Xpeng's revenue in the first quarter was 4 billion, 1/3 of which was invested in R&D. He Xiaopeng: Relying on technology to return to the peak in the fourth quarter

Xpeng Motors reported revenue of 4 billion yuan in the first quarter, one-third of which was spent on research and development. He Xiaopeng, the company's founder, said that with technological innovation, Xpeng Motors will return to the top of the market in the fourth quarter.