Xpeng will report its unaudited third-quarter financial results on November 16, following record quarterly deliveries of 118,390 electric vehicles across China.

Volume rose 2.05 percent from the same period last year and climbed 14.61 percent sequentially from the second quarter, edging past the midpoint of the company’s August target.

The carmaker plans to host its earnings call at 8:00 pm Beijing time on November 16, prior to regular trading hours in New York. Delivery volume for the quarter sat comfortably inside the projected band of 115,000 to 121,000 units. For the three months ended September 30, Xpeng had forecast revenue between 21.7 billion yuan ($3.23 billion) and 23.4 billion yuan, representing top-line expansion of 6.47 percent to 14.81 percent.

Expanding assembly lines have yet to eliminate bottom-line losses. During the second quarter, Xpeng booked revenue of 19.74 billion yuan, up 8.0 percent year on year, while its net loss widened 179 percent to 1.34 billion yuan. Overall gross margin climbed to 20.7 percent during that period, but profitability specifically on car manufacturing retreated to 12.1 percent from 14.3 percent twelve months earlier.

Management linked that automotive margin erosion to production line switchovers and model transitions. For automotive retailers and dealership networks across tier-two and tier-three Chinese cities, those shifting economics matter. Showroom floors face aggressive discounting pressure from domestic competitors, which forces brand operators to balance higher footfall against compressed dealership commissions.

Operational momentum picked up as the final quarter opened. The company delivered 50,237 vehicles in October, exceeding the 50,000 threshold in a single month for the first time.

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