Chinese EV maker Xpeng to break even later in 2025, says president

Chinese EV maker Xpeng to break even later in 2025, says president

FILE PHOTO: Xiaopeng He, Chairman and CEO of XPeng, talks to journalists on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. REUTERS/Benoit Tessier/File Photo

Chinese electric car maker Xpeng is expected to break even sometime later in 2025, its President Brian Gu said, betting that strong demand for its new models and expanding into new overseas markets will improve its profitability.