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XPENG Reports First Quarter 2024 Unaudited Financial Results

Cash and cash equivalents, restricted cash, short-term investments and time deposits were RMB41.40 billion as of March 31, 2024Quarterly total revenues were RMB6.55 billion, a 49.8% decrease.

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Xpeng Motors Stock Surges as Q1 Earnings Beat Estimates

Xpeng Motors is trading sharply higher in early US price action today after the company reported an impressive set of numbers for Q1

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XPeng's Losses Widened as Higher Costs Offset Jump in Car Sales

XPeng's Losses Widened as Higher Costs Offset Jump in Car Sales
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XPeng 3Q Rev CNY8.53B Vs. CNY6.82B >XPEV

By Ben Otto XPeng's losses widened in the third quarter, even as vehicle sales jumped and the Chinese electric-car maker forecast a near-doubling of revenue.

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XPeng says the journey to long-term profitability has started

XPeng says the journey to long-term profitability has started
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