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According to IT Home, in the third quarter of 2025, XPeng's first European localized production project was launched at the Magna Steyr plant in Graz, Austria, where the first batch of XPeng G6 and XPeng G9 vehicles were successfully mass-produced and rolled off the assembly line. In the future, more XPeng models will be produced at this factory.
In July of the same year, XPeng's first overseas intelligent manufacturing base officially commenced production, and the first Indonesian localized XPeng X9 was delivered to a local owner in Indonesia, marking a milestone in XPeng's global localized production strategy.
In May 2026, XPeng delivered a total of 32,158 new vehicles, a 4% increase from the previous month. Additionally, XPeng's gross margin for Q1 this year reached 20.6%, up 5 percentage points year-over-year; service and other revenue was 20.3 billion yuan, up 41.2% year-over-year; R&D investment was 29.1 billion yuan, up 46.8% year-over-year; cash on hand was 420.9 billion yuan. The delivery guidance for Q2 is 100,000 to 106,000 units, a sequential increase of 59.54% to 69.11%; revenue guidance is 19.6 to 20.8 billion yuan, a sequential increase of 50.38% to 59.59%.
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