XPeng Announces Vehicle Delivery Results for February 2022
01 March 2022 - 8:01PM
Business Wire
- 6,225 vehicles delivered in February 2022, a
180% increase year-over-year
- Technology upgrade for Zhaoqing plant completed to accelerate
future deliveries
XPeng Inc. (“XPeng” or the “Company,” NYSE: XPEV, HKEX: 9868), a
leading Chinese smart electric vehicle (“Smart EV”) company, today
announced its vehicle delivery results for February 2022.
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the full release here:
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XPENG P7 rolling off the production line
(Photo: Business Wire)
XPeng delivered 6,225 Smart EVs in February 2022, representing a
180% increase year-over-year. The February deliveries consisted of
3,537 P7 smart sports sedans, representing a 151% year-over-year
increase. 2,059 P5 smart family sedans were delivered in February,
bringing cumulative deliveries of the P5 to 13,953 since its launch
in September 2021. Also 629 G3 & G3i smart compact SUVs were
delivered in February.
The technology upgrade at the Zhaoqing plant during the Chinese
New Year holiday from late January to early February has been
completed. Production at the Zhaoqing plant resumed in mid-February
as planned. The upgrade enables the Company to accelerate delivery
of its significant order backlog in hand.
In February 2022, the Company achieved several milestones:
- XPeng (HKEX: 9868) was added to the Shenzhen-Hong Kong and
Shanghai-Hong Kong Stock Connect programs, which allows qualified
Chinese Mainland investors to trade eligible Hong Kong shares of
XPeng.
- It was announced that XPeng (HKEX: 9868) will be included in
the Hang Seng TECH Index as a constituent stock, effective March 7,
2022, a strong endorsement of the Company’s underlying strength as
a technology leader in the smart mobility industry.
- The Company announced its strategic partnerships with two
renowned European automobile players for agency retail
collaborations in the Netherlands and Sweden. At the same time,
XPeng’s first branded overseas retail experience store opened in
Stockholm, Sweden.
About XPeng Inc.
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. Its mission is to explore and 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 main offices in Beijing, Shanghai,
Silicon Valley, San Diego and Amsterdam. The Company’s Smart EVs
are manufactured at its plant in Zhaoqing, Guangdong province. 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
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20220301005618/en/
For Investor Enquiries: IR Department XPeng
Inc. Email: ir@xiaopeng.com
Jenny Cai The Piacente Group Tel: +1 212 481
2050 / +86 10 6508 0677 Email: xpeng@tpg-ir.com
For Media Enquiries: Marie Cheung XPeng Inc.
Tel: +852 9750 5170 / +86 1550 7577 546 Email:
mariecheung@xiaopeng.com
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