XPeng Inc - ADR

NYSE:XPEV   3:59:55 PM EDT
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Other Pre-Announcement

Xpeng Reports Q2 Revenue Of 7.436 Bln Chinese Yuan

Published: 08/23/2022 10:41 GMT
XPeng Inc - ADR (XPEV) - Xpeng Reports Second Quarter 2022 Unaudited Financial Results.
Xpeng Inc Q2 Revenue Rose 97.7 Percent to Rmb 7.436 Billion.
Xpeng - Quarterly Vehicle Deliveries Reached 34,422, a 98% Increase Year-over-year.
Xpeng - Quarterly Gross Margin Was 10.9%, a Decrease of 100 Basis Points Year-over-year.
Xpeng - Total Deliveries of Vehicles Were 34,422 in Q2 of 2022, Representing an Increase of 98% From 17,398 in Corresponding Period of 2021.
Xpeng - Basic and Diluted Net Loss per American Depositary Share Were Both Rmb3.16 for Q2 of 2022.
Xpeng - Non-GAAP Basic and Diluted Net Loss per Ads Were Both Rmb2.88 for Q2 of 2022.
Xpeng - Are on Track for Official Launch of Our Flagship G9 Suv in September 2022.
Xpeng - Are Accelerating Pace of New Product Launches to Round Out Our Offering With Vehicles Priced Between Rmb150,000 to Rmb500,000.
Xpeng - in 2023, We Plan to Roll Out Two New Competitive Models.
Xpeng - for Q3 of 2022, Expects Deliveries of Vehicles to Be Between 29,000 and 31,000.
Xpeng - Sees Q3 of Total Revenues to Be Between Rmb6.8 Billion and Rmb7.2 Billion.