Exhibit 99.1
XPENG Announces Vehicle Delivery Results for December and Fourth Quarter 2024
|
|
36,695 units delivered in December 2024, an 82% increase year-over-year |
|
|
MONA M03 surpassed 10,000 deliveries for fourth consecutive month |
|
|
91,507 units delivered in Q4 2024, a 52% increase year-over-year, exceeding upper end of quarterly guidance
range for Q4 |
|
|
190,068 units delivered for the full year 2024, a 34% increase year-over-year |
GUANGZHOU, China, Jan. 01, 2025 (GLOBE NEWSWIRE) 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 December and the fourth quarter 2024.
In
December 2024, XPENG delivered 36,695 Smart EVs, representing an 82% increase year-over-year and a 19% increase over the prior month, with deliveries of XPENG MONA M03 and XPENG P7+ exceeding 15,000 and 10,000 units respectively. In the fourth
quarter of 2024, XPENG delivered 91,507 Smart EVs, a 52% increase year-over-year. Total annual deliveries in 2024 reached 190,068 units, a 34% increase over the prior year.
For the fourth consecutive month since its launch, deliveries of XPENG MONA M03 exceeded 10,000 units. The MONA M03 achieved its 50,000th vehicle production
milestone in just four months since its launch, setting a new record for XPENGs fastest production rollout and continuing to break delivery records for pure electric vehicle production among emerging automakers in China.
In December, XPENG P7+ rolled out second OTA upgrade with the launch of public testing of XOS 5.5.0. The latest XOS version brings advanced smart driving
features, including the industrys first door-to-door ADAS powered by a unified software suite, ensuring a seamless experience across various driving
scenarios, from parking to highways and urban roads.
XNGPs monthly active user penetration rate in urban driving reached 85.12% in December. This
month, XPENG hosted the XPENG Turing AI Smart Driving Open Day, showcasing Chinas first door-to-door capabilities. Looking ahead, XPENG aims to deploy
its one-step end-to-end large models to more driving scenarios, further elevating customers smart driving experiences.