XPeng’s Net Loss Narrows as It Faces a Bumpy Outlook

(Bloomberg) — XPeng Inc., the Chinese electric vehicle maker that is partnered with Volkswagen AG, flagged a bumpy outlook even as it unveiled better-than-expected quarterly earnings.

Guangzhou-based XPeng posted a net loss of 1.35 billion yuan ($188 million) for the three months ended Dec. 31, according to a filing Tuesday, against expectations for a 2.97 billion yuan deficit.