XPENG published its results for the second quarter of 2026 on 24 August. The quarter gave 103,295 cars delivered, revenue of RMB 19.74 billion and a gross margin of 20.7%, up 3.4 percentage points on a year earlier. Cash reserves reached RMB 40.48 billion. XPENG’s own outlook for the third quarter is 115,000 to 121,000 deliveries and revenue of RMB 21.7 to 23.4 billion.
Plans outside China
On the earnings call the same day, He Xiaopeng spoke about the company’s international ambitions, as reported by CnEVPost. He expected deliveries of the L03 outside China to begin in the fourth quarter and to lift sales outside China above 40,000 cars in the quarter. The XPENG L03 page has the variants and specifications.
The second date concerns driver assistance. XPENG is aiming for EU approval in the first half of 2027, so that the second generation of VLA can roll out to more markets outside China. Which chips the European cars run today, and what separates the markets, is set out in the driver-assistance hardware and software guide.
The L05 was to launch in China in the fourth quarter of 2026. No European date had been set, and the XPENG L05 page follows the model. The G9L was to come first, with its launch and first deliveries in China in September, while the European XPENG G9L page gathers the information on that version. Together the models are meant to take XPENG past 60,000 cars a month in the fourth quarter, according to He Xiaopeng.
Images: XPENG
Sources
XPENG Global: second-quarter 2026 results · 24 August 2026
CnEVPost: report from the earnings call · 25 August 2026
XPENG Australia: second-quarter 2026 results · 25 August 2026