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XPeng releases financial results for Q1 2021
XPeng Inc. (XPeng) released the financial results for the first quarter of 2021.
XPeng achieved CNY 2.951 billion in Q1 revenues, reflecting a year-over-year (y/y) increase of 616.1%. The automaker realized a gross margin of 11.2% and has a sufficient cash reserve of CNY 36.2 billion in the first quarter.
In the....
XPeng achieved CNY 2.951 billion in Q1 revenues, reflecting a year-over-year (y/y) increase of 616.1%. The automaker realized a gross margin of 11.2% and has a sufficient cash reserve of CNY 36.2 billion in the first quarter.
In the....
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