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1、XPENG Reports First Quarter 2025 Unaudited Financial ResultsMay 21,2025Cash and cash equivalents,restricted cash,short-term investments and time deposits were RMB45.28 billion(US$6.24billion)as of March 31,2025Quarterly total revenues were RMB15.81 billion,a 141.5%increase year-over-yearQuarterly gr

2、oss margin was 15.6%,an increase of 2.7 percentage points over the same period of 2024Quarterly vehicle margin was 10.5%,an increase of 5.0 percentage points over the same period of 2024GUANGZHOU,China,May 21,2025(GLOBE NEWSWIRE)-XPeng Inc.(“XPENG”or the“Company,”NYSE:XPEV and HKEX:9868),a leadingCh

3、inese smart electric vehicle(“Smart EV”)company,today announced its unaudited financial results for the three months ended March 31,2025.Operational and Financial Highlights for the Three Months Ended March 31,2025 2025Q12024Q42024Q32024Q22024Q12023Q4 Total deliveries94,00891,50746,53330,20721,82160

4、,158 Total deliveries of vehicles were 94,008 for the first quarter of 2025,representing an increase of 330.8%from 21,821 inthe corresponding period of 2024.XPENGs physical sales network had a total of 690 stores,covering 223 cities as of March 31,2025.XPENG self-operated charging station network re

5、ached 2,115 stations,including 1,089 XPENG S4 and S5 ultra-fastcharging stations as of March 31,2025.Total revenues were RMB15.81 billion(US$2.18 billion)for the first quarter of 2025,representing an increase of 141.5%from the same period of 2024,and a decrease of 1.8%from the fourth quarter of 2024

6、.Revenues from vehicle sales were RMB14.37 billion(US$1.98 billion)for the first quarter of 2025,representing anincrease of 159.2%from the same period of 2024,and a decrease of 2.1%from the fourth quarter of 2024.Gross margin was 15.6%for the first quarter of 2025,compared with 12.9%for the same per