- 36,695 Units will be delivered in December 2024, an increase of 82% year-on-year
- MONA M03 exceeded 10,000 births for the fourth month in a row
- 91,507 Units delivered in Q4 2024, up 52% year-over-year, exceeding the high end of Q4 quarterly guidance range
- 190,068 Unit deliveries for the full year of 2024, an increase of 34% year-on-year
GUANGZHOU, China, Jan. 01, 2025 (GLOBE NEWSWIRE) — XPeng Inc (NYSE:). XPENG (or the Company, NYSE:
In December 2024, XPENG delivered 36,695 smart electric vehicles, representing an 82% increase year-on-year and a 19% increase compared to the previous month, with deliveries of the 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 electric vehicles, an increase of 52% year-on-year. the total (EPA:) Annual deliveries in 2024 reached 190,068 units, an increase of 34% from the previous year.
For the fourth consecutive month since its launch, deliveries of the XPENG MONA M03 have exceeded 10,000 units. MONA M03 achieved its 50,000th vehicle production milestone in just four months since its launch, setting a new record for the fastest production rollout for XPENG and continuing to break delivery records for pure electric vehicle production among China's emerging automakers.
In December, XPENG P7+ rolled out the second over-the-air upgrade with the public test launch of XOS 5.5.0. The latest version of XOS delivers advanced intelligent driving features, including the industry's first “door-to-door” Assist Assist system supported by a unified software suite, ensuring a seamless experience across different driving scenarios, from parking lots to highways and urban roads. .
The monthly active user penetration rate of XNGP in urban driving reached 85.12% in December. This month, XPENG hosted the XPENG Turing AI Open Day, showcasing China's first door-to-door capabilities. Looking to the future, XPENG aims to deploy its large, all-in-one one-step models to more driving scenarios, further upgrading customers' intelligent driving experiences.
About XPENG
XPENG is a leading Chinese smart electric vehicle company that designs, develops, manufactures and markets smart electric vehicles that appeal to the large and growing base of technology-savvy middle-class consumers. Its mission is to drive the transformation of smart electric vehicles using technology, shaping the mobility experience of the future. In order to improve the mobility experience of its customers, XPENG develops advanced integrated driver assistance system technology and in-vehicle intelligent operating system, as well as core vehicle systems including powertrain and electrical/electronic architecture. XPENG is headquartered in Guangzhou, China, with major offices in Beijing, Shanghai, Silicon Valley, San Diego and Amsterdam. XPENG's smart electric vehicles are mainly manufactured in its factories in Zhaoqing and Guangzhou, Guangdong Province. For more information, please visit https://www.xpeng.com/.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the safe harbor provisions of the U.S. 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 regarding 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 expressed in any forward-looking statement, including but not limited to the following: XPENG's objectives and strategies; XPENG expansion plans; development of XPENG's future business, financial condition and results of operations; China's electric vehicle market trends and size; 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 foregoing. More information regarding these and other risks is included in XPENG's filings with the Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and XPENG undertakes no obligation to update any forward-looking statement, except as required by applicable law.
Contacts:
For investor inquiries:
Infrared Department
X-Ping Company
Email: ir@xiaopeng.com
Jenny Kay
Interesting financial communications
Tel: +1 212 481 2050 / +86 10 6508 0677
Email: xpeng@tpg-ir.com
For media inquiries:
Public Relations Department
X-Ping Company
Email: pr@xiaopeng.com
Source: XPeng Company
Source: XPeng Company
