XPeng Inc. (XPEV) Misses Q2 EPS by RMB 0.91c, Beats on Revenue Guides Q3 Deliveries of 39K-41K

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Go back to XPeng Inc. (XPEV) Misses Q2 EPS by RMB 0.91c, Beats on Revenue Guides Q3 Deliveries of 39K-41K

XPENG Reports Second Quarter 2023 Unaudited Financial Results

August 18, 2023 6:00 AM EDT

Cash and cash equivalents, restricted cash, short-term investments and time deposits were RMB33.74 billion (US$4.65 billion) as of June 30, 2023 Quarterly total revenues were RMB5.06 billion, a 25.5% increase quarter-over-quarter Quarterly gross margin was negative 3.9%, a decrease of 5.6 percentage points quarter-over-quarter

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, 2023.

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