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CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS
¥ in Thousands
12 Months Ended
Dec. 31, 2024
CNY (¥)
¥ / shares
shares
Dec. 31, 2023
CNY (¥)
¥ / shares
shares
Dec. 31, 2022
CNY (¥)
¥ / shares
shares
Revenues      
Total revenues ¥ 40,866,309 ¥ 30,676,067 ¥ 26,855,119
Cost of sales      
Total cost of sales [1] (35,020,541) (30,224,912) (23,766,728)
Gross profit 5,845,768 451,155 3,088,391
Operating expenses      
Research and development expenses [1] (6,456,734) (5,276,574) (5,214,836)
Selling, general and administrative expenses [1] (6,870,644) (6,558,942) (6,688,246)
Total operating expenses [1] (13,327,378) (11,835,516) (11,903,082)
Other income, net 589,227 465,588 109,168
Fair value gain on derivative liability relating to the contingent consideration 234,245 29,339 0
Loss from operations (6,658,138) (10,889,434) (8,705,523)
Interest income 1,374,525 1,260,162 1,058,771
Interest expenses (343,982) (268,666) (132,192)
Fair value gain (loss) on derivative assets or derivative liabilities 0 (410,417) 59,357
Investment gain (loss) on long-term investments (261,991) (224,364) 25,062
Exchange (loss) gain from foreign currency transactions (49,543) 97,080 (1,460,151)
Other non-operating income, net 108,154 41,934 36,318
Loss before income tax (expenses) benefit and share of results of equity method investees (5,830,975) (10,393,705) (9,118,358)
Income tax (expenses) benefit 69,780 (36,810) (24,731)
Share of results of equity method investees (29,069) 54,740 4,117
Net loss (5,790,264) (10,375,775) (9,138,972)
Net loss attributable to ordinary shareholders of XPeng Inc. (5,790,264) (10,375,775) (9,138,972)
Other comprehensive income      
Foreign currency translation adjustment, net of tax 262,870 286,614 3,192,573
Total comprehensive loss attributable to XPeng Inc. (5,527,394) (10,089,161) (5,946,399)
Comprehensive loss attributable to ordinary shareholders of XPeng Inc. ¥ (5,527,394) ¥ (10,089,161) ¥ (5,946,399)
Weighted average number of ordinary shares, Basic | shares 1,891,357,212 1,740,921,519 1,712,533,564
Weighted average number of ordinary shares, Diluted | shares 1,891,357,212 1,740,921,519 1,712,533,564
Net loss per ordinary share, Basic | (per share) ¥ (3.06) ¥ (5.96) ¥ (5.34)
Net loss per ordinary share, Diluted | (per share) ¥ (3.06) ¥ (5.96) ¥ (5.34)
Vehicle [Member]      
Revenues      
Total revenues ¥ 35,829,402 ¥ 28,010,857 ¥ 24,839,637
Cost of sales      
Total cost of sales [1] (32,866,163) (28,457,909) (22,493,122)
Services and others [Member]      
Revenues      
Total revenues 5,036,907 2,665,210 2,015,482
Cost of sales      
Total cost of sales [1] ¥ (2,154,378) ¥ (1,767,003) ¥ (1,273,606)
[1] Share-based compensation was allocated in cost of sales and operating expenses as follows