XPeng Motors reduziert die Verluste, und He Xiaopeng hat sich das Ziel gesetzt, monatlich über 40.000 Fahrzeuge auszuliefern.

On August 19th, XPeng Motors released its second - quarter financial report. Although it has not yet achieved profitability, core data such as total revenue, gross profit margin, cash reserves, and delivery volume of XPeng Motors in the second quarter reached record highs.

The financial report data shows that in the second quarter, XPeng Motors' net loss narrowed to 480 million yuan. In comparison, the net loss was 1.28 billion yuan in the same period of 2024 and 660 million yuan in the first quarter of 2025.

XPeng Motors aims to achieve quarterly profitability in the fourth quarter of this year. Gu Hongdi, Vice Chairman and Co - President of XPeng Motors, said, "We are confident not only to accelerate scale growth but also to continuously improve the company's profitability."

In the second quarter, XPeng Motors' total revenue was 18.27 billion yuan, a 125.3% increase compared to the same period in 2024. In the first half of the year, XPeng Motors' total revenue was 34.09 billion yuan, a year - on - year increase of 132.5%.

Automobile sales revenue still accounted for the majority, reaching 16.88 billion yuan in the second quarter, a year - on - year increase of 147.6% and a quarter - on - quarter increase of 17.5%. The automobile sales revenue in the first half of the year was 31.25 billion yuan.

The increase in automobile sales revenue was due to XPeng selling more cars. XPeng delivered a total of 103,181 new cars in the quarter. In the first half of this year, the delivery volume of new XPeng cars soared by 279.0% year - on - year, reaching 1.97 million units.

Despite facing a fierce price war, continuous cost reduction and improvement in the vehicle product mix drove the improvement of XPeng's gross profit margin and automotive gross profit margin.

In terms of gross profit margin, the gross profit margin in the second quarter reached 17.3%, a year - on - year increase of 3.3 percentage points, setting a new single - quarter record high; the automotive gross profit margin reached 14.3%, a year - on - year increase of 7.9 percentage points, achieving eight consecutive quarters of growth.

As of June 30th, XPeng's available cash reserves were 47.57 billion yuan, a net increase of 2.29 billion yuan compared to March 31st, 2025.

In terms of products, three facelifted and upgraded models, including the 2025 XPeng X9, the all - new XPeng MONA M03 Max, and the long - range Max version of the XPeng P7, further promoted sales growth this year. Among them, the XPeng MONA M03 has delivered over 10,000 units for 11 consecutive months; the XPeng MONA M03 Max equipped with Turing AI intelligent driving accounts for over 80% of the total orders for the XPeng MONA M03 series.

This year is a big product year for XPeng Motors. In the third quarter, the all - new XPeng P7 started pre - sales in August and is planned to be officially launched next week. Currently, the price of the all - new XPeng P7 has not been announced. Times Finance sent an interview request to XPeng regarding the sales target of the all - new XPeng P7 and how to avoid the impact on the old models after its launch, but as of press time, no response was received.

He Xiaopeng, Chairman and CEO of XPeng Motors, revealed in the earnings conference call that the small - order data of the all - new XPeng P7 broke the previous historical records of all models in the same period. "I expect the sales volume of the all - new P7 to be among the top three in the pure - electric sedan market under 300,000 yuan. With the delivery of the all - new P7, my goal is that the company's monthly delivery volume will steadily exceed 40,000 starting from September."

In addition, XPeng plans to focus on "Kunpeng Ultra - Electric" in the fourth quarter. He Xiaopeng revealed, "In the fourth quarter of this year, the first Kunpeng Super - Electric vehicle, the XPeng X9, will be launched, marking that XPeng Motors officially enters the product cycle of 'one vehicle with dual capabilities'."

At last year's XPeng AI Technology Day, XPeng's Kunpeng Super - Electric system was launched. Among them, "Kun" represents the super - extended - range system, which uses next - generation extended - range technology; "Peng" represents XPeng's pure - electric system. At that time, He Xiaopeng said, "It doesn't make sense to make an ordinary extended - range vehicle anymore."

It is reported that the pure - electric range of the first - launched Kunpeng Ultra - Electric version of the X9 exceeds 450 kilometers, and the comprehensive range exceeds 1,500 kilometers. In the increasingly crowded extended - range market, comprehensive range, pure - electric range, and charging speed may become important competitive points to differentiate. He Xiaopeng mentioned that the Kunpeng Ultra - Electric version of the X9 is the range champion among similar products. "After that, we will also launch multiple super - electric vehicle products. The goal of these products is to have the longest pure - electric range and the fastest 5C ultra - fast charging among similar new - energy products."

In addition, He Xiaopeng emphasized the support of AI for XPeng. He believes that the biggest difference between XPeng Motors and other automakers or software companies lies in the full - stack self - research investment in core hardware and software technologies over the past decade.

It is understood that the Ultra versions of XPeng's models will be equipped with three self - developed Turing AI chips, with an effective computing power of 2,250 TOPS. The Ultra versions of the XPeng G7, P7, and subsequent models will deploy the edge - side VLA + VLM large - scale models.

Starting from the fourth quarter, we will enter the large - scale product cycle of 'one vehicle with dual capabilities', and at the same time, the capabilities of Turing AI intelligent driving will have an obvious generational gap with competitors. We are confident not only to achieve scale leadership but also to enter a new stage of self - sustaining profitability in the company's operation." He Xiaopeng said.

On August 19th, XPeng Motors' Hong Kong - listed shares (09868.HK) fell 1.85%, closing at HK$77.05 per share. After the release of the second - quarter report, XPeng Motors' US - listed shares (NYSE:XPEV) once rose nearly 6%. As of press time (12:03 EDT on the 19th), XPeng Motors' US - listed shares rose 5.3%, trading at $20.95.

Image source: Screenshot from Xueqiu

This article is from the WeChat official account "Times Finance APP" (ID: tf - app), author: He Qing, editor: Zhang Ze, published by 36Kr with authorization.