Xpeng Inc Stock Price, News & Analysis

XPENG has appointed Inchcape as its distributor and strategic partner for Poland, with sales starting in Q2 2025. Three models will be available: the P7 sedan, G9 flagship SUV, and G6 coupe SUV, all with Euro NCAP 5-star safety ratings.

Poland represents XPENG's largest market in Eastern Europe, chosen for its large population, territory, and growing EV market potential. The company has manufactured over 620,000 smart EVs since 2018 and plans to be present in more than 60 countries by end-2025.

Key vehicle features include:

• SEPA 2.0 platform with 800V fast-charging (120km in 5 minutes)
• CTB technology integration
• Impressive range (570-576km WLTP)
• High performance (P7: 473hp, G9: 551hp, G6: 476hp)
• 5-year warranty and free OTA updates

XPENG has officially launched in the UK market, marking a significant expansion of its global footprint. The company announced the pre-sale of its first right-hand drive model, the G6 Ultra Smart Coupe SUV, starting at £39,990 with deliveries scheduled for March 2025.

Through a partnership with International Motors (IML), XPENG plans to establish 20 dealerships across the UK in 2025. The company showcased its mobility ecosystem, including the P7+ (world's first AI-defined vehicle), G6, G9, X9, and the eVTOL X2 flying car.

The UK launch follows XPENG's successful expansion across European markets since 2021, with the company having delivered over 620,000 Smart EVs globally. Recent strategic partnerships with Volkswagen and BP Pulse aim to develop super-fast charging networks. XPENG targets presence in more than 60 countries and regions by the end of 2025.

XPENG reported strong delivery results for January 2025, with 30,350 Smart EVs delivered, marking a 268% increase year-over-year and the third consecutive month exceeding 30,000 units. The MONA M03 maintained over 15,000 monthly deliveries for two straight months, while the P7+ achieved 20,000 cumulative deliveries within two months of launch.

The company's XNGP system reached 87% monthly active user penetration in urban driving. XPENG also launched its updated XOS AI Tianji 5.5.0, featuring door-to-door ADAS and the world's first coach vehicle recognition with bypassing capability. The company expanded globally, introducing the right-hand drive X9 MPV at the Singapore Motor Show and entering Belgium, Luxembourg, Ireland, and Finland markets.

XPENG (NYSE: XPEV) and Volkswagen Group China have signed a Memorandum of Understanding (MOU) to jointly develop one of China's largest super-fast charging networks. The strategic collaboration will provide mutual access to over 20,000 charging piles across 420 cities in China for customers of both companies.

The partnership leverages both companies' technological advantages in high-power liquid-cooled super-fast charging and their complementary coverage across China. The companies will also explore building co-branded super-fast charging stations to accelerate network expansion and improve operational efficiency.

This initiative marks the fourth milestone in the long-term strategic partnership between XPENG and Volkswagen Group, with both parties planning to explore additional strategic collaboration opportunities and technology partnerships.

XPENG has launched its latest global OTA software update, XOS 5.4, introducing advanced features for intelligent driving, safety, and personalization. The update, rolling out from January 2, 2025, includes the new 'AI Guard' system with Sentry Mode for vehicle monitoring and a Driving Recorder for real-time event capture.

Key improvements include voice control support in multiple languages (English, French, German, Cantonese, and Thai), Smart Speed Limit Recognition, and an enhanced Personalized Operating System 2.0 with multitasking capabilities. The update also features X-Combo for automating in-car tasks and refined charging visuals.

XPENG emphasizes its commitment to data privacy and security, maintaining compliance with EU regulations including GDPR, with EU customer data stored in AWS's Frankfurt data center.

XPENG reported strong delivery results for December 2024, with 36,695 Smart EVs delivered, marking an 82% year-over-year increase and 19% month-over-month growth. The company's Q4 2024 deliveries reached 91,507 units, up 52% year-over-year, exceeding their quarterly guidance. Full-year 2024 deliveries totaled 190,068 units, representing a 34% increase from 2023.

The MONA M03 model maintained strong performance, exceeding 10,000 deliveries for the fourth consecutive month and reaching its 50,000th vehicle production milestone in just four months. The P7+ model received its second OTA upgrade with XOS 5.5.0, introducing advanced smart driving features including the industry's first 'door-to-door' ADAS. XNGP's monthly active user penetration rate in urban driving reached 85.12% in December.

XPENG reported strong delivery results for November 2024, with 30,895 Smart EVs delivered, marking a 54% year-over-year increase and 29% growth from the previous month. The MONA M03 maintained over 10,000 deliveries for the third consecutive month, while the newly launched P7+ achieved 7,000 deliveries in its first 23 days. Year-to-date deliveries reached 153,373 units, up 26% year-over-year. The company's XNGP system achieved 85% monthly active user penetration in urban driving and expanded internationally into Nepal and UK markets. The G6 model received the 2024 Technology Frontrunner of the Year award in Denmark.

XPENG reported strong Q3 2024 financial results with total revenues reaching RMB10.10 billion (US$1.44 billion), up 24.5% quarter-over-quarter. The company delivered 46,533 vehicles, representing a 16.3% increase year-over-year. Notably, gross margin reached a historical high of 15.3%, improving 18.0 percentage points from the same period in 2023. Vehicle margin improved to 8.6% from -6.1% year-over-year. Despite improvements, the company recorded a net loss of RMB1.81 billion. For Q4 2024, XPENG expects deliveries between 87,000-91,000 vehicles and revenues of RMB15.3-16.2 billion.

XPENG has announced a strategic partnership with International Motors (IML) as its official UK distributor, planning to launch in early 2025 with the G6 mid-size SUV. IML, with nearly 50 years of experience, will establish a broad network for sales and after-sales services. The UK market entry aligns with the country's rapid EV adoption, supported by 62,536 public charging devices as of July 2024. The G6, featuring 800-volt supercharging and advanced AI technology, recently received a Euro NCAP 5-star safety rating. This expansion is part of XPENG's broader strategy to enter over 60 international markets by 2025, targeting 50% of sales from markets outside China.