Model Pipeline And RecommendationsXPeng maintains a strong model pipeline for the second half of 2025 and 2026, reinforcing the Buy recommendation.
Overseas Sales ExpansionXPeng targets a 100% year-over-year increase in overseas sales to 40k units in 2025, expanding to 46 countries and regions.
Vehicle MarginXPeng's vehicle margin increased to 14.3%, driven by a better product mix, including new models like the G6, G9, and X9.