XPeng: Record Quarter, Robotaxis & Robots – but the Market Stumbles Over the Outlook

XPeng has delivered strong figures with its Q3 report for 2025 – and yet the stock has initially been penalized on the market. The Chinese electric vehicle manufacturer increased its revenue in Q3 to CNY 20.38 billion, a rise of 101.8% compared to the previous year, with deliveries of 116,007 vehicles, representing a growth of 149%. The gross margin climbed to 20.1%, surpassing the 20% mark for the first time, and the adjusted loss per ADS shrank to 0.16 CNY, significantly better than analysts’ expectations of CNY 0.57. Guidance dampens sentiment...