The secret behind Xpeng Motors' sales growth

Xpeng Motors' sales growth in 2025 is mainly due to its strong new car cycle and the optimization of its store structure. The number of Xpeng Motors' stores has surged from about 300 in Q3 2023 to more than 500 in Q4 2024, especially in lower-tier cities. In addition, Xpeng Motors' new car cycle is strong, and store efficiency tends to grow steadily in 2025. The annual store efficiency is expected to be 52.1 vehicles/(store*month), corresponding to domestic sales of 469,000 vehicles.