1 of 1
Story summary
- Xpeng Group reported Q2 revenue of 19.74 billion yuan, up 8% year-over-year.
- Net loss widened to 1.34 billion yuan, 179% higher than a year earlier.
- Consolidated gross margin rose to 20.7% while vehicle margin fell to 12.1%.
- Overseas sales hit 20,000 units, up 81% year-over-year and over 25% of half-year revenue.
- Dogotix secured $900 million funding at a $6.3 billion valuation.
