Detail akcie XPeng ADS-A online

Business Summary: Xpeng Inc is a China-based company engaged in design, development, production and sales of smart electric vehicles (Smart EV). The Company's primary products are environmentally friendly vehicles, namely an SUV (the G3) and a four-door sports sedan (the P7). The Company’s Smart EVs primarily target the mid- to high-end segment in China’s passenger vehicle market. The Company aims developing full-stack autonomous driving technology, in-car intelligent operating system and core vehicle systems in-house through the its proprietary software, core hardware and data technologies. The Company sells its vehicle products under the brand Xpeng. It also provides a range of services to the clients, including supercharging service, maintenance service, ride-hailing service and vehicle leasing service.
Financial Summary: BRIEF: For the three months ended 31 March 2024, Xpeng Inc - ADR revenues increased 62% to RMB6.55B. Net loss decreased 41% to RMB1.37B. Revenues reflect Vehicle sales increase of 58% to RMB5.54B, Services and others increase of 93% to RMB1B. Lower net loss reflects Interest Income increase of 33% to RMB398.6M (income), other income increase from RMB30.1M to RMB74M (income).