Xpeng expects to break even for single quarter sometime in 2025, CEO says

CnEVPost02-07 22:05

This is the first time Xpeng's management has mentioned a timeline for reaching breakeven. Xpeng CEO He Xiaopeng told Nio CEO William Li that he should personally oversee the supply chain business. ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2509747255?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-07 22:05","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2509747255","market":"us","top_or_hot":-1,"title":"Xpeng expects to break even for single quarter sometime in 2025, CEO says","media":"CnEVPost","content":"<div>\n<p>This is the first time Xpeng's management has mentioned a timeline for reaching breakeven.\nXpeng CEO He Xiaopeng told Nio CEO William Li that he should personally oversee the supply chain business.\n\n\n...</p>\n\n<a href=\"https://cnevpost.com/2025/02/07/xpeng-expects-break-even-single-quarter-2025/\">Source Link</a>\n\n</div>\n","source":"cnevpost_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Xpeng expects to break even for single quarter sometime in 2025, CEO says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXpeng expects to break even for single quarter sometime in 2025, CEO says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-02-07 22:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://cnevpost.com/2025/02/07/xpeng-expects-break-even-single-quarter-2025/><strong>CnEVPost</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This is the first time Xpeng's management has mentioned a timeline for reaching breakeven.\nXpeng CEO He Xiaopeng told Nio CEO William Li that he should personally oversee the supply chain business.\n\n\n...</p>\n\n<a href=\"https://cnevpost.com/2025/02/07/xpeng-expects-break-even-single-quarter-2025/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://cnevpost.com/2025/02/07/xpeng-expects-break-even-single-quarter-2025/","article_id":"2509747255","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2509747255","pubTimestamp":1738937158,"columns":[],"sourceInfo":{"source_id":"cnevpost_highlight","name":"CnEVPost"},"weMediaInfo":null,"summary":"Xpeng CEO He Xiaopeng also told Nio CEO William Li that he should personally oversee the supply chain business.","collect":0,"end_time":0,"defaultTopTitle":"cnevpost.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"小鹏汽车首席执行官表示，预计在2025年某个时候实现单季度收支平衡","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XPEV":1,"NIO":1,"LI":1,"NIO.SI":0.6,"EVS.SI":0.6,"09866":0.6},"content_text":"This is the first time Xpeng's management has mentioned a timeline for reaching breakeven.\nXpeng CEO He Xiaopeng told Nio CEO William Li that he should personally oversee the supply chain business.\n\n\n(File photo shows Xpeng chairman and CEO He Xiaopeng. Image credit: Xpeng)\nXpeng (NYSE: XPEV) expects to see single-quarter break-even for the first time this year, as its deliveries have remained strong over the past few months.\nThe electric vehicle (EV) maker's chairman and CEO He Xiaopeng mentioned the goal in an interview with local media outlet LatePost, the first time Xpeng's management has talked about a timetable for reaching breakeven.\n“We expect to be able to break even for a single quarter sometime in 2025,” Mr. He said, according to the text of the interview released today.\n\n\nJoin us on \nTelegram\n or \nGoogle News\n\n\n\nHe said this when asked if Xpeng would achieve scale through low gross margins. “Low gross margin is just a process, [we] must not be low gross margin in the future,” he said.\nMr. He's comments come as Xpeng maintained strong deliveries in January, while major local peers saw weak performance.\nThe company delivered 30,350 vehicles in January, the third consecutive month above the 30,000 mark, according to figures it released on February 1.\nThat's up 267.88 percent from 8,250 a year ago, though down 17.29 percent from 36,695 in December.\nEarlier today, Li Auto (NASDAQ: LI) released figures for insurance registrations by major carmakers in Weeks 4-5 of 2025 -- January 20 to February 2 -- that showed Xpeng at No. 1 among new carmakers with 11,100 units.\nThis is the second time Xpeng has been No. 1 on the list, the last time being the week ending January 5.\nIn the interview with LatePost, Mr. He mentioned that a company should make money first and then spend it instead of relying on financing.\nHe also mentioned the importance of managing the supply chain as a CEO, claiming that some of the people working in procurement at the company worked together to deceive him.\n“I also said to Li Bin that you have to personally manage the supply chain and you have to understand it. It doesn't work if you don't personally manage it or if you don't understand it,” Mr. He said.\nLi Bin, or William Li, founder, chairman, and CEO of Nio (NYSE: NIO), said in an earnings call last November 20 that Nio was aiming for a full-year profitability in 2026.\nXpeng CEO says confident of doubling deliveries in 2025\n\n\nFollow us by email: \n\n\n\n\n\n    Get Newsletter\n  \n\n\n\n\n\nRelated posts on CnEVPost\n\n\n\n\n \n\n\nXpeng to achieve L3 autonomous driving in H2 2025, CEO says in internal letter\n\n\n\n\n\n \n\n\nXpeng CEO says confident of doubling deliveries in 2025\n\n\n\n\n\n \n\n\nXpeng rolls out 0 down payment, up to 5 years of 0 interest financing in revived price war\n\n\n\n\n\n \n\n\nXpeng delivers 30,350 cars in Jan, overtaking Li Auto for 1st time in over 2 years\n\n\n\n\nShare this post:XFacebookTelegramReddit\">RedditLinkedInPocketEmailWhatsAppPrintThreads","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2509747255"}