exceeded 30,000 units for 6 consecutive months

3. AI and Technology:
- Integrating AI across chassis, assisted driving, smart cabins, chips, and robots
- Expects breakthrough progress in assisted driving by 2026
- Developing large-scale cloud-based foundation model with 72 billion parameters
- Self-developed Turing chip offers 3-7x AI computing power vs industry standard

4. Global Expansion:
- Overseas sales grew over 370% YoY in Q1
- Opened 40+ new overseas stores
- Entered key markets like UK and Indonesia

5. Future Outlook:
- Launching M03 MAX on May 28, bringing AI-assisted driving to 150,000 RMB price range
- Introducing G7 SUV in June and new P7 luxury sports coupe in Q3
- Kunpeng super electric models entering production in Q4
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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1154014113"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1154014113\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/1154014113?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-21 20:33","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1154014113","market":"hk","top_or_hot":-1,"title":"Xpeng Q1 Deliveries Surge 331% YoY, Aims for AI Leadership with Self-Developed Chip and Models","media":"Earnings Call","content":"<br>1. Q1 2025 Performance:<br>   - Delivered 94,008 vehicles, up 331% year-over-year<br>   - Record high gross margin of 15.6%<br>   - Free cash flow exceeded 3 billion RMB<br>   - Top sales among emerging EV brands in China and globally<br><br>2. Product Updates:<br>   - M03 surpassed 100,000 deliveries in 8 months<br>   - P7+ achieved 50,000 units produced in 5 months<br>   - 2025 G6 and G9 models delivered over 7,500 units in April debut<br>   - Monthly deliveries exceeded 30,000 units for 6 consecutive months<br><br>3. AI and Technology:<br>   - Integrating AI across chassis, assisted driving, smart cabins, chips, and robots<br>   - Expects breakthrough progress in assisted driving by 2026<br>   - Developing large-scale cloud-based foundation model with 72 billion parameters<br>   - Self-developed Turing chip offers 3-7x AI computing power vs industry standard<br><br>4. 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It does not constitute investment advice or commitments.","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Xpeng Q1 Deliveries Surge 331% YoY, Aims for AI Leadership with Self-Developed Chip and Models</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXpeng Q1 Deliveries Surge 331% YoY, Aims for AI Leadership with Self-Developed Chip and Models\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1002722034\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/decf3d8a922fc5c1c1d787bf8b36173f);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Earnings Call </p>\n<p class=\"h-time\">2025-05-21 20:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<br>1. Q1 2025 Performance:<br>   - Delivered 94,008 vehicles, up 331% year-over-year<br>   - Record high gross margin of 15.6%<br>   - Free cash flow exceeded 3 billion RMB<br>   - Top sales among emerging EV brands in China and globally<br><br>2. Product Updates:<br>   - M03 surpassed 100,000 deliveries in 8 months<br>   - P7+ achieved 50,000 units produced in 5 months<br>   - 2025 G6 and G9 models delivered over 7,500 units in April debut<br>   - Monthly deliveries exceeded 30,000 units for 6 consecutive months<br><br>3. AI and Technology:<br>   - Integrating AI across chassis, assisted driving, smart cabins, chips, and robots<br>   - Expects breakthrough progress in assisted driving by 2026<br>   - Developing large-scale cloud-based foundation model with 72 billion parameters<br>   - Self-developed Turing chip offers 3-7x AI computing power vs industry standard<br><br>4. 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It does not constitute investment advice or commitments.\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09868","symbol_name":"小鹏汽车-W","start_time":0,"source_url":"","article_id":"1154014113","we_media_id":"1002722034","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1154014113","pubTimestamp":1747830788,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Earnings Call","introduction":"real-time reporting","home_visible":1,"id":"1002722034","head_image":"https://community-static.tradeup.com/news/decf3d8a922fc5c1c1d787bf8b36173f"},"summary":"1. Q1 2025 Performance:   - Delivered 94,008 vehicles, up 331% year-over-year   - Record high gross margin of 15.6%   - Free cash flow exceeded 3 billion RMB   - Top sales among emerging EV brands in ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"09868":"小鹏汽车-W","XPEV":"小鹏汽车"},"translate_title":"小鹏汽车Q1交付量同比激增331%，凭借自研芯片和模型实现人工智能领先","themeId":"b0aada17e0cd4a21777dec8894a086d6","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09868":1,"XPEV":1},"content_text":"1. Q1 2025 Performance:   - Delivered 94,008 vehicles, up 331% year-over-year   - Record high gross margin of 15.6%   - Free cash flow exceeded 3 billion RMB   - Top sales among emerging EV brands in China and globally2. Product Updates:   - M03 surpassed 100,000 deliveries in 8 months   - P7+ achieved 50,000 units produced in 5 months   - 2025 G6 and G9 models delivered over 7,500 units in April debut   - Monthly deliveries exceeded 30,000 units for 6 consecutive months3. AI and Technology:   - Integrating AI across chassis, assisted driving, smart cabins, chips, and robots   - Expects breakthrough progress in assisted driving by 2026   - Developing large-scale cloud-based foundation model with 72 billion parameters   - Self-developed Turing chip offers 3-7x AI computing power vs industry standard4. Global Expansion:   - Overseas sales grew over 370% YoY in Q1   - Opened 40+ new overseas stores   - Entered key markets like UK and Indonesia5. Future Outlook:   - Launching M03 MAX on May 28, bringing AI-assisted driving to 150,000 RMB price range   - Introducing G7 SUV in June and new P7 luxury sports coupe in Q3   - Kunpeng super electric models entering production in Q4Disclaimer: 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.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":true,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"earningsCall","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}