XPeng reported first-half 2026 revenue of RMB 32.78 billion, down 3.8% year over year. Its net loss widened to RMB 3.12 billion from RMB 1.14 billion in the first half of 2025.
Vehicle deliveries fell 15.8% to 165,977 units over the six-month period, primarily driving the weaker performance amid increasing competition in the EV market. Revenue from vehicle sales declined 10.3%.
Revenue from services and other sources increased 67.1%, aided by technical R&D services.