XPeng reports beat on strong deliveries, initiates guidance: Q4 Earnings

  • XPeng (XPEV -2.0%) has reported beat on both lines with revenue from vehicles sales of $1.28B (+199.3% Y/Y) in fourth quarter results.
  • Total Revenue of $1.34B (+200.1% Y/Y) beats consensus by $40M.
  • Vehicle deliveries increased 63% sequentially to 41,751 units in 4Q21. Deliveries exceeded the monthly

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