XPeng Reports July 2024 Vehicle Delivery Figures

August 1, 2024 by No Comments

  • 11,145 vehicles were delivered in July 2024, marking the fifth consecutive month of both month-over-month and year-over-year growth
  • 63,173 vehicles were delivered in the first seven months of 2024, representing a 20% year-over-year increase

GUANGZHOU, China, Aug. 01, 2024 — XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, announced its vehicle delivery results for July 2024.

In July, XPENG delivered 11,145 Smart EVs, reflecting a 1% year-over-year increase and a 4% rise from the previous month. Of the total July deliveries, 1,459 were XPENG X9s, bringing X9’s cumulative total to 14,602 units since its launch in January this year. This reinforces its leading position in both the all-electric MPV and three-row model segments in China. Overall, XPENG delivered 63,173 Smart EVs in the first seven months of 2024, representing a 20% increase compared to the same period last year.

In July, XNGP’s monthly active user penetration rate in urban driving reached 84%. A strategic upgrade was highlighted at the recent XPENG Smart AI Technology Conference in Guangzhou, advancing XNGP from “available nationwide”  to “smooth experience anywhere.” This upgrade has now been fully implemented, providing nationwide users with access to the enhanced XNGP on all public roads with navigation maps, regardless of city, route, or road condition. By the fourth quarter of 2024, XNGP aims to offer a “door-to-door” smart driving experience, addressing current limitations in smart driving, such as ETC toll stations on expressways, parking lots, U-turns, roundabouts, private roads in campuses, and narrow paths.

Beginning August 1, 2024, the first batch of display cars for XPENG MONA M03, a smart all-electric hatchback coupe, will be available at XPENG showrooms nationwide.

About XPENG

XPENG is a prominent Chinese Smart EV company specializing in the design, development, manufacturing, and marketing of Smart EVs that cater to the expanding base of technology-savvy middle-class consumers. Its mission is to drive Smart EV transformation through technological advancements, shaping the mobility experience of the future. To optimize the mobility experience for its customers, XPENG develops its own full-stack advanced driver-assistance system technology and in-car intelligent operating system, as well as core vehicle systems including powertrain and the electrical/electronic architecture. XPENG is headquartered in Guangzhou, China, with key offices in Beijing, Shanghai, Silicon Valley, San Diego and Amsterdam. XPENG’s Smart EVs are primarily manufactured at its plants in Zhaoqing and Guangzhou, Guangdong province. For further information, please visit .

Safe Harbor Statement

This announcement includes forward-looking statements. These statements are made under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Statements that are not historical facts, including statements about XPENG’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: XPENG’s goals and strategies; XPENG’s expansion plans; XPENG’s future business development, financial condition and results of operations; the trends in, and size of, China’s EV market; XPENG’s expectations regarding demand for, and market acceptance of, its products and services; XPENG’s expectations regarding its relationships with customers, contract manufacturers, suppliers, third-party service providers, strategic partners and other stakeholders; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in XPENG’s filings with the SEC. All information provided in this press release is as of the date of this press release, and XPENG does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Contacts:

For Investor Enquiries:
IR Department
XPeng Inc.
Email: 

Jenny Cai
Piacente Financial Communications
Tel: +1 212 481 2050 / +86 10 6508 0677
Email: 

For Media Enquiries:
PR Department
XPeng Inc.
Email: 

Source: XPeng Inc.