Understanding the Market | XPENG-W rose over 4%, with second-quarter revenue increasing by 125.3% year-on-year, setting a new historical high for a single quarter

XPENG-W rose over 4%, as of the time of writing, up 4.09%, reported at HKD 80.2, with a transaction volume of HKD 363 million. In terms of news, XPeng Inc. released its mid-term performance for 2025, with total revenue reaching RMB 34.085 billion, a year-on-year increase of 132.51%; the net loss attributable to ordinary shareholders of XPeng Inc. was RMB 1.142 billion, a year-on-year decrease of 56.95%. Looking specifically at the second quarter of 2025, XPeng's total revenue was RMB 18.27 billion, a year-on-year increase of 125.3% and a quarter-on-quarter increase of 15.6%, setting a new quarterly historical high. In terms of performance guidance, XPeng expects to achieve revenue of RMB 19.6 billion to RMB 21 billion in the third quarter, a year-on-year increase of 94% to 107.9%; the expected delivery volume is between 113,000 and 118,000 vehicles, a year-on-year increase of 142.8%-153.6%