XPeng Motors reported a significant increase in its first-quarter revenue, reaching RMB 15,810 million, up 141.5% year-over-year. The company also saw a substantial rise in vehicle deliveries, with 94,008 units delivered in Q1 2025, marking a 330.8% increase from the previous year. Despite the revenue growth, XPeng reported a net loss of RMB 660 million for the quarter, though this represents the lowest net loss in five years, indicating a narrowing of losses compared to previous periods. The company's gross margin for the first quarter stood at a record high of 15.6%, an improvement from both the previous year and the last quarter of 2024. XPeng's outlook for the second quarter is optimistic, with expected revenue between RMB 17,500 million and RMB 18,700 million and vehicle deliveries projected to be between 102,000 and 108,000 units. This follows seven consecutive quarters of vehicle growth margin increase, showcasing the company's operational efficiency. XPeng's stock price reacted positively to the earnings report, rising over 7% on the news. The company's performance has contributed to a 66% rally in its share price year-to-date, reflecting investor confidence in XPeng's growth trajectory and its strategic initiatives in the competitive Chinese electric vehicle market. XPeng is set to launch the MONA M03 MAX next week, with the G7 and P7 models to follow, aiming for an annual delivery target of 400,000 vehicles. The company, valued at $19 billion, is a premium vehicle seller and has been expanding its sales network.