Xpeng Motors releases second quarter 2024 financial data, with revenue up 60.2%

Xpeng Motors recently announced its financial data for the second quarter of 2024, with total revenue reaching 8.11 billion yuan, a year-on-year increase of 60.2%. Although the net loss was 1.28 billion yuan, it was significantly narrowed compared with the net loss of 2.8 billion yuan in the same period last year. Automobile sales revenue was 6.82 billion, up 54.1% year-on-year, and the corresponding total vehicle deliveries in the second quarter were 30,207, an increase of 30.2% from 23,205 in the same period last year. Currently, Xpeng Motors has 611 physical sales stores and a self-operated charging station network of 1,298 charging stations.