Xpeng narrows losses on record sales

Xpeng reported Q2 2025 revenue of RMB 18.27 billion, up 125.3% YoY, as deliveries rose 242% to 103,181 vehicles. Net loss narrowed to RMB 0.48 billion, while gross margin climbed to 17.3% and vehicle margin hit a record 14.3%. The EV maker also launched the G7 SUV and expanded its tech partnership with Volkswagen.