Tesla's Chinese EV rival XPeng (XPEV) Gains Despite a Lower Q1 Delivery Guide
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XPeng Reports Fourth Quarter and Fiscal Year 2020 Unaudited Financial Results
March 8, 2021 4:45 AM ESTQuarterly total revenues reached RMB2,851.4 million (US$437.0 million) Quarterly deliveries were 12,964 vehicles Quarterly gross margin reached 7.4% Full year total revenues reached RMB5,844.3 million (US$895.7 million) Full year deliveries were 27,041 vehicles Full year gross margin reached 4.6%
GUANGZHOU, China--(BUSINESS WIRE)-- XPeng Inc. (XPeng or the Company, NYSE: XPEV), a leading Chinese smart electric vehicle (Smart EV) company, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2020.
Fourth Quarter 2020 Operational and Financial... More
