Xpeng (9868.xhkg) Stock Price Today — Live Chart and Analysis

2025 was a strong recovery year for XPeng. Deliveries reached 429,445 vehicles, up 126% from the previous year. Revenue grew 87.7% to RMB 76.7 billion, and overall margins improved. In Q4 2025, XPeng reported its first-ever quarterly profit (RMB 0.38 billion), compared to a loss a year earlier. Gross margin rose to 21.3% in that quarter. The company also expanded internationally, with nearly 45,000 vehicles delivered across 60 countries, making up over 15% of total revenue. XPeng ended the year with a strong cash position of RMB 47.7 billion. Growth was driven by new models like the MONA M03, which targets a more affordable segment, and the X9, which remains a premium offering. The rollout of its XNGP driver assistance system also accelerated, while the partnership with Volkswagen added both revenue and credibility. However, early 2026 showed some slowdown. Deliveries dropped to 35,267 units in the first two months, suggesting demand may have been pulled forward. Vehicle margins remain under pressure due to strong price competition in China’s EV market, and the company still reported a full-year net loss of RMB 1.14 billion in 2025. Key things to watch: growth in international markets, new model launches, and how XPeng monetises its autonomous driving technology.