XPeng July deliveries rise; Q2 2026 guidance targets up to 106,000
XPeng reported 38,027 vehicles delivered in July 2026, about 4% higher year over year. Management’s Q2 2026 guidance targets up to 106,000 deliveries and RMB 20.80 billion in revenue, setting the pace for scaling. The modest volume increase contrasts with expectations for faster revenue and margin gains amid continued net losses and heavy R&D spending.