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XPeng Inc (XPEV) reports strong vehicle deliveries and AI-driven growth, but faces revenue declines and increased costs impacting financial performance.
XPENG (NYSE:XPEV) said it expects a sharp rebound in second-quarter deliveries after a weaker first quarter, while management outlined a broader push to position the company around “physical AI” applications including advanced driver assistance, Robotaxis and humanoid robots. Co-founder, Chairman a