XPeng Announces Vehicle Delivery Results in September and Third Quarter of 2020
05 October 2020 - 1:00PM
Business Wire
- XPeng delivered 3,478 vehicles in September 2020, a monthly
record
- XPeng delivered 8,578 vehicles in the third quarter of 2020, an
increase of 266% year-on-year
XPeng Inc. (“XPeng” or the “Company”, NYSE: XPEV), a leading
Chinese smart electric vehicle (“Smart EV”) company, today
announced its vehicle delivery results for September 2020 and the
third quarter ended September 30, 2020.
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Xpeng P7 sports sedan & G3 compact
SUV (Photo: Business Wire)
XPeng achieved a record month of 3,478 Smart EV deliveries in
September 2020, a 31% increase from August and a 145% increase
year-over-year. The deliveries consisted of 2,573 P7s, the
Company’s smart sports sedan, and 905 G3s, its compact smart
SUV.
In the third quarter of 2020, XPeng delivered a total of 8,578
Smart EVs, consisting of 6,210 P7s and 2,368 G3s, representing an
increase of 266% year-over-year.
XPeng started mass delivery of the P7 in late June this year. As
of September 30, 2020, a cumulative total of 6,535 P7s were
delivered.
“We are pleased to have achieved a record month of deliveries,
which demonstrates our ability to execute our strategy, accelerate
sales of our Smart EVs and expand our service and charging
network,” said Mr. He Xiaopeng, Chairman and CEO of XPeng.
The Company reached another important milestone in September by
breaking ground for its new Smart EV manufacturing base in
Guangzhou, which will significantly boost its future production
capability upon estimated completion in December 2022.
About XPeng
XPeng Inc. is a leading Chinese smart electric vehicle company
that designs, develops, manufactures, and markets Smart EVs that
appeal to the large and growing base of technology-savvy
middle-class consumers in China. Its mission is to drive Smart EV
transformation with technology and data, shaping the mobility
experience of the future. In order to optimize its customers’
mobility experience, XPeng develops in-house its full-stack
autonomous driving technology and in-car intelligent operating
system, as well as core vehicle systems including powertrain and
the electrification/electronic architecture. XPeng is headquartered
in Guangzhou, China, with offices in Beijing, Shanghai, Silicon
Valley, and San Diego in the U.S. The Company’s Smart EVs are
manufactured at plants in Zhaoqing and Zhengzhou, located in
Guangdong and Henan provinces, respectively. For more information,
please visit https://en.xiaopeng.com.
Safe Harbor Statement
This announcement contains 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 goal
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 manufacturer, 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20201004005044/en/
For Investor Enquiries: IR Department XPeng Inc. E-mail:
ir@xiaopeng.com
Jenny Cai The Piacente Group Tel: +1-212-481-2050 or
+86-10-6508-0677 E-mail: xpeng@tpg-ir.com
For Media Enquiries: Marie Cheung XPeng Inc. Tel: +852
9750 5170 / +86 1550 7577 546 E-mail: mariecheung@xiaopeng.com
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