Deliveries provide a major boost to the stock

I think there’s no doubt that Xpeng would reach record deliveries in Q4 with the rollout of new/refreshed models, though I wouldn’t expect much for August’s deliveries due to the transition from G3 to G3i and would be satisfied if they simply beat July’s results.

For the upcoming quarters, I personally would also pay close attention to their improvements on vehicle margins and overall GPM and also whether or not they could narrow bottom line via improved economies of scale (better cost efficiency at higher volume). Given their vehicles are priced competitively, they need to make up the margins via higher volume (lower costs per unit) and increased adoption of software services (ex. NGP) with high margins.

Compared to the expectations on upcoming deliveries, surprises on QoQ margin improvements will be less priced in and provide a major boost to the stock.$XPeng Inc.(XPEV)$