🔴 Xpeng is trading 5.7% down in pre-market after net loss jumped 179% year over year

Xpeng is trading 5.7% down at $11.50 in pre-market after its August 24, 2026 earnings report showed a 179% year-over-year increase in net loss to 1.34 billion yuan.

• Revenue was 19.74 billion yuan; vehicle margin fell to 12.1% from 14.3% a year earlier.
• Research and development expenses rose 32.1%, while gross margin improved to 20.7%.
• Robotics funding provided a positive counterpoint.