Collaboration With VolkswagenExpansion into overseas markets and an extended collaboration with Volkswagen represent key new avenues for the company’s mid-term growth.
Product MarginsThe ongoing ramp up of its super electric platform, Kunpeng, along with new models and technology, is anticipated to elevate product margins to the high-teens level, positioning the company for profitability in 4Q.
Profitability TargetXPeng reported a strong set of 2Q results, highlighted by a sharp 68% y/y decline in non-GAAP loss to RMB0.39bn, indicating significant progression towards its 4Q profitability target.