XPEV

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.03%, and the actively tr

GUANGZHOU, China, July 1, 2026 /PRNewswire/ -- XPeng Inc. ("XPENG" or the "Company," NYSE: XPEV and HKEX: 9868), a leading global AI mobility technology company, today announced its vehicle delivery results for June and the second quarter of 2026. XPENG delivered 40,126 vehicles in June 2026, bringing total second-quarter deliveries to 103,295 units. Additionally, deliveries of GX reached 6,739 units in June and the model's 10,000th unit rolled off the production line today. The Company expects to debut the XPENG MONA L03 in China on July 2, 2026, with presale to commence the same day, followed by a global market launch in July. XPENG's electric vehicles delivered from January to June 2026 are expected to reduce life-cycle greenhouse gas emissions by more than 2.66 million tons compared to internal combustion engine vehicles — equivalent to the carbon absorption of 43.92 million young trees over 10 years. About XPENG XPENG is a leading Chinese Smart EV and NEV company that designs, develops, manufactures, and markets Smart EVs and NEVs that appeal to the large and growing base of technology-savvy middle-class consumers. Its mission is to become a smart technology company trusted and loved by users worldwide. In order to optimize its customers' mobility experience, XPENG develops in-house its full-stack advanced driver-assistance system technology and in-car intelligent operating system, as well as core vehicle systems including powertrain and the electrical/electronic architecture. XPENG is headquartered in Guangzhou, China, with main offices in Beijing, Shanghai, Shenzhen, Silicon Valley, Amsterdam, and Munich. The Company's Smart EVs and NEVs are mainly manufactured at its plants in Zhaoqing and Guangzhou, Guangdong province. For more information, please visit https://www.xpeng.com/. Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Statements that are not historical facts, including statements about XPENG's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and...

This article first appeared on GuruFocus. Release Date: May 28, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. XPeng Inc (NYSE:XPEV) has successfully transitioned from a smart EV company to a physical AI company, focusing on AI-driven growth. The company delivered 62,682 vehicles in Q1 2026, with expectations of significant delivery growth in the coming quarters. XPeng Inc (NYSE:XPEV) launched the GX, China's first pre-installed mass-produced robotaxi model, with strong initial demand. International expansion is accelerating, with overseas deliveries expected to exceed 20% of total revenue starting Q2 2026. The Mona M03 remains China's top-selling A-Class pure electric sedan for 19 consecutive months, showcasing strong market presence. Total revenues for Q1 2026 decreased by 17.6% year-over-year and 41.4% quarter-over-quarter, indicating financial challenges. Vehicle sales revenue decreased by 23.5% year-over-year and 42.3% quarter-over-quarter due to lower vehicle deliveries. Net loss for Q1 2026 was $1.78 billion, compared to a net loss of $0.66 billion year-over-year, highlighting financial strain. Higher unit vehicle costs due to increased memory chip and battery-related costs impacted gross margins negatively. The company faces challenges in scaling up production capacity and maintaining supply chain efficiency for new models. Warning! GuruFocus has detected 2 Warning Signs with XPEV. Is XPEV fairly valued? Test your thesis with our free DCF calculator. Q: My first question is about GX because we noticed the new model has been selling very well since its launch on May 20th. Can you share the current order book, your steady state sales volume target, and how we should think about the vehicle gross margin? A: The performance of GX sales is above our expectations. The lead time for the flagship version has surpassed 30 weeks, and the initial orders for the flagship model account for over 80% of total orders. We are working closely with supply chain partners to ramp up production capacity. The GX's gross profit margin is quite good, with most SKUs performing above expectations. Q: My second question is about Robotaxi. Could you please update us on your domestic operations and the overseas expansion plans? Has the Western regulatory tightening in China had any adverse impact on the progress? A: The r...

XPeng Inc. (NYSE:XPEV) is one of the best long term stocks to buy under $20. XPeng Inc. (NYSE:XPEV) announced its vehicle delivery results for May 2026 on June 1. The company delivered a total of 32,158 vehicles in May, reflecting a 4% increase from the prior month. Management stated that the company’s electric vehicles delivered between January and May 2026 are anticipated to reduce life-cycle greenhouse gas emissions by over 2 million tons compared to internal combustion engine vehicles. This translates to the carbon absorption of 33.16 million young trees over 10 years. In a separate development, XPeng Inc. (NYSE:XPEV) received a rating update from BofA on May 28. The firm lifted the price target on the stock to $25 from $24, maintaining a Buy rating on the shares and stating that the company’s fiscal Q1 results showed rapidly growing overseas sales, which accounted for 20% of revenue in the quarter. It further told investors in a research note that management is targeting more than 10,000 monthly overseas unit sales by fiscal Q4 and over 100% annual growth. XPeng Inc. (NYSE:XPEV) is involved in the design, manufacturing, development, and marketing of smart electric vehicles. The company’s offerings are environmentally friendly vehicles, namely an SUV (the G3) and a four-door sports sedan (the P7). It also offers a range of client services, including supercharging service, maintenance service, ride-hailing service, and vehicle leasing service. While we acknowledge the potential of XPEV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow. Disclosure: None. Follow Insider Monkey on Google News.

GUANGZHOU, China, June 1, 2026 /PRNewswire/ -- XPeng Inc. ("XPENG" or the "Company," NYSE: XPEV and HKEX: 9868), a leading global AI mobility technology company, today announced its vehicle delivery results for May 2026. XPENG delivered a total of 32,158 vehicles in May, representing a 4% increase from the prior month. XPENG's electric vehicles delivered from January to May 2026 are expected to reduce life-cycle greenhouse gas emissions by more than 2 million tons compared to internal combustion engine vehicles — equivalent to the carbon absorption of 33.16 million young trees over 10 years. About XPENG XPENG is a leading Chinese Smart EV and NEV company that designs, develops, manufactures, and markets Smart EVs and NEVs that appeal to the large and growing base of technology-savvy middle-class consumers. Its mission is to become a smart technology company trusted and loved by users worldwide. In order to optimize its customers' mobility experience, XPENG develops in-house its full-stack advanced driver-assistance system technology and in-car intelligent operating system, as well as core vehicle systems including powertrain and the electrical/electronic architecture. XPENG is headquartered in Guangzhou, China, with main offices in Beijing, Shanghai, Shenzhen, Silicon Valley and San Diego. The Company's Smart EVs and NEVs are mainly manufactured at its plants in Zhaoqing and Guangzhou, Guangdong province. For more information, please visit https://www.xpeng.com/. Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Statements that are not historical facts, including statements about XPENG's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: XPENG's goal and strategies; XPENG's expansion plans; XPENG's future business development, financial condition and results of operations; the tren...

Li Auto reports a first-quarter per share loss of 15 cents while Wall Street was looking for a loss of 13 cents. XPeng reports a loss of 13 cents; Wall Street expected a loss of 10 cents.

Cash position[i] was RMB42.09 billion (US$6.10 billion) as of March 31, 2026 Quarterly total revenues were RMB13.03 billion, a 17.6% decrease year-over-year Quarterly gross margin was 20.6%, an increase of 5.0 percentage points over the same period of 2025 Quarterly vehicle margin was 12.1%, an increase of 1.6 percentage points over the same period of 2025 GUANGZHOU, China, May 28, 2026 /PRNewswire/ -- XPeng Inc. ("XPENG" or the "Company," NYSE: XPEV and HKEX: 9868), a leading global AI mobility technology company, today announced its unaudited financial results for the three months ended March 31, 2026. Operational and Financial Highlights for the Three Months Ended March 31, 2026 Total deliveries of vehicles were 62,682 for the first quarter of 2026, representing a decrease of 33.3% from 94,008 in the corresponding period of 2025. XPENG's physical sales network had a total of 733 stores, covering 256 cities as of March 31, 2026. XPENG self-operated charging station network reached 3,455 stations, including 2,398 XPENG ultra-fast charging stations as of March 31, 2026. Total revenues were RMB13.03 billion (US$1.89 billion) for the first quarter of 2026, representing a decrease of 17.6% from the same period of 2025, and a decrease of 41.4% from the fourth quarter of 2025. Revenues from vehicle sales were RMB11.00 billion (US$1.59 billion) for the first quarter of 2026, representing a decrease of 23.5% from the same period of 2025, and a decrease of 42.3% from the fourth quarter of 2025. Gross margin was 20.6% for the first quarter of 2026, compared with 15.6% for the same period of 2025 and 21.3% for the fourth quarter of 2025. Vehicle margin, which is gross profit of vehicle sales as a percentage of vehicle sales revenue, was 12.1% for the first quarter of 2026, compared with 10.5% for the same period of 2025 and 13.0% for the fourth quarter of 2025. Net loss was RMB1.78 billion (US$0.26 billion) for the first quarter of 2026, compared with a loss of RMB0.66 billion for the same period of 2025 and a profit of RMB0.38 billion for the fourth quarter of 2025. Excluding share-based compensation expenses and fair value loss (gain) on derivative liability relating to the contingent consideration, non-GAAP net loss was RMB1.69 billion (US$0.24 billion) for the first quarter of 2026, compared with a loss of RMB0.43 billion for the same period of 2025 and a profit o...

Interested in XPENG Inc. Sponsored ADR? Here are five stocks we like better. XPeng expects a strong Q2 rebound, guiding for deliveries of 100,000 to 106,000 vehicles and revenue of RMB 19.6 billion to RMB 20.8 billion after a weak first quarter. First-quarter revenue fell 17.6% year over year, and the company posted a net loss of RMB 1.78 billion. The company is broadening beyond EVs into “physical AI”, with CEO He Xiaopeng saying XPeng is transforming from a smart EV maker into a physical AI company. Management highlighted plans for Robotaxis and humanoid robots, including pilot Robotaxi operations in Guangzhou and mass production of the IRON humanoid robot by year-end. International expansion and new models are becoming key growth drivers, with overseas deliveries topping 6,000 units in April and international revenue expected to exceed 20% of total revenue starting in Q2. XPeng also highlighted the GX SUV launch and said its new models and localized production in Europe and Southeast Asia should support higher margins and volume growth. Smart Money Is Buying Auto Suppliers, Not Car Brands XPENG (NYSE:XPEV) said it expects a sharp rebound in second-quarter deliveries after a weaker first quarter, while management outlined a broader push to position the company around “physical AI” applications including advanced driver assistance, Robotaxis and humanoid robots. Co-founder, Chairman and CEO He Xiaopeng said on the company’s first-quarter 2026 earnings call that XPeng formally changed its official Chinese name from XPeng Motors to XPeng Group, reflecting what he described as a transformation “from a smart EV company to a physical AI company.” He said the company’s smart EV business is expected to remain the foundation for growth, profitability and cash flow, while new AI-driven businesses could become additional revenue sources. → Rocket Lab Keeps Making Headlines and Highs—Here's What's Driving the Latest Move Act Fast: These 3 Undervalued Stocks Won’t Stay Low for Long “Physical AI applications represent one of the most significant global strategic opportunities of the next decade,” He said through a translator. He said he plans to lead efforts this year to bring Robotaxis and humanoid robots into mass production while building the commercial ecosystems around them. XPeng delivered 62,682 vehicles in the first quarter. James Wu, vice president of finance a...

May 28 (Reuters) - Electric vehicle maker Xpeng on Thursday forecast second-quarter revenue below market expectations, underscoring a prolonged slowdown in demand ‌and stiff competition in the Chinese EV market. Domestic car sales in ‌China fell for a seventh straight month in April, with industry estimates showing that EV ​and plug-in hybrid sales growth were likely to slow in 2026 after years of rapid expansion. Still, Chinese EV makers are betting on advanced driver-assistance systems, feature-rich vehicles and broader model lineups to help navigate the downturn. Here are more ‌details on Xpeng's first-quarter ⁠results: • Xpeng projected total revenue to be between 19.60 billion yuan ($2.89 billion) and 20.80 billion yuan in the second ⁠quarter, representing a year-over-year rise of 7.3% to 13.8%. • The forecast is below analysts' average estimate of 21.71 billion yuan, per data compiled by LSEG. • Revenue ​for the ​first quarter ended March stood at ​13.03 billion yuan, above estimates ‌of 12.93 billion yuan. • Total vehicle deliveries for the first quarter were 62,682 units, down 33.3% from 94,008 in the same period last year. For the June quarter, Xpeng projected deliveries to be between 100,000 and 106,000 units. • "Kickstarted by the successful launch of the GX, Xpeng will deliver four ‌new models this year, positioning us for ​a robust sales growth trajectory," CEO Xiaopeng He ​said. • The company's U.S.-listed shares, ​which have slid nearly 19% so far this year ‌up to last close, were up ​marginally in early ​trading. • Xpeng said first-quarter net loss attributable to ordinary shareholders stood at 1.78 billion yuan, widening from a loss of 664 million yuan ​in the year-ago period ‌and compared with a profit of 383.2 million yuan reported ​in the previous quarter. ($1 = 6.7796 Chinese yuan renminbi) (Reporting by Deborah Sophia ​in Bengaluru; Editing by Diti Pujara)

XPeng reported an improvement in its gross and vehicle margins in Q1, while Li Auto reported a decline during the same period. XPeng’s gross margin rose to 20.6% in the first quarter from 15.6% a year earlier, while vehicle margin improved to 12.1% from 10.5% over the same period. Li Auto’s gross margin fell to 7.9% in the first quarter from 20.5% a year earlier, while vehicle margin dropped to 6.1% from 19.8% over the same period. XPeng Inc.’s (XPEV) American Depository Receipts rose in Thursday’s pre-market trade while its competitor, Li Auto Inc.’s (LI) shares fell after the two Chinese automakers reported their first-quarter (Q1) results before the opening bell. Both XPeng and Li Auto reported a double-digit year-on-year decline in revenue, while still exceeding Wall Street expectations. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox XPeng reported a wider quarterly loss in Q1, while Li Auto swung to a loss after reporting a profit during the same period a year ago. XPeng ADRs were up more than 3% in Thursday’s pre-market trade, while Li Auto’s shares were down over 3%. Despite reporting a loss and revenue decline in Q1, XPEV and LI are moving in the opposite direction in Thursday’s pre-market session. One of the reasons behind this is the gross and vehicle margins reported by the two automakers. While XPeng reported an improvement in its gross margins as well as vehicle margins in Q1, Li Auto reported a decline during this period. XPeng’s gross margins rose to 20.6% in Q1 from 15.6% during the same period a year ago. Its vehicle margins also edged up to 12.1% from 10.5% in this period. In contrast, Li Auto’s gross margins fell to 7.9% in Q1 from 20.5% during the year-ago period. Its vehicle margins stood at 6.1% during the quarter, down from 19.8% during the same period a year ago. XPeng stated that the year-over-year improvement in its vehicle margins was driven mainly by lower costs and a more favorable product mix. However, on a sequential basis, its margins contracted, with the company citing higher per-vehicle expenses tied to rising memory chip and battery costs as the primary reason. Li Auto stated that its year-on-year and sequential decline in margins during Q1 was primarily due to a different product mix and a fall in vehicle margins due to discounts. “Our first...

First-quarter revenue totaled RMB 13.03 billion. Quarterly gross margin reached 20.6%. Overseas deliveries surpassed 6,000 units for the first time in April, targeting sustained monthly overseas deliveries above 10,000 units in Q4. The Ultra trim took over 80% of early GX orders, becoming one of the most popular choices in the premium segment market in China. In April, ADAS mileage penetration on VLA 2.0-equipped XPENG vehicles surpassed 50% for the first time. VLA 2.0 is currently under testing in Europe. GUANGZHOU, China, May 28, 2026 /PRNewswire/ -- XPENG, a leading Chinese AI-driven technology company, today announced its financial results for the first quarter of 2026. Accelerating Physical AI Commercialization: VLA 2.0, Robotaxi and Humanoid Robotics in Full Swing During the earnings call, He Xiaopeng, Chariman & CEO, detailed the company's ongoing transformation from an automotive manufacturer into a global leader in physical AI world. VLA 2.0: VLA 2.0, which saw its ADAS mileage penetration rate on XPENG vehicles exceed 50% for the first time in April, is now being tested in Europe. Robotaxi: XPENG GX fleet is already conducting L4 public-road testing in Guangzhou ahead of Robotaxi pilot operations in Q3. The GX's L4 full-redundancy hardware and dual Turing SoC‑based VLA model are decoupled from the vehicle platform, enabling deployment across the entire XPENG lineup, including the MONA series. Humanoid Robotics: XPENG has recently completed the proprietary development of the next-gen agile and low-cost dexterous hand. XPENG strives to mass-produce its IRON humanoid robots by year-end, with initial deployment in XPENG showrooms, followed by commercial deliveries in China and overseas next year. Smart EV Business Drives Profitability, Overseas Markets Expect to Contribute Above 20% of Q2 Revenue Mr. He emphasized that within the XPENG ecosystem, its smart EV business has already achieved profitability. Quarterly gross margin reached 20.6%. The rapid growth of the automotive segment has generated strong cash flow, supporting its R&D investment for physical AI. In April, XPENG's single-month overseas deliveries surpassed 6,000 units for the first time. In Q1, XPENG also secured No.1 among emerging Chinese EV brands across Norway, Denmark, Portugal, Indonesia, Belgium and Ireland. Overseas markets expect to contribute above 20% of Q2 revenue. Launched on...

This article first appeared on GuruFocus. XPeng (NYSE:XPEV) and Li Auto (NASDAQ:LI) moved in opposite directions in premarket trading on Thursday after both Chinese automakers reported first-quarter results that topped revenue expectations but showed weaker profits and lower sales than a year earlier. XPeng rose more than 3%, while Li Auto fell more than 3%, according to the market report. XPeng's results drew support from margin improvement. Gross margin rose to 20.6% from 15.6% a year earlier, and vehicle margin increased to 12.1% from 10.5%. XPeng said lower costs and a better product mix helped, even as delivery volumes fell 33% to 62,682 units. Warning! GuruFocus has detected 3 Warning Sign with LI. Is LI fairly valued? Test your thesis with our free DCF calculator. Li Auto, by contrast, reported weaker margins. Gross margin fell to 7.9% from 20.5% a year ago, while vehicle margin dropped to 6.1% from 19.8%. Li Auto said discounts and product mix weighed on performance, even though deliveries edged up 2.5% to 95,142 units. XPeng reported revenue of RMB13.03 billion, down about 18%, and a net loss of RMB1.78 billion. Li Auto posted revenue of RMB23 billion, down 11%, and a net loss of RMB2.3 billion after a profit a year earlier.