Sees Q3 deliveries 125,000-132,000. “With effective cost control and technology-related revenue streams unlocking greater potential, our gross margin exceeded 20% for the first time in the third quarter,” added Hongdi Brian Gu, vice chairman and co-president of Xpeng (XPEV). “Continuous operational improvement deepens our commitment to Physical AI R&D. Meanwhile, we look forward to collaborating with more global business and technology partners to expand the ecosystem for physical AI applications, fostering a virtuous cycle between technological innovation and commercialization.”
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