XPeng Research and Development Expenses 2020-2023 | XPEV

XPeng annual/quarterly research and development expenses history and growth rate from 2020 to 2023. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • XPeng research and development expenses for the quarter ending September 30, 2023 were $0.179B, a 15.04% decline year-over-year.
  • XPeng research and development expenses for the twelve months ending September 30, 2023 were $0.739B, a 9.69% decline year-over-year.
  • XPeng annual research and development expenses for 2023 were $0.746B, a 3.79% decline from 2022.
  • XPeng annual research and development expenses for 2022 were $0.775B, a 21.52% increase from 2021.
  • XPeng annual research and development expenses for 2021 were $0.638B, a 141.09% increase from 2020.
XPeng Annual Research and Development Expenses
(Millions of US $)
2023 $746
2022 $775
2021 $638
2020 $265
2019 $305
XPeng Quarterly Research and Development Expenses
(Millions of US $)
2023-09-30 $179
2023-06-30 $189
2023-03-31 $189
2022-12-31 $183
2022-09-30 $211
2022-06-30 $189
2022-03-31 $193
2021-12-31 $226
2021-09-30 $196
2021-06-30 $134
2021-03-31 $82
2020-12-31
2020-09-30
2019-12-31
Sector Industry Market Cap Revenue
Auto/Tires/Trucks Auto Manufacturers - Foreign $7.282B $4.321B
XPeng Inc. designs, develops, manufactures and markets Smart electric vehicles principally in China. It also offers autonomous driving software system. XPeng Inc. is based in Guangzhou, China.
Stock Name Country Market Cap PE Ratio
Toyota (TM) Japan $296.407B 9.32
Byd (BYDDY) China $84.545B 20.35
Volkswagen AG (VWAGY) Germany $72.537B 0.00
Stellantis (STLA) Netherlands $68.609B 0.00
BMW (BMWYY) Germany $65.966B 6.02
BMW (BAMXF) Germany $65.918B 5.90
Volkswagen AG (VLKAF) Germany $42.773B 4.85
Li Auto (LI) China $28.318B 20.69
Suzuki Motor (SZKMY) Japan $22.485B 13.15
Hyundai Motor (HYMLF) South Korea $19.016B 3.23
Subaru (FUJHY) Japan $16.028B 6.64
Nissan Motor (NSANY) Japan $13.889B 3.64
Geely Automobile Holdings (GELYY) Hong Kong, SAR China $12.856B 0.00
Isuzu Motors (ISUZY) Japan $9.296B 7.20
NIO (NIO) China $8.716B 0.00
Auto Trader Group (ATDRY) United Kingdom $8.386B 0.00
Dongfeng Motor Group (DNFGY) China $3.167B 0.00
Polestar Automotive Holding UK (PSNY) Sweden $2.711B 0.00
Vicinity Motor (VEV) Canada $0.035B 0.00
GreenPower Motor (GP) Canada $0.032B 0.00
Cazoo Group (CZOO) United Kingdom $0.029B 0.00
Lobo EV Technologies (LOBO) China $0.023B 0.00
Kaixin Holdings (KXIN) China $0.006B 0.00
Jiuzi Holdings (JZXN) China $0.001B 0.00
Honda (HMC) Japan $0.000B 7.97