XPeng Reports 2024 Q4 and December Vehicle Deliveries “`
- XPeng delivered 36,695 Smart EVs in December 2024, an 82% year-over-year increase.
- Deliveries of the MONA M03 surpassed 10,000 units for the fourth consecutive month.
- XPeng delivered 91,507 Smart EVs in Q4 2024, a 52% year-over-year increase, exceeding the upper limit of its quarterly guidance.
- Total 2024 deliveries reached 190,068 units, a 34% year-over-year increase.
XPeng Inc. (XPENG; NYSE: XPEV and HKEX: 9868), a leading Chinese Smart EV company, reported its December and fourth-quarter 2024 vehicle delivery results.
XPeng delivered 36,695 Smart EVs in December 2024, an 82% year-over-year increase and a 19% increase from November. Deliveries of the XPENG MONA M03 and XPENG P7+ exceeded 15,000 and 10,000 units, respectively. In Q4 2024, 91,507 Smart EVs were delivered, a 52% year-over-year increase. Full-year 2024 deliveries totaled 190,068 units, a 34% year-over-year increase.
The XPENG MONA M03 achieved over 10,000 units delivered for the fourth consecutive month since its launch. Reaching its 50,000th production milestone in just four months, it set a new record for XPeng’s fastest production rollout and continues to lead in deliveries for pure electric vehicles among emerging Chinese automakers.
In December, the XPENG P7+ received its second OTA upgrade, launching public testing of XOS 5.5.0. This latest version includes advanced smart driving features, including the industry’s first “door-to-door” ADAS powered by a unified software suite, providing a seamless driving experience across various scenarios.
XNGP’s monthly active user penetration rate in urban driving reached 85.12% in December. XPeng hosted the XPENG Turing AI Smart Driving Open Day, showcasing China’s first “door-to-door” capabilities. XPeng plans to expand its one-step end-to-end large models to more driving scenarios to enhance the customer smart driving experience.
About XPENG
XPeng is a leading Chinese Smart EV company designing, developing, manufacturing, and marketing Smart EVs for technology-savvy consumers. Its mission is to drive Smart EV transformation through technology, shaping future mobility. XPeng develops its full-stack advanced driver-assistance system technology, in-car intelligent operating system, and core vehicle systems including the powertrain and electrical/electronic architecture. XPeng is headquartered in Guangzhou, China, with offices in Beijing, Shanghai, Silicon Valley, San Diego, and Amsterdam. Its Smart EVs are primarily manufactured in Zhaoqing and Guangzhou, Guangdong province.
Safe Harbor Statement
This announcement includes forward-looking statements under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements, including those about XPeng’s beliefs and expectations, involve risks and uncertainties. Actual results may differ materially due to various factors, including XPeng’s goals and strategies; expansion plans; future business development; financial condition; results of operations; trends in China’s EV market; demand for and market acceptance of its products and services; relationships with stakeholders; general economic and business conditions; and underlying assumptions. See XPeng’s SEC filings for more information. All information is current as of the date of this release; XPeng is not obligated to update any forward-looking statement unless required by law.
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XPeng Inc.
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Source: XPeng Inc.
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