US Stock Alert | XPeng Shares Slide Nearly 7% as First-Half Losses Surge

Stock News08-24 23:44

On Monday, XPeng Inc. (XPEV.US) saw its shares continue to decline at the market open, falling approximately 7% as of the time of writing.

The drop comes after the company released its interim results for the six months ended June 30, 2026. Total revenue reached RMB 32.777 billion, representing a year-over-year decrease of 3.84%. The net loss attributable to ordinary shareholders widened significantly to RMB 3.121 billion, an increase of 173.35% compared to the same period last year. Basic loss per share stood at RMB 1.63.

During the first half of 2026, total vehicle deliveries amounted to 166,000 units, marking a 15.8% decline from the 197,200 units delivered in the corresponding period ended June 30, 2025.

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