XPeng's Hong Kong-listed shares surged 79% in the third quarter, driven largely by the robust performance of newly launched models P7+ and Mona M03. Chief Executive Xiaopeng He increased his stake in ...

XPeng continued to improve its gross margin, which rose to a record 15.3% from 14.0% in the second quarter. Its gross margin was a negative 2.7% a year earlier.

Chairman and CEO of XPENG, Mr. Xiaopeng He, highlighted the company’s transformed core competencies and execution capabilities, emphasizing that the successful launch of the M03 and P7+ marks the ...

The successful launch of M03 and P7+ marks the beginning of a strong growth cycle underpinned by our major product cycles,” said Mr. Xiaopeng He, Chairman and CEO of XPENG. “I believe the next decade ...

Quarterly total revenues were RMB10.10 billion, a 24.5% increase quarter-over-quarterQuarterly gross margin was 15.3%, reaching a historical high, an increase of 18.0 percentage points over the same ...