He Xiaopeng: The medium and long term gross profit margin of Xiaopeng Automobile is above 25%

On March 28, He Xiaopeng, chairman and CEO of Xiaopeng Automobile, emphasized on the 2021 earnings call that xiaopeng Automobile will adhere to the entrepreneurial spirit and business thinking, and constantly improve operational efficiency.The system platform will promote the company’s transformation in power system, manufacturing process and BOM cost system, and the gross profit margin of Xiaopeng’s new models and the company’s overall gross profit margin will be improved structurally.Xiaopeng’s medium – and long-term goal is to increase the company’s overall gross margin to more than 25%.Expense ratios will continue to fall, helped by economies of scale and operating leverage.Disclaimer: This article is reproduced for the purpose of conveying more information.If the source is wrong or violated your legitimate rights and interests, please contact the author with proof of ownership, we will promptly correct, delete, thank you.Email address: newmedia@xxcb.cn

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