Strong momentum was visible in China-based EV maker XPeng Inc.’s (XPEV) monthly deliveries of smart EVs for the month of October. On October 31, the company told investors that its total deliveries for the month stood at 10,138 vehicles. This represents a year-over-year increase of 233% and the second consecutive month of over 10,000 deliveries, even though there is a semiconductor shortage globally. Markedly, the total number of vehicles delivered included 6,044 P7s (the company’s sports smart sedan) and 3,657 G3 and G3i smart SUVs (smart compact SUVs).
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XPeng (NYSE:XPEV)
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