Xpeng Motors reported a gross margin of 6.2% for the October-December period on Lee DoTuesday, better than analysts expected and a solid improvement over the -2.7% for the third quarter of 2023, as the Chinese startup delivered a record 60,158 electric vehicles driven by year-end promotions. The company also achieved a positive vehicle margin of 4.1%, up from -2.7% three months earlier but far behind Li Auto’s 22.7% and NIO’s 11.9% over the same period. Xpeng expects its partnership with Volkswagen to generate revenues and make a “positive impact” on its margin starting in 2024, as the German automaker announced plans last July to develop two new electric models based on Xpeng’s vehicle platform. The EV maker said it will also benefit from a joint sourcing program for vehicle components with VW, as these costs will decline over time to a “competitive level in the market,” according to Vice President Charles Zhang. Its annual loss widened to RMB 10.38 billion ($1.46 billion) last year from RMB 9.14 billion, while Li Auto posted its first annual profit with a net income of RMB 11.8 billion. [Xpeng release]
'EA Sports College Football 25' gets July release dateNvidia CEO makes first post'Babes' star Michelle Buteau retells her first ever jokeLuckin Coffee creates a noChina’s SAIC continues restructuring efforts after lackluster sales: report · TechNodeA big shark and a large squid fought in the deep seaJD says nearly 100 couriers have earned more than one million yuan in three years · TechNodeHuawei sets up smart car subsidiary, selling shares to Changan and more · TechNodeElon Musk tells employees Starship rocket is 'top SpaceX priority''GTA 6' 2025 release date window confirmed by Rockstar GamesLuckin Coffee creates a noHow to turn off Google AI Overviews'Babes' star Michelle Buteau retells her first ever jokeHow to split screen on MacBest smartphone deal: Get the Samsung Galaxy S24 Ultra for $200 off at Amazon.TuSimple shifts to Asia Pacific amid Nasdaq delisting · TechNodeTesla exports materials from China for 4680 battery production in Texas: report · TechNodeWordle today: The answer and hints for May 17JD says nearly 100 couriers have earned more than one million yuan in three years · TechNodeConner O'Malley's new standup special is a scathing critique of our AI reality AI has been quietly enhancing your work life for years Redux: The One Who Outlives All the Cowards by The Paris Review Tim Rollins and K.O.S. by Angel Abreu Therapy Jeff teams up with WhatsApp on attachment styles Jordan Peele and Hideo Kojima are collaborating on a horror game Old Ghosts by The Paris Review The Hidden Harper Lee by Casey N. Cep Score Solawave's Advanced Skincare Wand and Serum Kit for $169 Best smartwatch deal for runners: The Garmin Forerunner 745 is down to a record Child influencers in Illinois can now sue their parents Do you know who's posting photos of your child on social media? The Ideal Place to Disappear: An Interview with Julia Phillips by Jennifer Wilson NYT's The Mini crossword answers for December 8 Poetry Rx: Then the Letting Go by Claire Schwartz Wordle today: The answer and hints for December 7 Best BLACK+DECKER deal: Get a vacuum for 27% off Who Gets to Be Australian? by Nam Le Daša Drndić's ‘EEG’ and the Joys of Pessimism by Dustin Illingworth Disney+ is cracking down on password sharing now too Visual Magicians in the Hills of Connecticut by Robert Pranzatelli
2.1496s , 10092.9375 kb
Copyright © 2025 Powered by 【Lee Do】,New Knowledge Information Network