XPeng Inc. announced its financial results for the second quarter of 2025, with total revenues of RMB18.27 billion, a 125.3% increase year-over-year. The company’s quarterly gross margin was 17.3%, and vehicle margin was 14.3%, both showing significant improvements over the same period in 2024. XPeng delivered 103,181 vehicles in the second quarter, a 241.6% increase from the previous year. The company’s cash and cash equivalents, restricted cash, short-term investments, and time deposits totaled RMB47.57 billion as of June 30, 2025. XPeng remains committed to sustainable growth and improving profitability despite industry competition.

In July 2025, XPeng delivered 36,717 vehicles, bringing the year-to-date total deliveries to 233,906 vehicles. The company also launched the G7 smart electric family SUV and expanded technical collaboration with the Volkswagen Group. For the third quarter of 2025, XPeng expects deliveries of vehicles to be between 113,000 and 118,000, representing a year-over-year increase of approximately 142.8% to 153.6%. Total revenues for the third quarter are expected to be between RMB19.6 billion and RMB21.0 billion, a year-over-year increase of approximately 94.0% to 107.9%.

Overall, XPeng’s financial performance in the second quarter of 2025 showed strong growth in vehicle sales revenue and improvements in gross margin and vehicle margin. The company continues to focus on innovation and technology leadership in the smart electric vehicle industry.

Read more at GlobeNewswire: XPENG Reports Second Quarter 2025 Unaudited Financial