XPeng Announces Vehicle Delivery Results for March and First Quarter 2021
01 April 2021 - 5:36PM
Business Wire
- 5,102 vehicles delivered in March 2021, a 384% increase
year-over-year and a 130% increase month-over-month
- Record quarterly delivery of 13,340 vehicles in 1Q 2021,
representing a 487% increase year-over-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 March and the first
quarter 2021.
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the full release here:
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XPeng G3 and P7 (Photo: Business
Wire)
Xpeng delivered a total of 5,102 Smart EVs in March 2021,
consisting of 2,855 P7s, the Company’s sports smart sedan, and
2,247 G3s, its smart compact SUV. The Company’s March deliveries
represent a 384% increase year-over-year and a 130% increase from
the previous month.
The Company achieved record quarterly deliveries of 13,340 Smart
EVs in the first quarter of 2021, representing a 487% increase
year-over-year, demonstrating its robust growth momentum despite
the seasonal industry-wide slowdown in car sales.
The Company attributed the record quarterly deliveries to its
growing brand recognition and product appeal, expanded product
portfolio and its relentless efforts in broadening sales, marketing
and supercharging service networks across China.
In March 2021, the Company reached the benchmark of delivering
cumulative 50,000 Smart EVs and started deliveries of its P7 Wing
edition which was unveiled in November last year. The Company also
launched lithium iron phosphate, or LFP, battery-powered G3 SUVs
and P7 sedans in China, anticipating deliveries to begin in April
and May, respectively. Powered by its proprietary Navigation Guided
Pilot, XPeng successfully completed China’s longest autonomous
driving expedition in March, setting records for autonomous driving
in the production vehicle category. XPeng plans to unveil its third
production model in the second quarter 2021, with deliveries
planned in the fourth quarter 2021.
About Xpeng
Xpeng 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. 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 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20210331006089/en/
For Investor Enquiries:
IR Department Xpeng Inc. Email: ir@xiaopeng.com
Jenny Cai The Piacente Group Tel: +1-212-481-2050 or
+86-10-6508-0677 Email: xpeng@tpg-ir.com
For Media Enquiries:
Marie Cheung Xpeng Inc. Tel: +852-9750-5170 or +86-1550-7577-546
Email: mariecheung@xiaopeng.com
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