Core Viewpoint - Xiaopeng Motors reported strong financial performance for Q3 2025, achieving record revenue and significantly reduced losses, indicating a positive trend in the company's growth and operational efficiency [3][4]. Financial Performance - In Q3 2025, Xiaopeng Motors achieved revenue of 20.38 billion yuan, representing a year-on-year increase of 101.8% and a quarter-on-quarter increase of 11.5%, marking the highest quarterly revenue in the company's history [3]. - The company's loss narrowed to 380 million yuan, down from a loss of 480 million yuan in Q2 and 1.81 billion yuan in the same period last year, showcasing improved financial health [3]. Cash Reserves - As of the end of Q3 2025, Xiaopeng Motors' cash reserves increased to 48.33 billion yuan, up approximately 760 million yuan from Q2 [4]. Sales Performance - Xiaopeng Motors delivered a total of 116,000 vehicles in Q3 2025, a year-on-year increase of 149.3%. Monthly sales figures were as follows: July at 36,717 vehicles (up 229%), August at 37,709 vehicles (up 169%), and September at 41,581 vehicles (up 95%) [5]. - By the end of October, the cumulative sales for the year reached 355,000 vehicles, surpassing the initial target of 350,000 vehicles [5]. Future Projections - For Q4 2025, Xiaopeng Motors anticipates vehicle deliveries between 125,000 and 132,000, with a monthly average of 41,600 to 44,000 vehicles, representing a year-on-year growth of approximately 36.6% to 44.3%. Total revenue is projected to be between 21.5 billion and 23 billion yuan, reflecting a year-on-year increase of about 33.5% to 42.8% [5].
小鹏汽车业绩不错 三季度营收翻倍增长 已经提前完成销售目标