Record Quarterly Deliveries
XPeng's Q1 2025 deliveries totaled 94,008 units, marking a 331% year-over-year increase and establishing a new historical record for quarterly deliveries.
Improved Gross Margin
The company achieved a record high overall gross margin of 15.6% in Q1 2025, with vehicle margin improving for seven consecutive quarters.
Successful Model Launches
The Mona M03 surpassed 100,000 deliveries, and the P7+ reached its 50,000th unit production just five months after launch. The G6 and G9 models delivered over 7,500 units in April.
Strong Overseas Growth
Overseas deliveries in Q1 2025 increased by more than 31,700 units year-over-year, with over 40 new stores opened abroad.
AI and Technology Advancements
Significant progress in AI capabilities, including Turing AI-assisted driving and the development of the Turing chip with three to seven times the effective compute power of mainstream automotive chips.
Positive Financial Outlook
Revenue is expected to grow 115.7% to 130.5% year-over-year in Q2, with anticipated profitability in Q4 2025.