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Two Blokes May 21, 2025 -
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Cash and cash equivalents, restricted cash, short-term investments and time deposits were RMB45.28 billion (US$6.24 billion) as of March 31, 2025 Quarterly total revenues were RMB15.81 billion, a 141.5% increase year-over-year Quarterly gross margin was 15.6%, an increase of 2.7 percentage points over the same period of 2024 Quarterly vehicle margin was 10.5%, an increase of 5.0 percentage points over the same period of 2024 GUANGZHOU, China, May 21, 2025 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its unaudited financial results for the three months ended March 31, 2025. Operational and Financial Highlights for the Three Months Ended March 31, 2025 2025Q1 2024Q4 2024Q3 2024Q2 2024Q1 2023Q4 Total deliveries 94,008 91,507 46,533 30,207 21,821 60,158 Total deliveries of vehicles were 94,008 for the first quarter of 2025, representing an increase of 330.8% from 21,821 in the corresponding period of 2024.