XPeng shares adds 66% rally as China’s home maker’s loss narrows

Xpeng Shares reported the first quarter of the premium in Premarket in New York to 6%, the first quarter of the Chinese electric vehicle before expectations.

The stock has balanced earnings to increase 5.23% on 12:44.

Here’s how the Xpeng did LSEG assessments in the first quarter:

• Income: 15.81 billion Chinese yuan ($ 2.18 billion), are expected to be compared to 141.5% per annum and 15.1 billion yuan.
• Net harm: 660 million yuan, 1.4 billion yuan losses last year and below 1.37 billion yuan.

The XPeng expects the second quarter of the return between 17.5 billion yuan and 18.7 billion yuan, which also exceeded the consensus assessments.

The company at the Guangzhou-headquarters will increase the increase of 102,000 to 108,000 electric cars between 102,000 and 108,000 in the second quarter of this year, increasing from 237.7% to 257.5%.

XPeng delivered 94,008 in the first three months of this year.

The company competes in China’s electric vehicle market and fought 2023 when increasing increased growth and installation losses due to increasing economic uncertainty in the home market.

However, the company has been aggressive with new products, a Mass market car last year In 2025, in 2025, a refreshing version of the flagship X9 helps to improve their fortune in the last 18 months.

Together with Powerful delivery this year, Finally a 66% annual rally-annual rally helped the share price of a shareholder to raise a stock price over $ 15 He said he went to the public in 2020. Again, a stock is more than $ 70 per share.

XPeng is now looking at the current persons as xiaomi and byd a greater competition from new applicants.

Still the company protects momentum. Xpeng, 35,045 electric vehicles in April continued the record of more than 30,000 vehicles during the sixth year.

Correction: This article was updated to better reflect the record price of the company’s shares.