Overview

• The company guided third‑quarter revenue to 19.6–21.0 billion yuan, up 94%–108% year on year, and projected deliveries of 113,000–118,000 units, up 143%–154%.
• Second‑quarter deliveries reached 103,181 with revenue of 18.27 billion yuan, vehicle margin rose to 14.3%, gross margin hit a record 17.3%, and net loss narrowed to 0.48 billion yuan.
• Cash and short‑term investments climbed to a record 47.57 billion yuan as of June 30, reinforcing balance‑sheet strength.
• XPeng secured a 1 billion yuan credit facility from Citic Bank and expanded its Volkswagen partnership in China to include hybrid and ICE models.
• Industry registration data showed 7,900 China sales for Aug. 11–17, roughly flat week over week, while July deliveries set a monthly record at 36,717 with the M03 near 43% of the total.