XPeng Inc ADR

XPEV: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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XPeng Earnings: Revenue in Line; Vehicle Margin Slightly Missed but Guided to Further Expand

Vincent Sun

Nov 20, 2024

XPeng’s third-quarter revenue was 7% above the midpoint of guidance but largely in line with our expectations. Thanks to larger vehicle deliveries and lower battery costs, vehicle margin recovered further to 8.6% from 6.4% last quarter.

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XPeng Inc ADR

XPeng Earnings: Revenue in Line; Vehicle Margin Slightly Missed but Guided to Further Expand

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