China’s XPeng Clocks File Q1 EV Gross sales, Deliveries Surge 3.6X – XPeng (NYSE:XPEV)

On Monday, Chinese language electrical car firm XPeng Inc XPEV introduced its car supply outcomes for March and the primary quarter of 2025.

In March, XPeng delivered 33,205 Good EVs, implying a 268% development, surpassing 30,000 items for the fifth consecutive month.

For the primary quarter of 2025, XPeng delivered 94,008 Good EVs, a 331% enhance over final yr.

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On March 13, 2025, at its Spring 2025 Launch convention, XPeng launched 2025 variations of the XPeng G6 and XPeng G9.

Each upgraded variations come commonplace with 5C AI batteries and Turing AI-powered sensible driving options throughout all trims.

In March 2025, XNGP’s month-to-month lively person penetration charge in city driving reached 86%. On the similar time, XPeng expanded its international presence by coming into the Indonesian market.

Li Auto Inc LI introduced on Tuesday it delivered 36,674 autos in March 2025, marking a 26.5% development. This introduced its first-quarter deliveries to 92,864, up by 15.5%. As of March 31, 2025, Li Auto’s cumulative deliveries reached 1.226 million.

As of March 31, 2025, the corporate had 500 retail shops in 150 cities, 502 servicing facilities, and Li Auto-authorized physique and paint outlets in 225 cities. It additionally had 2,045 supercharging stations in China geared up with 11,038 charging stalls.

NIO Inc NIO introduced it delivered 15,039 autos in March 2025, representing a development of 26.7%. The deliveries comprised 10,219 autos from its premium sensible electrical car model NIO and 4,820 from the corporate’s family-oriented sensible electrical car model ONVO. The corporate delivered 42,094 autos within the first quarter of 2025, marking a development of 40.1%. Cumulative deliveries reached 713,658 as of March 31, 2025.

XPeng inventory surged 167% within the final 12 months. The EV firm reported fourth-quarter income development of 23.4% to 16.11 billion Chinese language Yuan ($2.21 billion), topping the consensus estimate of 16.02 billion Chinese language Yuan. Quarterly car deliveries rose 52.1% to 91,507, backed by its gross sales community of 690 shops and 1,920 charging stations.

The corporate expects income of 15 billion Chinese language Yuan-15.7 billion Chinese language Yuan, in comparison with the consensus of 14.684 billion Chinese language Yuan. XPeng and long-term companion German automaker Volkswagen AG VWAGY plans to construct a super-fast charging community in China.

In the meantime, Li Auto and Nio shares misplaced 18% within the final 12 months. Nio continues to face challenges in attaining full-year profitability, primarily resulting from excessive analysis and improvement bills and important operational prices.

Worth Motion: XPEV inventory is up 3.09% at $21.36 premarket on the final verify Tuesday.

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