Xpeng Inc. missed first-quarter revenue expectations as weak Chinese vehicle demand hit deliveries at the start of the year. The EV maker's sales forecast fell short of analyst estimates, signaling ongoing challenges in China's competitive electric vehicle market. This disappointing outlook comes despite the company achieving a significant milestone.

Xpeng reported its first-ever quarterly profit at the end of 2025, marking a major achievement for the Chinese automaker. The profit demonstrates improving operational efficiency and cost management, but was overshadowed by the weak sales forecast. Analysts had expected stronger revenue growth as the company expanded its model lineup and manufacturing capacity.

The mixed results highlight the pressure facing EV makers in China's slowing auto market. While profitability shows Xpeng's business model is maturing, the revenue miss raises questions about near-term growth prospects. Investors will be watching closely to see if the company can maintain its profit momentum while navigating challenging market conditions.