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XPeng Inc. Reports Robust Growth in Q4 and Fiscal Year 2024

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XPeng Inc. Reports Robust Growth in Q4 and Fiscal Year 2024

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XPeng, Inc. Class A ( (HK:9868) ) has issued an announcement.

XPeng Inc. reported a strong financial performance for the fourth quarter and fiscal year 2024, with significant increases in revenue, vehicle deliveries, and gross margins. The company achieved a 59.4% quarter-over-quarter increase in total revenues and a 34.2% year-over-year increase in vehicle deliveries, highlighting its robust growth and improved market positioning.

More about XPeng, Inc. Class A

XPeng Inc. is a leading Chinese company in the smart electric vehicle (Smart EV) industry, focusing on the development and sale of innovative electric vehicles. The company operates a substantial physical sales network and a wide-reaching charging station network across China.

YTD Price Performance: 100.96%

Average Trading Volume: 24,681,348

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$174.3B

See more data about 9868 stock on TipRanks’ Stock Analysis page.

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