XPENG INC. files 20-F

XPeng Inc. reported a net loss of RMB1,139.5 million for the fiscal year ended December 31, 2025, a significant reduction from the RMB5,790.3 million net loss in 2024. This improvement was driven by a substantial increase in total revenues to RMB76,719.7 million in 2025, up from RMB40,866.3 million in 2024, primarily due to strong vehicle sales growth and higher gross margin from technical research and development services.