20
Aug
15:21
Xpeng’s losses narrow, revenues increase in Q2
Chinese electric vehicle company XPeng said Tuesday its net loss narrowed and its revenues increased during the second quarter of 2024.
The company reported a net loss of CNY 1.28 billion ($252.35 million), narrowing 6.6% from CNY 1.37 billion loss in the first quarter. In Q2 2023, the loss was CNY 2.80 billion, Kallanish understands.
Total Q2 revenues increased 60.2% year-on-year to CNY 8.11 billion. Its revenues from vehicle sales were CNY 6.82 billion in Q2 20…
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Anonymous
Very good overview of the weekly steel market.
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