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XPeng Reports Second Quarter 2021 Unaudited Financial Results Quarterly vehicle deliveries reached 17,398 , a 439 % increase year - over - year Quarterly total revenues reached RMB3,761.3 million , a 536.7 % increase year - over - year Quarterly gross margin reached 11.9 % GUANGZHOU , China , August 26 , 2021 ( BUSINESS WIRE ) XPeng Inc. ( " XPeng " or the " Company " , NYSE : XPEV and HKEX : 9868 ) , a leading Chinese smart electric vehicle ( " Smart EV " ) company , today announced its unaudited financial results for the three months ended June 30 , 2021 . Operational and Financial Highlights for the Three Months Ended June 30 , 2021 Deliveries of vehicles were 17,398 in the second quarter of 2021 , reaching a record quarterly high , and representing an increase of 439 % from 3,228 in the corresponding period of 2020 and an increase of 30.4 % from 13,340 in the first quarter of 2021 . ● ● ● ● ● Deliveries of the P7¹ were 11,522 in the second quarter of 2021 , reaching a record quarterly high and representing an increase of 44.5 % from 7,974 in the first quarter of 2021 . Among the total P7s delivered in the second quarter of 2021 , 97 % can support XPILOT 2.5 or XPILOT 3.0 . As of June 30 , 2021 , XPeng's physical sales and service network consisted of a total of 200 stores and 64 service centers , covering 74 cities . As of June 30 , 2021 , XPeng - branded super charging stations expanded to 231 , covering 65 cities . Total revenues were RMB3,761.3 million ( US $ 582.5 million ) for the second quarter of 2021 , representing an increase of 536.7 % from RMB590.8 million for the same period of 2020 and an increase of 27.5 % from RMB2,950.9 million for the first quarter of 2021 . Revenues from vehicle sales were RMB3,584.4 million ( US $ 555.1 million ) for the second quarter of 2021 , representing an increase of 562.4 % from RMB541.1 million for the same period of 2020 , and an increase of 27.5 % from RMB2,810.3 million for the first quarter of 2021 . Gross margin was 11.9 % for the second quarter of 2021 , compared with negative 2.7 % for the same period of 2020 and 11.2 % for the first quarter of 2021 . Vehicle margin , which is gross profit of vehicle sales as a percentage of revenues from vehicle sales , was 11.0 % for the second quarter of 2021 , compared with negative 5.6 % for the same period of 2020 and 10.1 % for the first quarter of 2021 . Net loss was RMB 1,194.6 million ( US $ 185.0 million ) for the second quarter of 2021 , compared with RMB 146.0 million for the same period of 2020 and RMB786.6 million for the first quarter of 2021. Excluding share - based compensation expenses and fair value change on derivative liabilities related to the redemption right of preferred shares , non - GAAP net loss was RMB 1,096.4 million 1