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Before the US stock market, Xiaopeng released its Q1 financial report for 2021: revenue in the first quarter was 2.95 billion yuan, up 616% from the same period last year. Xiaopeng Motor (XPEV.US), which just announced its results, rose by more than 2% before trading, after falling nearly 3% at one point.
The net loss in the first quarter was 786.6 million yuan, compared with 649.8 million yuan in the same period last year; the gross profit margin in the first quarter was 11.2%
A total of 13340 vehicles were delivered in the first quarter, an increase of 487.4% over the same period last year, of which 5366 were delivered from G3 and 7974 from P7.
It is estimated that 15500-16000 vehicles will be delivered in the second quarter.
As of March 31, 2021, Xiaopeng's sales and service network has included 178 sales outlets and 61 service outlets, covering 70 cities.
As of March 31, 2021, supercharging stations under the Xiaopeng brand have been operated in 172 cities, covering 60 cities. $XPeng (XPEV.US)$
The net loss in the first quarter was 786.6 million yuan, compared with 649.8 million yuan in the same period last year; the gross profit margin in the first quarter was 11.2%
A total of 13340 vehicles were delivered in the first quarter, an increase of 487.4% over the same period last year, of which 5366 were delivered from G3 and 7974 from P7.
It is estimated that 15500-16000 vehicles will be delivered in the second quarter.
As of March 31, 2021, Xiaopeng's sales and service network has included 178 sales outlets and 61 service outlets, covering 70 cities.
As of March 31, 2021, supercharging stations under the Xiaopeng brand have been operated in 172 cities, covering 60 cities. $XPeng (XPEV.US)$
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