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Morningstar

Morningstar

Mar 09, 2026

XPeng Inc.: XPeng Earnings: Results In Line; Strong Volume and Licensing Fee Offset Weak Vehicle Margin

Symbols

XPEV

Sector(s)

Consumer Cyclical

Rating

Current Price

15.98

Fair Value

Economic Moat

Stewardship

Summary

Founded in 2015, XPeng is a leading Chinese smart electric vehicle company that designs, develops, manufactures, and markets EVs in China. Its products primarily target the growing base of technology-savvy middle-class consumers in the midrange to high-end segment in China’s passenger vehicle market. The company sold over 190,000 EVs in 2024, accounti

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