Overview

• Automotive revenue rose 147.6% year over year to 16.88 billion yuan in the second quarter, vehicle margin reached 14.3%, and net loss narrowed to 0.48 billion yuan.
• For the third quarter, XPeng projects 19.6–21.0 billion yuan in revenue and 113,000–118,000 deliveries, up roughly 94%–108% and 143%–154% from a year earlier.
• The Mona M03 led volumes, accounting for nearly 43% of the brand’s global deliveries in July.
• Weekly China registrations totaled 7,900 vehicles for Aug. 11–17, matching the prior week and placing XPeng fifth among new energy vehicle brands.
• XPeng secured a 1 billion yuan credit line from Citic Bank, and its Volkswagen partnership now extends to hybrid and internal-combustion models in China.