XPENG Announces Vehicle Delivery Results for August 2023
September 01 2023 - 5:00AM
Business Wire
- 13,690 vehicles delivered in August 2023, a 24% increase
month-over-month
- Delivery of the G6 SUV exceeded 7,000 units in August
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 August
2023.
In August 2023, XPENG recorded monthly deliveries of 13,690
Smart EVs, a 24% increase over the prior month and a 43% increase
year-over-year. Since the start of this year, XPENG’s monthly
delivery volume has continuously increased, maintaining solid
growth momentum.
In August, XPENG G6 deliveries reached 7,068 units, which
brought cumulative G6 deliveries to more than 11,000 units. The G6
has realized a significant ramp-up in production output, owing to
the Company’s considerable preparation and high efficiencies across
its supply chain, as well as its manufacturing and delivery
capabilities. Notably, G6 deliveries surpassed the 10,000 mark in
only 45 days following its delivery start date.
From Aug. 14 - 17, XPENG conducted successful media test drives
in Beijing using its non-HD map-reliant XNGP ADAS prototype. The
test drives showcased the capabilities of XNGP on the G6 Max
version, featuring traffic light recognition, lane changes, and
overtaking on unmapped roads. Media praised the smooth and stable
XNGP-assisted driving experience, noting it exceeded expectations.
XPENG plans to speed up the development of XNGP’s non-HD map
reliance and unlock more advanced intelligent driving features for
more cities and roads in the second half of 2023, further driving
customer acceptance and adoption of high-level intelligent
driving.
In addition, from Sept. 4-10, XPENG will make its debut at
Munich's Internationale Automobil-Ausstellung (IAA). At the event,
the Company will showcase the XPENG G9 and New P7 models and
provide test drives for partners and visitors.
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. The Company’s
Smart EVs are mainly manufactured at its plants in Zhaoqing and
Guangzhou, Guangdong province. For more information, please visit
https://heyXPENG.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/20230901967907/en/
For Investor Enquiries: IR Department XPeng Inc. Email:
ir@xiaopeng.com
Jenny Cai Piacente Financial Communications Tel: +1 212 481 2050
/ +86 10 6508 0677 Email: xpeng@tpg-ir.com
For Media Enquiries: PR Department XPeng Inc. Email:
pr@xiaopeng.com
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