XPeng Inc. (XPEV) posted a net loss attributable to ordinary shareholders of XPENG of RMB 0.66 billion for the first quarter, compared with a loss of RMB 1.37 billion for the same period of 2024. Net loss per ADS were both RMB 0.70 compared to a loss of RMB 1.45. Non-GAAP net loss attributable to ordinary shareholders of XPENG was RMB 0.43 billion, compared with a loss of RMB 1.41 billion. Non-GAAP net loss per ADS was RMB 0.45 compared to a loss of RMB 1.49.
Total revenues were RMB 15.81 billion, an increase of 141.5% from the same period of 2024. Revenues from vehicle sales were RMB 14.37 billion, an increase of 159.2%. Total deliveries of vehicles were 94,008 for the first quarter, an increase of 330.8% from 21,821 in the corresponding period of 2024.
For the second quarter of 2025, the company expects: deliveries of vehicles to be between 102,000 and 108,000, representing a year-over-year increase of approximately237.7% to 257.5%; and total revenues to be between RMB 17.5 billion and RMB 18.7 billion, representing a year-over-year increase of approximately 115.7% to 130.5%.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.