XPeng Q1 Revenue Falls 17.6% to 13.0B Yuan

XPeng's Q1 2026 financial results show revenue of 13.03 billion yuan, down 17.6% YoY. Vehicle deliveries reached 62,700 units, down 33.3%. While profitability remains under pressure, XPeng is counting on the MONA series and new P7 to revive sales. Whether its smart driving differentiation can sustain recovery is the key question.