[Automotive: XPeng Group Reports Q1 Revenue Of 13.03 Billion Yuan, Gross Margin Of 20.6%]

Published: May 29, 2026 15:52

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On May 28, XPeng Group released its first quarter financial report for 2026. In the first quarter of 2026, XPeng Group's total quarterly revenue was 13.03 billion yuan, with a quarterly gross margin of 20.6%, an increase of 5.0 percentage points compared to the same period in 2025. Quarterly deliveries reached 62,682 vehicles. Service and other income amounted to 2.03 billion yuan, a year-on-year increase of 41.2%. Quarterly research and development investment was 2.91 billion yuan, a year-on-year increase of 46.8%. As of March 31, 2026, cash on hand was 42.09 billion yuan.

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