Industry dynamics

Xpeng to report Q1 earnings on May 23

Publishtime:1970-01-01 08:00:00 Views:29

Xpeng delivered 34,561 vehicles in the first quarter, up 159 percent year-on-year and above the upper end of the guidance range of 33,500 to 34,000 vehicles.

Xpeng Motors (NYSE: XPEV, HKG: 9868) will report unaudited first-quarter earnings on Monday, May 23, before the US stock market opens, the company said today.

It has already released figures showing it delivered 34,561 vehicles in the first quarter, up 159 percent from a year ago and down 17 percent from the fourth quarter last year.

The deliveries exceeded the upper end of the company's previous guidance range for first-quarter deliveries of 33,500 to 34,000 vehicles.

Its revenue guidance for the first quarter was RMB 7.2 billion to RMB 7.3 billion, implying a year-on-year growth rate of about 144.0 percent to 147.4 percent.

Xpeng's management will host an earnings conference call at 8:00 am US Eastern Time on May 23, 2022 (8:00 pm Beijing/Hong Kong time on May 23, 2022).

Dial-in details for the earnings conference call are as follows:

United States: +1-833-350-1333

United Kingdom: +44-203-547-8612

International: +1-236-389-2427

Hong Kong, China: +852-3012-6671

Chinese mainland: 400-820-9391

Conference ID: 7028829

Participants should dial-in 5 minutes prior to the scheduled start time to be connected to the call.

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 two hours after the conclusion of the call until May 30, 2022, by dialing the following telephone numbers:

United States: +1-800-585-8367

International: +1-416-621-4642

Replay Access Code: 7028829