Strong Financial Performance: In Q2 2025, XPeng achieved total revenues of RMB 18.27 billion, a 125.3% year-over-year increase and a 15.6% quarter-over-quarter increase. Vehicle sales generated RMB 16.88 billion, reflecting a 147.6% year-over-year growth and 17.5% quarterly growth. Gross margins improved to 17.3%, with vehicle gross margin at 14.3%, marking the eighth consecutive quarter of improvement.

Substantial Delivery Growth and Future Projections: Deliveries reached a record 103,181 units in Q2, up 242% year-over-year. For Q3 2025, forecasts indicate deliveries will range between 113,000 to 118,000 units, a year-over-year growth of 142.8% to 153.6%. Revenues for the same period are projected to be between RMB 19.6 billion and RMB 21 billion, marking an increase of 94% to 107.9% year-over-year.

Product Strategy Shift Towards High-End Models: XPeng targets an upgrade in average selling prices (ASP) focusing on higher-end models like the new P7 and upcoming X9. These models are anticipated to generate significant sales, with aspirations for the P7 to be among the top three best-selling pure electric sedans within its pricing segment, showcasing an enhanced focus on design and aesthetics.