XPeng Plans to Hire 8,000 More Workers by 2025

XPeng plans to hire 8,000 workers by 2025, up from its earlier target of 6,000, with a total headcount approaching 30,000. The company has seen substantial growth, with its stock surging 52% year-to-date. XPeng is accelerating its global expansion and reported a 141.5% year-over-year revenue jump to 15.81 billion Chinese yuan in Q1 2025. The company projects Q2 deliveries of 102,000-108,000 units, up over 237% Y/Y, and revenue of 17.5 billion Chinese yuan to 18.7 billion Chinese yuan.

XPeng, a Chinese electric vehicle (EV) maker, has announced plans to hire an additional 8,000 workers by the end of 2025, up from its earlier target of 6,000. This move will bring the company's total workforce to nearly 30,000. The expansion is part of XPeng's strategy to intensify its focus on advanced technologies, particularly smart driving and large AI models [1].

XPeng's stock has surged by 52% year-to-date, reflecting the company's strong performance. In Q1 2025, XPeng reported a 141.5% year-over-year revenue jump to 15.81 billion Chinese yuan. The company projects Q2 deliveries of 102,000 to 108,000 units, an increase of over 237% year-over-year, with revenues ranging from 17.5 billion to 18.7 billion Chinese yuan [2].

The company's growth is driven by its expanding product lineup and heavy investment in AI driving technology. XPeng claims its in-house "Turing" self-driving chip is 3x more powerful than Nvidia's (NVDA), and it is rapidly expanding overseas, now selling in over 40 countries. In Q2 2025, XPeng delivered 103,181 vehicles, surpassing its entire 2024 volume, and has maintained eight straight months of deliveries above 30,000 units [2].

Analysts are generally optimistic about XPeng's prospects. Of the 16 experts followed by Barchart, nine recommend a "Strong Buy," two a "Moderate Buy," four a "Hold," and one a "Strong Sell." The 12-month average target price is $23.70, indicating a potential 35% upside from current levels [2].

Despite the fierce price war in the Chinese EV market, XPeng has managed to maintain robust sales and deliveries. The company's focus on advanced technology and global expansion has positioned it as a winner in the EV market. However, its valuation is considered premium, with a price-book ratio of 4.1x and a price-sales ratio of 1.49x, significantly higher than the sector median [2].

References:
[1] https://startupnews.fyi/2025/07/16/chinas-xpeng-revises-up-2025-planned-hires-to-8000-founder-says/
[2] https://finance.yahoo.com/news/ev-price-war-hasn-t-120002389.html