Chinese electric vehicle maker XPeng Inc. (XPEV) wrapped up 2025 with solid momentum, delivering 37,508 vehicles in December. That's a 2% bump from the same month last year, which might sound modest until you zoom out and look at the full-year picture.
The real story here is what happened over the entire year. XPeng's total 2025 deliveries surged 126% year-over-year to 429,445 vehicles. That's more than double what they moved in 2024, which is the kind of growth that gets investors paying attention in the crowded EV space.
The company also made serious headway internationally, shipping 45,008 vehicles overseas in 2025, up 96% from the previous year. By year-end, XPeng had expanded its presence to 60 countries and regions, positioning itself as a genuine global player rather than just a domestic Chinese manufacturer.
Beyond selling cars, XPeng invested heavily in infrastructure. The Tesla, Inc. (TSLA) rival added more than 1,100 self-operated charging stations during the year, bringing its total network to 3,000 locations. That's important because charging infrastructure remains a major hurdle for EV adoption, and owning your own network gives you control over the customer experience.
How XPeng Stacks Up Against Chinese Rivals
The competitive landscape in China's EV market is intense, and XPeng's peers also posted impressive December numbers. Li Auto Inc. (LI) delivered 44,246 vehicles in December 2025, crossing a major milestone by exceeding 1.5 million cumulative deliveries.
Meanwhile, Nio Inc. (NIO) reported a record 48,135 vehicle deliveries in December 2025, marking a 54.6% year-over-year increase. Those deliveries included 31,897 units under the NIO brand, 9,154 vehicles from the ONVO brand, and 7,084 FIREFLY vehicles, showcasing the company's multi-brand strategy.
Recent Financial Performance
XPeng's operational momentum showed up in its third-quarter financials released in November 2025. The company reported revenue of 20.38 billion Chinese yuan ($2.86 billion), representing a 101.8% year-over-year jump. That came in just slightly below the $2.87 billion consensus forecast, which is essentially a bullseye given the magnitude of growth.
On the bottom line, XPeng posted an adjusted net loss per ADS of 0.16 yuan, significantly better than the analyst consensus loss estimate of 0.47 yuan. In dollar terms, that translated to an adjusted loss of 2 cents per ADS.
XPEV Price Action: XPeng shares were up 1.58% at $20.60 during premarket trading on Friday, according to market data.
