XPeng's half - year revenue soared by nearly 20 billion yuan, and its gross profit margin exceeded that of Tesla. He Xiaopeng declared that the sales volume in September would exceed 40,000.
He Xiaopeng Previews Two New Cars! The Extended - Range X9 Will Go into Mass Production in the Fourth Quarter, and Two Killer Features of Robotaxi Are Officially Announced.
According to a report from Che Dongxi on August 19th, He Xiaopeng, the Chairman and CEO of XPeng Motors, revealed five key points for XPeng Motors' development in the current and next years during a conference call.
1. The extended - range version of XPeng X9 will go into mass production in Q4, targeting the 400,000 - yuan price range with a comprehensive range of over 1,500 km, and will be launched both domestically and internationally next year.
2. The small - order volume of XPeng P7 has set a new record. It is positioned in the 300,000 - yuan price range, and XPeng's sales volume in September "will steadily exceed 40,000".
3. XPeng will mass - produce models supporting L4 next year and start the trial operation of Robotaxi. XPeng's Robotaxi will have L4 computing power, software, and hardware capabilities right from the pre - installed mass production stage.
4. Currently, the assisted - driving capabilities of different models are comparable. In the future, the Ultra versions of all XPeng models will be equipped with three Turing chips.
5. The initial version of VLA will be pushed soon, and it will aim to match the performance of L3 with a human driver in the next one and a half years.
Regarding the future development goals, He Xiaopeng responded, "Starting from the fourth quarter, we will enter a major product cycle with one car having dual capabilities. We are confident that not only will we achieve scale leadership, but also the company's operation will enter a new stage of self - sustaining profitability."
According to XPeng Motors' second - quarter financial report, the company's financial situation has improved, and its revenue, delivery volume, and gross profit have reached a new level.
XPeng's financial data for the second quarter of 2025
Looking at the entire first half of the year, XPeng Motors' total revenue in the first half of the year has doubled, reaching 34.08 billion yuan, a surge of 19.4 billion yuan compared with 14.66 billion yuan in the same period last year, a year - on - year increase of 132%, with an average daily income of 189 million yuan.
However, XPeng Motors' loss situation continues. In the first half of 2025, its net loss reached 1.14 billion yuan, a decrease of 1.5 billion yuan compared with 2.65 billion yuan in the same period in 2024.
In addition, as of the first half of this year, XPeng Motors' cash reserve is 47.57 billion yuan.
As for XPeng Motors' current pure - electric models, the gross profit margin of XPeng in the second quarter of 2025 reached 17.3%, a record high, exceeding that of Tesla (17.2%).
XPeng Motors' performance has also affected the capital market. As of before the release of this article, XPeng Motors' US - listed stock price once rose by 4%, and its market value once increased by 843 million US dollars (approximately 6.05 billion yuan).
Changes in XPeng Motors' US - listed stock price as of before the release of this article
01.
XPeng's September Sales "Steadily Exceed 40,000"
Extended - Range Cars to Be Launched Domestically and Internationally Next Year
During last night's XPeng Motors' earnings conference call, He Xiaopeng, the Chairman of XPeng Motors, gave a detailed response to XPeng Motors' development priorities in the second half of the year and next year's plan.
This year is a big product year for XPeng Motors, and new extended - range cars will enter the market faster. During the conference call, He Xiaopeng responded to XPeng Motors' future new - car plans.
1. The extended - range version of XPeng X9 will go into mass production in Q4 and will be launched domestically and internationally next year
He Xiaopeng said that in the fourth quarter of this year, XPeng will launch its first Kunpeng Super Electric model, the XPeng X9. "The new car is positioned in the 400,000 - yuan price range." Next year, the Super Electric models will be fully launched both in the domestic and overseas markets, marking that XPeng Motors officially enters the product cycle of "one car with dual capabilities".
XPeng Kunpeng Super Electric X9
According to He Xiaopeng, the pure - electric range of the Kunpeng Super Electric X9 exceeds 450 kilometers, and the comprehensive range exceeds 1,500 kilometers. Later, several other Super Electric models will also be launched.
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.
XPeng Kunpeng Super Electric X9
He Xiaopeng said, "This means that in 2025, XPeng will fully complete the upgrade of the new - generation technology platform with intelligentization and one car having dual - energy methods, including pure - vision intelligent driving, AI large models, Turing AI chips, 5C ultra - fast charging batteries, and the Kunpeng Super Electric system... to accelerate the overall scale growth."
XPeng Kunpeng Super Electric X9
2. XPeng's September Sales "Steadily Exceed 40,000", the New P7 Will Go on Sale Next Week and Is Positioned in the 300,000 - yuan Price Range
The new XPeng P7 will be officially launched next week. He Xiaopeng said, "The new car's price is positioned in the 300,000 - yuan price range." With the delivery of the new P7, He Xiaopeng said, "The goal is that the company's monthly delivery volume will steadily exceed 40,000 starting from September."
The new XPeng P7
Although He Xiaopeng didn't disclose the pre - sale data for the time being, he said, "The new P7 has received extremely high attention, far exceeding our expectations when we made this year's plan at the end of last year. The small - order data has broken the records of all previous models, including MONA M03 and P7+ in the same period."
He Xiaopeng also said that from the user profile, the new XPeng P7 has broken into new user groups. The proportion of male users is very high, and the users of P7 are the youngest among all of XPeng's models.
3. Mass - Produce L4 Models Next Year and Start the Trial Operation of Robotaxi
He Xiaopeng also previewed the progress of the L4 models. XPeng's models supporting L4 will go into mass production in 2026, and the trial operation and service of Robotaxi will start in some areas.
He Xiaopeng also responded to the differences between XPeng and other companies in the Robotaxi business.
Firstly, pre - installed mass production. He Xiaopeng said that although there are already L4 Robotaxis on the market, they are all post - installed. "XPeng will be the first Chinese car company to have L4 computing power, software, and hardware capabilities right from the pre - installed mass production stage of Robotaxi."
Secondly, no regional restrictions. XPeng's Robotaxi doesn't need to use lidar to scan each area for high - definition matching.
XPeng hopes to bring some new capabilities to users in the Robotaxi models and significantly increase the growth ceiling of new cars, such as achieving intelligent assisted driving without navigation.
In terms of operation and commercialization, XPeng will operate the Robotaxi by itself in the initial testing stage and may seek more partners later.
He Xiaopeng also said that based on XPeng's Turing chips, VLA, and VLM, XPeng Motors is rapidly moving towards a mass - producible version with primary L4 capabilities in the robotics field and is making various preparations for mass production in the second half of 2026.
XPeng Motors' robot
4. Currently, the assisted - driving capabilities of different models are comparable. The Ultra versions of all models will be equipped with three Turing chips
He Xiaopeng said that currently (in the first echelon of assisted - driving), the situation is similar. Some use computing power, and some use computing power + lidar. Starting from the XPeng G7 and P7 launched in the third quarter, the Ultra versions of all XPeng models will be equipped with three self - developed Turing AI chips, with an effective computing power of 2,250 TOPS, more than three times the computing power of the latest flagship models of competitors.
XPeng's self - developed Turing chips
The Ultra versions of XPeng G7, P7, and subsequent models will deploy the end - side VLA + VLM large models.
Based on the Turing AI chips, the scale of the in - car models deployed by XPeng will increase by an order of magnitude to billions of parameters, and the running frame rate of the VLA model will be more than twice that of competitors.
XPeng's VLA + VLM large model
For the owners of the Ultra version of G7, XPeng will start pushing the initial version of the VLA model soon. The Ultra - version model is from the same source as the L4 Robotaxi.
He Xiaopeng's goal is that in the next 18 months, XPeng's capabilities based on Turing chips + VLA model will be dozens of times higher than the mainstream urban assisted - driving capabilities in the industry and will match the performance of L3 with a human driver in terms of safety, full - scenario performance, and user experience.
5. Models Cover the 100,000 - 500,000 - yuan Price Range, and More Attention Is Paid to the Appearance of New Cars
He Xiaopeng also responded to the controversy about the change in the average selling price of new cars.
He Xiaopeng said that XPeng Motors' selling prices generally range from 100,000 to 500,000 yuan. The new XPeng P7 and the Kunpeng Super Electric X9 to be launched are positioned in the 300,000 - yuan and 400,000 - yuan price ranges respectively.
The new XPeng P7
He Xiaopeng also said, "We focus on impressing consumers in terms of appearance, technology, emotion, and