XPeng Inc. announced its Q2 2026 financial results showing total revenues of RMB19.74 billion, a 51.5% increase from Q1 2026, driven by higher vehicle deliveries totaling 103,295 units. Gross margin improved to 20.7%, while vehicle margin remained stable at 12.1%. Despite a net loss of RMB1.34 billion, this was an improvement from the previous quarter's loss of RMB1.78 billion. The company is optimistic about upcoming models and the commercialization of its Physical AI technologies, expecting Q3 deliveries between 115,000 and 121,000 vehicles and revenue growth of up to 14.8% year-over-year.
At the 2026 Paris Motor Show, XPENG unveiled its Next-Gen AI Flagship SUV, the G9L, marking its global launch with European orders and pricing announced. The company also showcased its Physical AI ecosystem, including humanoid robots, flying cars, an...
XPeng delivered 41,256 vehicles in September 2026, a 5% increase from August, and 118,390 vehicles in Q3 2026, up 15% from the previous quarter. The company launched the premium G9L SUV in China and plans a global debut in Paris. XPeng also expanded ...
Geely Holding Group has acquired a 30% stake in Nio Power, the battery swapping and charging unit of Nio, valuing the business at about RMB16 billion. This investment marks a significant external validation of Nio's battery swapping network, a key as...
