XPeng Reports 331% Increase in Q1 2025 EV Deliveries

Shares of XPeng Inc. surged in Hong Kong trading after the company reported a remarkable 331% increase in quarterly Smart EV deliveries, totaling 94,008 vehicles for Q1 2025. The delivery results also highlighted a monthly active user penetration rate of 86% for its advanced driving system in urban settings. Analysts have varied opinions on XPeng's stock, with an average rating of 'Hold' and a price target of $22.20, while some firms have upgraded their ratings to 'buy' or 'strong buy.' Despite recent volatility, XPeng shares rose 5.3% after a period of seven consecutive losses, reflecting a year-to-date increase of 74.5%. The company's growth comes amid broader market scrutiny on Chinese EV makers, particularly due to looming U.S. tariffs on Chinese auto imports. XPeng continues to expand its global presence, recently entering the Indonesian market and launching new vehicle models equipped with advanced AI features.