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XPeng, a Chinese electric vehicle maker, reports strong Q4 earnings and forecasts a big Q1 revenue increase.
Chinese electric vehicle maker XPeng reported strong Q4 2024 earnings, with revenue up 23% to $2.2 billion and vehicle deliveries up 52% to 91,507.
Despite a net loss of $184 million, XPeng forecast a significant Q1 2025 revenue increase to $1.5-$1.57 billion and a delivery surge to 91,000-93,000 vehicles.
The company plans to expand to 60 countries by 2025 and aims to break even in 2025.
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XPeng, un fabricante chino de vehículos eléctricos, informa de fuertes ganancias Q4 y prevé un gran aumento de ingresos Q1.