Home / Business and Economy / Xpeng Motors Surges Ahead: Chinese EV Startup Defies Industry Slump
Xpeng Motors Surges Ahead: Chinese EV Startup Defies Industry Slump
22 Aug
Summary
- Xpeng Motors' YTD gains reach 93% in 2025
- Strong deliveries and improved financials drive Xpeng's outperformance
- Xpeng to launch new models, expand internationally, and tap into popular EREV segment
In the midst of a price war plaguing the Chinese electric vehicle (EV) industry, Xpeng Motors (XPEV) has emerged as a standout performer in 2025. The company has recorded an impressive year-to-date gain of 93%, outpacing its startup peers like Nio (NIO) and Li Auto (LI), as well as industry giant Tesla (TSLA).
Xpeng's success can be attributed to its strong delivery ramp-up and improved financial performance. The company's monthly deliveries, currently in the 30,000s, are expected to surpass 40,000 beginning in September as it starts delivering the refreshed P7 model, for which it has received record-high pre-orders. Additionally, Xpeng plans to introduce its first extended-range electric vehicle (EREV), the X9 Kunpeng Super Electric Edition, in December, further expanding its product portfolio and addressing the growing demand for EREVs in China.
Beyond its domestic market, Xpeng has also made strides in its international expansion. Despite facing tariffs in several regions, including Europe, the company's overseas sales more than tripled in the first half of 2025, making it the top-selling Chinese startup EV brand in 10 markets, including Norway and France. This international success has helped Xpeng solidify its position as a rising force in the global EV landscape.
