Xpeng Posts Maiden Quarterly Profit on Tech Partnership
Xpeng reported a quarterly profit of 383.21 million yuan, its first ever. Strong sales of premium models and tech fees from Volkswagen drove the turnaround.
Xurve View
洞察:
Xurve View
The electric vehicle manufacturer China's Xpeng has reported its first-ever quarterly profit, driven by strong sales of high-margin models and strategic technology partnerships. The company posted a net profit of 383.21 million yuan for the fourth quarter, a significant turnaround from the 1.33 billion yuan loss recorded during the same period in the previous year.
