Another new sedan due this year from XPeng as He Xiaopeng talks about the company's plans going forward and boosting sales.
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Category: XPeng
Xpeng Q1 2024 earnings: Deutsche Bank’s 1st look
"XPeng delivered 1Q24 earnings upside driven by earlier-than-expected recognition of high-margin VW tech and service revenue; 2Q24 volume outlook also came in better than feared," Deutsche Bank said.
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Xpeng Q1 2024 earnings call: Live updates
Xpeng's gross margin rose to 12.9 percent in the first quarter, marking a new model for the company, which is generating revenue from technology on top of its EV business, its CEO said.
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Xpeng Q1 revenue falls on delivery slump, gross margin rebounds to over 1-year high
Xpeng delivered 21,821 vehicles in the first quarter, up 19.7 percent year-on-year but down 63.73 percent from the fourth quarter of 2023.
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China EV insurance registrations for week ending May 19: Nio 4,400, Tesla 13,900, BYD 53,600, Xiaomi 2,000
Between May 1-19, Nio had 10,000 insurance registrations, Tesla 30,800, BYD 154,900, Xiaomi 4,000, Li Auto 18,600, and Xpeng 4,800 units.
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Xpeng aims for L4-like smart driving experience in China by 2025, 1st Mona model to debut in Jun
Xpeng will spend RMB 3.5 billion ($480 million) in 2024 on R&D of AI technology around smart driving and recruit 4,000 new professionals.
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Nio, Xpeng taking longer to pay supplier bills, report says
At the end of 2023, Nio was taking about 295 days to clear receipts payable, and Xpeng 221 days, compared with 197 days and 179 days, respectively, in 2021, according to Bloomberg.
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Xpeng sees more collaboration with other carmakers as long-term trend
Xpeng will offer its autonomous driving and EV technology to other automakers, allowing the company to generate a new stream of revenue, its vice president Brian Gu said in an interview with the South China Morning Post.
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Xpeng G6, X9 debut in HK, local deliveries to begin in Q3
The Xpeng G6 debuts in Hong Kong at a starting price of HK$299,900 ($38,440), with the first deliveries of the right-hand drive version expected in the third quarter.
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XPeng’s Mona first car spied ahead of next month launch
XPeng's Mona brand first car F59 is spied with best pictures yet ahead of next month's launch. Car expected to sell to ride hailing firms.
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