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2021-11-24

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XPeng shares rose nearly 12% in early trading

XPeng shares rose nearly 12% in early trading after the China-based electric vehicle maker reported

XPeng shares rose nearly 12% in early trading

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Excluding nonrecurring items, the adjusted loss per ADS came to RMB1.77, compared with the FactSet consensus of RMB1.30.</p>\n<p>Revenue jumps 187.4% to RMB5.72 billion ($895.5 million) to beat the FactSet consensus of RMB5.03 billion, as deliveries rose 199.2% to a record 25,666 vehicles, including 217.7% growth in P7 model deliveries.</p>\n<p>Gross margin improved to 14.4% from 4.6%. 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XPeng shares rose nearly 12% in early trading

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