XPeng (XPEV) sees strength despite EPS miss

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XPENG Reports Third Quarter 2022 Unaudited Financial Results

November 30, 2022 5:00 AM EST

Cash and cash equivalents, restricted cash, short-term investments and time deposits were RMB40.12 billion (US$5.64 billion) as of September 30, 2022 Quarterly total revenues reached RMB6.82 billion, a 19.3% increase year-over-year Quarterly vehicle deliveries reached 29,570, a 15% increase year-over-year Quarterly gross margin was 13.5%, a decrease of 0.9 percentage point 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 third quarter of 2022.

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