Cash and cash equivalents, restricted cash, short-term investments and time deposits were RMB41.40 billion (US$5.73 billion) as of March 31, 2024Quarterly total revenues were RMB6.55 billion, a 49.8% decrease quarter-over-quarterQuarterly gross margin was 12.9%, an increase of 6.7 percentage points quarter-over-quarter GUANGZHOU, China, May 21, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today annou ...