Barclays Downgrades XPeng (XPEV) to Equalweight

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Go back to Barclays Downgrades XPeng (XPEV) to Equalweight

XPeng Reports Second Quarter 2022 Unaudited Financial Results

August 23, 2022 6:00 AM EDT

Quarterly total revenues reached RMB7,436.3 million, a 97.7% increase year-over-year Quarterly vehicle deliveries reached 34,422, a 98% increase year-over-year Quarterly gross margin was 10.9%, a decrease of 100 basis points year-over-year

GUANGZHOU, China--(BUSINESS WIRE)-- 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 June 30, 2022.

Operational and Financial Highlights for the Three Months Ended June 30,... More