On May 21, XPeng Motors (XPEV. N) shares rose sharply in the early days of the U.S. stock market, rising more than 12%. The company announced on Wednesday that the first quarter adjusted net loss narrowed sharply year-on-year, boosted by a surge in car deliveries and a record gross margin. According to the financial report, XPeng Motors' revenue in the first quarter was 15.81 billion yuan, compared with 6.55 billion yuan in the same period last year, an increase of 141.5% year-on-year. Gross mar...