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XPENG-W Plans to Launch New or Revamped Models Every Qtr Next Yr, He Xiaopeng Says in Internal Letter
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He Xiaopeng, Chairman and CEO of XPENG-W (09868.HK) (XPEV.US), released a 2025 New Year internal letter saying that XPENG-W experienced its darkest moments in 1H24, but it also broke historical records four times consecutively in 2H24. He hoped that the company could achieve steady progress in 2025. In addition, XPENG-W turned the tables in sales with the launch of two new models, MONA M03 and P7+, in 2H24. It achieved an around 20 ppt increase in GPM within a year and deepened its collaboration with Volkswagen. He also revealed that the company plans to launch new or revamped models every quarter in 2025 and recruit over 6,000 employees. AAStocks Financial News |
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