XPeng Inc. (XPEV) Delivered 11,145 EVs in July 2024

XPeng Inc. (NYSE: XPEV), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for July 2024.

In July, XPENG delivered 11,145 Smart EVs, up 1% year-over-year and 4% over the prior month. Out of the total July deliveries, 1,459 were XPENG X9s, bringing X9’s cumulative total to 14,602 units since its launch in January this year and extending its leadership of both the all-electric MPV and three-row model segments in China. Overall, XPENG delivered 63,173 Smart EVs in the first seven months of 2024, a 20% increase from last year.

In July, XNGP’s monthly active user penetration rate in urban driving reached 84%. A strategic upgrade was highlighted at the recent XPENG Smart AI Technology Conference in Guangzhou, leveling up XNGP from "available nationwide" to "smooth experience anywhere." This upgrade has now been fully rolled out, offering users nationwide access to the enhanced XNGP on all public roads with navigation maps, regardless of city, route, or road condition. By the fourth quarter of 2024, XNGP aims to deliver a "door-to-door" smart driving experience, addressing current gaps in smart driving, such as ETC toll stations on expressways, parking lots, U-turns, roundabouts, private roads in campuses, and narrow paths.

Beginning August 1, 2024, the first batch of display cars for XPENG MONA M03, a smart all-electric hatchback coupe, will arrive at XPENG showrooms nationwide.

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