深夜大涨！千亿小鹏，大消息！

Core Viewpoint - Xiaopeng Motors achieved record high performance in Q2 2025, with expectations to surpass 40,000 monthly deliveries [1][4][10] Financial Performance - In Q2 2025, Xiaopeng Motors reported total revenue of 18.27 billion RMB, a year-on-year increase of 125.3% and a quarter-on-quarter increase of 15.6%, marking a historical high for a single quarter [5][9] - The company's gross margin reached 17.3%, an increase of 3.3 percentage points year-on-year and 1.7 percentage points quarter-on-quarter [8][9] - Net loss for Q2 2025 was 480 million RMB, significantly reduced from 1.28 billion RMB in Q2 2024 and 660 million RMB in Q1 2025 [8][9] Delivery and Production Outlook - Monthly delivery volume stabilized above 30,000 units in Q2 2025, with guidance indicating it will exceed 40,000 units in Q3 2025 [4][12] - The company aims for an average delivery volume of 38,200 to 40,700 units in August and September 2025 [12] - The launch of the new Xiaopeng P7 is expected to significantly boost sales, with pre-orders exceeding 10,000 units within 6 minutes and 37 seconds [12][13] Strategic Initiatives - Xiaopeng Motors plans to complete the upgrade of its new generation technology platform by 2025, creating a technological gap with competitors [4][10] - The company is entering a "self-sustaining" phase, with a goal to achieve quarterly profitability by Q4 2025 [8][10] - The introduction of the Xiaopeng X9, the first model in the "dual-energy" product cycle, is set for Q4 2025, along with several other high-performance electric vehicle models [15]