- Quarterly vehicle deliveries reached 17,398, a 439% increase year-over-year
- Quarterly total revenues reached RMB3,761.3 million, a 536.7% increase year-over-year
Quarterly gross margin reached 11.9%
Basic and diluted net loss per American depositary share (ADS) were both RMB1.50 (US$0.23) for the second quarter of 2021. Non-GAAP basic and diluted net loss per ADS were both RMB1.38 (US$0.21) for the second quarter of 2021.
Pari pointtia callista. Agentti kuuntelee ja heittelee onelinereita :
Zhaoqing factory will reach 150,000 production capacity in Q3 this year.
Expansion to 200,000 will be completed in end Q2 2022.
The Guangzhou factory will start production in Q3 2022.
Overseas expansion in 2021 and 2022 will just be to establish a presence and get the foundations established. They will ramp up overseas deliveries in early 2023.
Chip shortage will affect near term numbers.
There will be an event/announcement in October this year.
Covid may also affect numbers if there’s any resurgence that forces some of their tier 1 or tier 2 suppliers to shut operations temporarily.
XPeng has vip preference treatment from suppliers because they see XPeng as leading tech and high margin customer, so xpeng is able to work around shortages more easily.
P5 preorders are increasing every month since it was announced.
They have also prepared the orders for p5 parts in advance so p5 is less likely to be affected by supply issues and they will be able to anticipate p5 demand and deliveries more accurately moving forward.
The new platform to be manufactured in Guangzhou will be a high end model. Caters to domestic and global market. It’s easier to build it for left or right hand drive.
EV market is increasing faster than they expect. They will increase investment pace. R&d expense will reach 4b rmb this year.
Data security policy favors XPeng because they have focused on this from the beginning and already comply with it.
XPeng will try both distributer and also open their own stores. A hybrid model. To see which one is better. For overseas distribution.
Xpilot 3.5 will be priced higher than 3.0.
3.0 pricing will be maintained.
XPeng will sell cars that are up to 500k RMB range.
Their current p7 sells at 300k. But the price is because of improved tech and not really about better service.
Flying cars will sell at between 500k to 1m rmb.
Will invest in more service stores and chargers as they see a pattern that as these increase, sales also increases.
Still aiming to be the number 1 or 2 for every vehicle class. P7 and G3 are currently top1/2 best sellers in their respective class.