- 36,695 Units delivered in December 2024, an increase of 82% year-on-year
- MONA M03 surpasses 10,000 shipments for fourth consecutive month
- 91,507 units delivered in Q4 2024, an increase of 52% year-on-year, surpassing the high end of the quarterly guidance range for Q4.
- 190,068 Units delivered in the full year 2024, an increase of 34% year on year
GUANGZHOU, China, Jan. 01, 2025 (GLOBE NEWSWIRE) — XPeng Inc (NYSE: ). (XPENG or Company, NYSE: XPEV and HKEX: 9868), China's leading electric vehicle (Smart EV) company, today announced its vehicle delivery results for December and the fourth quarter of 2024.
In December 2024, XPENG delivered 36,695 Smart EVs, representing an 82% year-on-year increase and a 19% increase from the previous month, with XPENG MONA M03 and XPENG P7+ deliveries exceeding 15,000 and -10,000 units respectively. In the fourth quarter of 2024, XPENG delivered 91,507 Smart EVs, a 52% year-on-year increase. Total (EPA:) annual supply in 2024 reached 190,068 units, an increase of 34% over the previous year.
For the fourth consecutive month since its launch, the XPENG MONA M03 has exceeded 10,000 units. The MONA M03 has achieved its 50,000th car production milestone in just four months since its launch, setting a new XPENG record for fastest production and continuing to break records for pure electric car production among automakers from China.
In December, XPENG P7+ released the second OTA update and launched the XOS 5.5.0 public test. The latest version of XOS brings advanced driving features, including the industry's first “door-to-door” ADAS supported by integrated software, ensuring a seamless experience in all driving conditions, from parking to highways and city roads.
XNGP˜s 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, China's first door-to-door demonstration. Looking ahead, XPENG aims to put its one step towards the end of large models to more driving conditions, further enhancing the driving experience of customers.
About XPENG
XPENG is a leading Chinese Smart EV company that designs, develops, manufactures, and markets Smart EVs that appeal to a large and growing base of technology-savvy middle-class consumers. Its mission is to drive the Smart EV revolution through technology, shaping the travel experience of the future. In order to improve the mobility experience of its customers, XPENG develops in-house the technology of the full driver assistance system and the intelligent operating system in the car, as well as the main vehicle systems including the powertrain and 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 Report
This announcement contains forward-looking statements. These disclosures 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 terms such as will, expects, expects, future, goals, plans, beliefs, estimates and similar things. statements. Statements that are not historical facts, including statements about XPENG's beliefs and expectations, are forward-looking statements. Forward-looking statements involve risks and uncertainties. Many 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 plans; XPENG expansion plans; XPENG's future business development, financial condition and results of operations; trends, and size, of the Chinese 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 relating to any of the above. More information about these and other risks is included in XPENG and SEC filings. All information provided in this press release is as of the date of the press release, and XPENG does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
Contacts:
For investor inquiries:
Department of IR
Xpeng Inc.
Email: ir@xiaopeng.com
Jenny Cai
Good Financial Communication
Tel: +1 212 481 2050 / +86 10 6508 0677
Email: xpeng@tpg-ir.com
For media inquiries:
PR Department
Xpeng Inc.
Email: pr@xiaopeng.com
Source: XPeng Inc.
Source: XPeng Inc.