
Behind Xpeng’s impressive Q1 performance
London, May 22, 2025 , (Oilandgaspress) –––Xpeng Motors ( NYSE: XPEV/HK.9868) announced its first quarter financial report for 2025, with many financial data exceeding expectations. Xpeng Motors’ revenue in the first quarter was 15.81 billion yuan, a year-on-year increase of 141.5%; total deliveries reached 94,008 units, setting a record high for single-quarter deliveries, a year-on-year increase of 330.8%; gross profit margin reached 15.6%, an increase of 2.7 percentage points year-on-year, setting a record high for single-quarter; automobile gross profit margin reached 10.5%, an increase of 5 percentage points year-on-year, achieving seven consecutive quarters of growth. As of the end of the first quarter, Xpeng Motors’ cash reserves on hand reached 45.28 billion yuan (6.24 billion US dollars), a net increase of more than 3.3 billion yuan compared to December 31, 2024. In the second quarter of 2025, Xpeng Motors expects total deliveries to reach 102,000-108,000 vehicles, an increase of approximately 237.7% to 257.5% year-on-year; total revenue is expected to reach 17.5 billion yuan to 18.7 billion yuan, a year-on-year increase of 115.7%-130.5%.
Financial report data shows that Xpeng Motors’ cash reserves in the first quarter returned to a historical high, and free cash flow exceeded 3.3 billion yuan, which means that its self-sustaining ability has been significantly enhanced. Combined with the sales growth brought by hot-selling products and the positive feedback from the market, it is no wonder that Xpeng Motors’ growth potential has begun to emerge.
Xpeng Motors delivered a brilliant first quarter financial report, breaking out from the traditional off-season in the auto market
In the first quarter of 2025, Xpeng Motors broke through the traditional off-season in the auto market and delivered a brilliant financial report: gross profit margin and delivery volume both hit historical highs.

Among them, Xpeng Motors delivered 94,008 units in the first quarter, a year-on-year increase of 330.8%, setting a new record for single-quarter deliveries and ranking first in the first quarter of new forces in both the domestic and international markets. At the same time, Xpeng Motors has achieved monthly deliveries of more than 30,000 units for six consecutive months, achieving steady growth in deliveries.
In the first quarter of this year, Xiaopeng Motors had a number of hot-selling products, including Xiaopeng MONA M03, Xiaopeng P7+, Xiaopeng X9, 2025 G6 and G9, etc. Among them, Xiaopeng MONA M03 has delivered more than 100,000 units in 8 months since its launch, becoming the sales champion of A-class pure electric sedans; Xiaopeng P7+ has completed the 50,000th unit officially rolled off the production line 5 months after its launch; in March, the “popular SUV twins” – 2025 Xiaopeng G6 and 2025 G9 were officially launched, and the two models delivered more than 7,500 units in the first month of April.
Entering the second quarter, the 2025 Xiaopeng X9 was officially launched in April. It ranked first in domestic pure electric MPV sales with 1,603 units sold that month, and remained the top pure electric MPV sales for five consecutive weeks.
As the proposer and pioneer of AI cars, Xiaopeng Motors has always adhered to the “technological equality” strategy, and has lowered the threshold of advanced technology through research and development innovation, creating products that users love, and thus realizing “high-end technology and inclusive coexistence”. On May 28, Xiaopeng Motors will hold a launch conference for the full-blooded version of Xiaopeng MONA MAX. In the Xiaopeng MONA MAX version, Turing AI assisted driving will be popularized to 150,000-level products for the first time, which means that Xiaopeng Motors will popularize AI cars in the widest price range. In this regard, He Xiaopeng, chairman and CEO of Xiaopeng Motors, said: “This will be a milestone in the equality of AI in the automotive industry, subverting the current pattern in the industry that only high-end models with high-end versions are equipped with comprehensive urban and highway intelligent assisted driving, and showing the world the innovative strength of Chinese car companies in the physical world of AI.”

In the second quarter, Xpeng Motors will complete the upgrade or increase the configuration of five model years, and in the third quarter, two new heavyweight models will begin to be delivered in large quantities. Among them, the new model Xpeng G7 will start preheating and release in June. He Xiaopeng said: “I believe G7 will be a new product with outstanding competitiveness in the 250,000-class SUV market”. In the third quarter, the new generation P7, a “300,000-class luxury sports coupe”, will be released. In the fourth quarter, Xpeng Kunpeng super electric models will gradually enter mass production. The release of “one car, two functions” products will help Xpeng Motors reach a wider market at home and abroad, and bring stronger sales growth potential.
Behind the impressive performance in the first quarter is the continuous improvement of Xpeng Motors’ comprehensive capabilities in organization, products, marketing, technology, and operations, which has led the company upward. Breaking through the traditional off-season is just the beginning of Xpeng Motors’ growth potential.
It is worth mentioning that Xpeng Motors is the first in the Chinese automotive industry to realize urban intelligent assisted driving that does not rely on LiDAR. Xpeng Motors has significantly reduced end-to-end latency by upgrading the capacity, number of parameters, and frequency of inference of the visual perception model, making assisted driving more sensitive and safer. The application of AI Eagle Eye Vision Intelligent Driving Solution will not only help Xpeng AI cars go global from China, but will also enable Xpeng’s research and development from AI cars to embodied intelligent robots.
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