Xpeng narrows losses in Q1 as sales surge

Xpeng posted Q1 2025 revenue of RMB 15.81 billion, up 141.5% YoY, as deliveries surged 331% to 94,008 units. Net loss narrowed to RMB 660 million, supported by improved margins and economies of scale. Xpeng also launched its flagship X9 EV and expanded its fast-charging network to more than 2,100 stations.