Xpeng Motors released its third quarter financial report, with revenue of 10.1 billion yuan

Xpeng Motors recently released its third-quarter financial report, which showed that in the third quarter, Xpeng Motors' operating income was 10.1 billion yuan, a year-on-year increase of 18.4% and a month-on-month increase of 24.5%; among them, the automotive business revenue accounted for 8.8 billion yuan, an increase of 12.0% and 29.0% year-on-year and month-on-month respectively. In the third quarter, Xpeng Motors' net loss was 1.81 billion yuan, a significant narrowing from 3.89 billion yuan in the same period of 2023, but higher than 1.28 billion yuan in the second quarter.