Gasgoo Munich- XPENG delivered 27,415 vehicles in March, an 80% surge from February, according to official figures obtained by Gasgoo on April 1. The X9 model alone accounted for 3,075 units, pushing its global total past 55,000. With standard rear-wheel steering and power-folding third-row seats, the X9 has carved out a solid niche in the high-end family market.
Image Source: XPENG
The financials tell a more compelling story. Fourth-quarter revenue hit 22.25 billion yuan with a net profit of 380 million, marking the first profitable quarter. R&D spending for the full year climbed 47% to 9.49 billion yuan. After years of burning cash, a gross margin of 18.9% signals a decisive turning point.
March was packed with strategic moves. The second-generation VLA autonomous driving system launched for test drives across 732 stores, doubling daily test volume month-on-month. The P7 lineup added Max and Ultra SE trims starting at 203,800 yuan. Meanwhile, the G6 Super Extended Range version launched at 186,800 yuan, squarely targeting range and charging efficiency.
The co-developed model with Volkswagen, the ID.UNYX 08, entered production at VW Anhui — just 24 months from signing to mass production. Featuring standard XPENG VLA and Turing chips, this marks a tangible step in the company's technology export strategy.
The company changed its Chinese corporate name from "XPENG Motors" to "XPENG Group." The rebranding signals an expansion of its business boundaries.
On the international front, the G6 starts at around 310,000 yuan in Mexico, with the G9 at roughly 420,000 yuan. More notably than the sales themselves, the company has established a 1,000-square-meter parts warehouse there — a strategic move to localize the supply chain.
On the technology front, XPENG released a technical report on its X-World world model. Built on video diffusion technology, the model supports closed-loop simulation, online reinforcement learning, and data generation for autonomous driving — and has already been integrated into the development and verification of the second-generation VLA system.
