XPENG Announces Vehicle Delivery Results for September and Third Quarter 2024
01 October 2024 - 3:00PM
XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX:
9868), a leading Chinese smart electric vehicle (“Smart EV”)
company, today announced its vehicle delivery results for September
and the third quarter 2024.
In September 2024, XPENG delivered 21,352 Smart EVs, a new
record for monthly deliveries, representing increases of 39%
year-over-year and 52% over the prior month. At the same time, the
first month of deliveries of XPENG MONA M03 exceeded 10,000 units.
For the first nine months of 2024, XPENG delivered 98,561 Smart
EVs, a 21% increase from the same period last year.
With a broad array of superior configurations and competitive
pricing, XPENG MONA M03 has experienced a significant increase in
orders since its market launch. XPENG and supply chain partners are
sparing no effort to prepare for XPENG MONA M03’s further
production ramp-up.
In September, XNGP’s monthly active user penetration rate in
urban driving reached 83%. XPENG rolled out its AI Tianji XOS 5.3
to all eligible owners in China on September 25, enhancing their
experience with 32 feature updates and 38 functional upgrades.
Empowered by end-to-end large AI models, XPENG’s ADAS features can
deliver seamless smart driving on all public roads, including
passing electronic toll collection (ETC), navigating U-turns and
roundabouts, and much more.
Additionally, after successful launch events in Madrid and
Lisbon in September, XPENG officially introduced the G9, G6 and P7
models to the Spanish and Portuguese markets.
Looking ahead, the Company expects to unveil XPENG P7+,
positioned as AI-defined car, in October 2024. XPENG will also
showcase its state-of-the-art AI technologies and applications and
its new model lineup at the 2024 Paris Motor Show from October 14
to 21.
About XPENG
XPENG is a leading Chinese Smart EV 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 drive Smart EV transformation with technology,
shaping the mobility experience of the future. In order to optimize
its customers’ mobility experience, XPENG develops in-house its
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 main offices in
Beijing, Shanghai, Silicon Valley, San Diego and Amsterdam. XPENG’s
Smart EVs are mainly manufactured at its plants in Zhaoqing and
Guangzhou, Guangdong province. For more information, please visit
https://www.xpeng.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.
Contacts:
For Investor Enquiries:
IR DepartmentXPeng Inc.Email: ir@xiaopeng.com
Jenny CaiPiacente Financial CommunicationsTel: +1 212 481 2050 /
+86 10 6508 0677Email: xpeng@tpg-ir.com
For Media Enquiries:
PR DepartmentXPeng Inc.Email: pr@xiaopeng.com
Source: XPeng Inc.
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