1、XPENG Reports Fourth Quarter and Fiscal Year 2024 Unaudited Financial ResultsMarch 18,2025Cash and cash equivalents,restricted cash,short-term investments and time deposits were RMB41.96 billion(US$5.75billion)as of December 31,2024Quarterly total revenues were RMB16.11 billion,a 59.4%increase quart

2、er-over-quarterQuarterly gross margin was 14.4%,an increase of 8.2 percentage points over the same period of 2023Quarterly vehicle margin was 10.0%,an increase of 5.9 percentage points over the same period of 2023Full year vehicle deliveries reached 190,068,a 34.2%increase year-over-yearFull year re

3、venues reached RMB40.87 billion,a 33.2%increase year-over-yearFull year gross margin was 14.3%,an increase of 12.8 percentage points year-over-yearGUANGZHOU,China,March 18,2025(GLOBE NEWSWIRE)-XPeng Inc.(“XPENG”or the“Company,”NYSE:XPEV and HKEX:9868),a leadingChinese smart electric vehicle(“Smart E

4、V”)company,today announced its unaudited financial results for the three months and fiscal year endedDecember 31,2024.Operational and Financial Highlights for the Three Months Ended December 31,2024 2024Q42024Q32024Q22024Q12023Q42023Q3 Total deliveries91,50746,53330,20721,82160,15840,008 Total deliv

5、eries of vehicles were 91,507 for the fourth quarter of 2024,representing an increase of 52.1%from 60,158 inthe corresponding period of 2023.XPENGs physical sales network had a total of 690 stores,covering 226 cities as of December 31,2024.XPENG self-operated charging station network reached 1,920 s

6、tations,including 928 XPENG S4 and S5 ultra-fastcharging stations as of December 31,2024.Total revenues were RMB16.11 billion(US$2.21 billion)for the fourth quarter of 2024,representing an increase of 23.4%from the same period of 2023,and an increase of 59.4%from the third quarter of 2024.Revenues f