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Xpeng Inc XPEV

Consumer Cyclical Auto Manufacturers
Xpeng Inc is a China-based company engaged in design, development, production and sales of smart electric vehicles (Smart EV). The Company's primary products are environmentally friendly vehicles, namely an SUV (the G3) and a four-door sports sedan (the P7). The Company’s Smart EVs primarily target the mid- to high-end segment in China’s passenger vehicle market. The Company aims developing full-stack autonomous driving technology, in-car intelligent operating system and core vehicle systems in-house through the its proprietary software, core hardware and data technologies. The Company sells its vehicle products under the brand Xpeng. It also provides a range of services to the clients, including supercharging service, maintenance service, ride-hailing service and vehicle leasing service.


NYSE:XPEV - Post by User

Xpeng Inc
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Post by whytestockson May 21, 2024 10:00am
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Post# 36049772

XPENG Reports First Quarter 2024 Unaudited Financial Results

XPENG Reports First Quarter 2024 Unaudited Financial Results
BREAKING NEWS: $XPEV XPENG Reports First Quarter 2024 Unaudited Financial ResultsCash and cash equivalents, restricted cash, short-term investments and time deposits were RMB41.40 billion (US$5.73 billion) as of March 31, 2024 Quarterly total revenues were RMB6.55 billion, a 49.8% decrease quarter-over-quarter Quarterly gross margin was 12.9%, an increase of 6...XPEV - XPENG Reports First Quarter 2024 Unaudited Financial Results

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