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Borrowings (Tables)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Summary Of Borrowings
Borrowings consisted of the following:
 
 
  
As of December 31,
 
 
  
2023
 
  
2024
 
Current
     
Short-term borrowings:
     
Bank loans
(i)
     3,889,100        4,609,123  
Long-term borrowings, current portion:
     
Bank loans
(ii)
     934,976        1,188,998  
Asset-backed securities
(iii)
     185,864        587,470  
Asset-backed notes
(iv)
     242,995        82,145  
  
 
 
    
 
 
 
Total current borrowings
     5,252,935        6,467,736  
  
 
 
    
 
 
 
Non-Current
     
Long-term borrowings:
     
Bank loans
(ii)
     5,562,837        5,431,711  
Asset-backed securities
(iii)
     —         232,807  
Asset-backed notes
(iv)
     87,945        —   
  
 
 
    
 
 
 
Total
non-current
borrowings
     5,650,782        5,664,518  
  
 
 
    
 
 
 
Total borrowings
     10,903,717        12,132,254  
  
 
 
    
 
 
 
Summary Of Bank Loans
 
  
 
  
As of December 31, 2023
 
 
As of December 31, 2024
 
Ref.
  
Company
  
Outstanding
loan
 
  
Current
portion
according
to the
repayment
schedule
 
  
Long-term
portion
 
  
Effective
interest
rate
 
 
Outstanding
loan
 
  
Current
portion
according to
the
repayment
schedule
 
  
Long-term
portion
 
  
Effective
interest
rate
 
1    Zhaoqing XPeng      2,174,200        681,400        1,492,800        3.84  
 
1,491,800
 
  
 
234,800
 
  
 
1,257,000
 
  
 
4.05
2    Zhaoqing Xiaopeng New Energy      1,253,125        124,300        1,128,825        3.06  
 
1,241,825
 
  
 
743,325
 
  
 
498,500
 
  
 
3.04
3    Guangzhou Xiaopeng Automobile Finance Leasing Co., Ltd.      175,000        17,500        157,500        3.80  
 
157,500
 
  
 
17,500
 
  
 
140,000
 
  
 
3.80
4    Xiaopeng Technology      —         —         —         —     
 
500,000
 
  
 
2,000
 
  
 
498,000
 
  
 
2.35
5    Wuhan Xiaopeng      2,035,520        101,776        1,933,744        4.47  
 
2,077,006
 
  
 
174,906
 
  
 
1,902,100
 
  
 
3.81
6    Guangzhou Pengyue Automobile Development
Co., Ltd.
     21,110        —         21,110        3.75  
 
323,720
 
  
 
6,467
 
  
 
317,253
 
  
 
3.43
7    Guangzhou Xiaopeng New Energy Automobile Co., Ltd.      838,858        10,000        828,858        4.99  
 
828,858
 
  
 
10,000
 
  
 
818,858
 
  
 
4.56
     
 
 
    
 
 
    
 
 
    
 
 
   
 
 
    
 
 
    
 
 
    
 
 
 
  
TOTAL
  
 
6,497,813
 
  
 
934,976
 
  
 
5,562,837
 
  
 
— 
 
 
 
6,620,709
 
  
 
1,188,998
 
  
 
5,431,711
 
  
 
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