Xpeng Delivers 9,026 Cars in Mar, up 98.6% from Feb

Tiger Newspress04-01

XPeng today announced its vehicle delivery results for March and the first quarter of 2024.

In March 2024, XPENG delivered 9,026 Smart EVs, representing a 99% increase over the prior month and 29% increase year-over-year. The XPENG X9 maintained its position as the top-selling all-electric MPV in China, with 3,946 units delivered in March and nearly 8,000 units delivered since its launch. Overall, XPENG delivered 21,821 Smart EVs in the first quarter of 2024, a 20% increase from last year.

XPeng shares gained over 2% on the news.

Additionally, the monthly active user penetration rate of XNGP in urban driving scenarios reached 82%. The unlimited XNGP function was further rolled out to a broader base of experienced ADAS users across China. Furthermore, the XNGP nationwide routes for all users, which have undergone rounds of accredited safety testing by XPENG teams, are also expanding to provide an enhanced user experience.

In March, the Company announced strategic partnerships with leading car dealer groups in Thailand, Singapore, and Malaysia, paving the way for the launch of its right-hand drive G6 model. It also officially entered the German market by introducing two Smart EV models, the launch edition of the G9 SUV and the P7 sedan. These initiatives are part of XPENG's broader plan to further penetrate global markets, including France, Italy, and the UK.

XPENG plans to unveil its new brand at the upcoming Auto China Show in Beijing later this month, showcasing smart driving in the era of AI-defined mobility.

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