XPENG Q2 Earnings Call Highlights
Market Beat·
- XPeng reported second-quarter revenue of RMB 19.74 billion with vehicle deliveries reaching 103,295 units, alongside a net loss of RMB 1.34 billion and cash reserves totaling RMB 40.48 billion as of June 30.
- The company's robotics business raised over $900 million at a valuation exceeding $6.2 billion to fund the development and scaled production of its Iron humanoid robot by the end of 2026.
- XPeng targets third-quarter vehicle deliveries between 115,000 and 121,000 units with projected revenue ranging from RMB 21.7 billion to RMB 23.4 billion.