### Recent XPeng News from April 11, 2025
Below are the key updates about the Chinese electric vehicle (EV) manufacturer XPeng from today’s news:
### XPeng’s Q1 2025 Performance
– XPeng delivered 98,008 vehicles in Q1 2025, marking a 331% year-over-year (YOY) increase. In March alone, XPeng delivered 33,205 units, which represents a 268% YOY growth.
– These figures showcase impressive growth compared to competitors like Tesla, which saw an 11% YOY decline in the Chinese market during the same period[1].
### Updates on the 2025 X9 MPV
– XPeng began pre-sales for the updated 2025 X9 MPV, which features 496 hardware and design upgrades aimed at improving comfort and performance. A notable update is transitioning to a vision-based driver assistance system, replacing LiDAR.
– The pre-sale starting price of RMB 399,800 ($54,500) is 11.1% higher than the previous model. The official launch is scheduled for May 15, 2025[4][8].
### Market Response and Stock Updates
– XPeng’s stock (XPEV) has shown volatility recently, pulling back from a year-to-date high. However, technical indicators suggest a potential bullish breakout fueled by strong growth in deliveries and improvements in gross margins[1][7].
### Expansion into Flying Cars
– XPeng AeroHT, a subsidiary focusing on flying cars (eVTOLs), announced significant investments to develop this sector. Their first mass-market flying car, priced below RMB 2 million, is set for delivery in 2026. Nearly 5,000 pre-orders have already been received, indicating strong demand[10].
### Weekly EV Registrations in China
– In the first week of April 2025, XPeng saw an increase in weekly EV registrations in China, up 21% from the previous week, totaling 7,500 registrations. This growth contrasts with competitors like Tesla and BYD, which experienced declines during the same period[3].
XPeng is making substantial strides in the EV and emerging flying car markets, characterized by robust sales growth, innovative product updates, and strategic positioning in China’s competitive automotive landscape.