TickerFacts.

Xpeng Inc. (XPEV): R&D Expense

Annual figures by period end, from SEC filings.

9.49B CNY
Year ended 2025-12-31
+22.1%
3-year compound annual growth
+40.6%
5-year compound annual growth
2018-12-31: 1.05B CNY2019-12-31: 2.07B CNY2020-12-31: 1.73B CNY2021-12-31: 4.11B CNY2022-12-31: 5.21B CNY2023-12-31: 5.28B CNY2024-12-31: 6.46B CNY2025-12-31: 9.49B CNY9.49B CNY
2018-12-31 R&D Expense (CNY) 2025-12-31
Period endedR&D ExpenseChange YoYSource filing
2025-12-319.49B CNY+47.0%2026-04-16, From 2025-01-01
2024-12-316.46B CNY+22.4%2026-04-16, From 2024-01-01
2023-12-315.28B CNY+1.2%2026-04-16, From 2023-01-01
2022-12-315.21B CNY+26.8%2025-04-16, From 2022-01-01
2021-12-314.11B CNY+138.4%2024-04-17, From 2021-01-01
2020-12-311.73B CNY-16.6%2023-04-12, From 2020-01-01
2019-12-312.07B CNY+96.9%2022-04-28, From 2019-01-01
2018-12-311.05B CNYn/a2021-04-16, From 2018-01-01

R&D Expense at similar companies

Companies with the same SEC industry code (Motor Vehicles & Passenger Car Bodies), reporting in the same currency, closest in revenue. Each shows its own latest fiscal year, so period ends differ.

CompanyYear endedR&D ExpenseChange YoY
Xpeng Inc. (XPEV)2025-12-319.49B CNY+47.0%
NIO Inc. (NIO)2025-12-3110.60B CNY-18.7%
Li Auto Inc. (LI)2025-12-3111.31B CNY+2.2%
Niu Technologies (NIU)2025-12-31166.45M CNY+27.9%

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