Xpeng delivered 29,570 vehicles in the third quarter, up 15.21 percent from the same period last year and down 14.10 percent from the second quarter.
Xpeng Motors will report unaudited third-quarter earnings before the US stock market opens on Wednesday, November 30, the company said today.
Xpeng has previously reported data showing it delivered 29,570 vehicles in the third quarter, up 15.21 percent from 25,666 in the same period last year and down 14.10 percent from 34,422 in the second quarter.
The company previously guided for third-quarter deliveries of 29,000 to 31,000 vehicles. It guided for third-quarter revenue of RMB 6.8 billion to RMB 7.2 billion, implying a year-on-year increase of 18.9 percent to 25.9 percent.
Xpeng reported a net loss of RMB 2.7 billion on revenue of RMB 7.44 billion in the second quarter, with a gross margin of 10.9 percent.
The company's management will host an earnings conference call at 8:00 am US Eastern Time on November 30, 2022 (9:00 pm Beijing/Hong Kong time on November 30, 2022).
Xpeng's ongoing organizational restructuring is nearing completion, local media Cailian reported yesterday, citing sources familiar with the matter.
The company has appointed former brand head Li Pengcheng as assistant to the CEO last week, reporting to chairman and CEO He Xiaopeng, according to the report, which provided no further details.
The company's organizational changes and the performance of the new SUV G9 after its official launch are expected to be in the spotlight during the call.
For participants who wish to join the call by phone, they will need to access the link provided below to complete the pre-registration and dial in 5 minutes prior to the scheduled call start time. Upon registration, each participant will receive dial-in details to join the conference call.
Event Title: Xpeng Inc. Third Quarter 2022 Earnings Conference Call
Pre-registration link: https://s1.c-conf.com/diamondpass/10026490-ruq1yn.html
Additionally, a live and archived webcast of the conference call will be available on the company's investor relations website at http://ir.xiaopeng.com.
A replay of the conference call will be accessible approximately an hour after the conclusion of the call until December 7, 2022, by dialing the following telephone numbers:
United States: +1-855-883-1031
International: +61-7-3107-6325
Hong Kong, China: 800-930-639
Chinese mainland: 400-120-9216
Replay PIN: 10026490
Before Xpeng reports its third-quarter earnings, its local counterpart Nio will announce its third-quarter results on Thursday, November 10, and here's a preview.
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