XPeng delivered 103,295 vehicles in Q2, exceeding its guidance midpoint, with strong sales of the Mona model and the new GX SUV launched in May. Mona-branded vehicles made up 36% of June deliveries, while the GX SUV accounted for 17%, supporting expectations for improved gross margins next quarter. Despite a higher price-to-revenue ratio than peers, recent revaluation enhances XPeng's risk/reward profile. The company's solid June growth and GX execution position it well for margin gains, even as competitor NIO grows faster.
XPENG has started employee testing of its Robotaxi platform, marking a key step from smart electric vehicles to autonomous vehicles powered by Physical AI. The test included a full Robotaxi journey by XPENG's CEO, demonstrating the platform's complet...
XPeng reported a recovery in demand during Q2 2026 and anticipates further delivery growth in the second half of 2026, driven by new model launches and ongoing international expansion. The automaker may exceed its previous revenue guidance for Q2 202...
