Reported 1 day ago
Xpeng, the Chinese electric vehicle manufacturer, is anticipated to achieve profitability by the end of 2025, according to President Brian Gu. He cited strong demand for new models and expansion into international markets as key factors. This milestone, if reached, would make Xpeng the first Chinese automaker to profit primarily from electric vehicle sales, with plans for new model launches and increased R&D investments in AI and smart driving systems to bolster growth.
Source: YAHOO