XPeng sees single-digit vehicle margin in 2022, expecting weak 1Q 2023

Peng Chen, DIGITIMES Asia, Taipei 0

Credit: XPeng

China-based XPeng finished 2022 with its vehicle margin decreasing from 11.5% to 9.4%. The EV company, which has been under an organization restructuring, plans to further its cost reduction efforts through technological innovation.

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