Cost ReductionXpeng’s new car under the Fuyao architecture will reduce costs by 25% due to the integrated powertrain, fewer sensors/chips in ADAS, and improved cooperation with its supply chain.
Market ExpansionManagement plans to extend its targeted overseas markets to over 20 countries from the initial focus on Nordic countries.
Revenue GrowthXPeng reported Q1 revenue of RMB 6.5bn, +62.3% YoY.