
XPeng Posts Wider Loss In Q1

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XPeng (XPEV) reported a net loss of RMB 1.78 billion for Q1 2026, up from RMB 0.66 billion last year. Net loss per ADS was RMB 1.87, with total revenues at RMB 13.03 billion, a 17.6% decline. Vehicle sales revenue fell 23.5%, with deliveries down 33.3%. For Q2 2026, XPeng anticipates vehicle deliveries between 100,000 and 106,000 and revenues of RMB 19.60 billion to RMB 20.80 billion. Shares rose 5.57% to HK$66.35.
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