XPeng (XPEV) achieves 4th straight month of sales growth with 7,506 May EV deliveries

StreetInsider2023-06-01

Chinese smart electric vehicle company XPeng (NYSE: XPEV) announced their monthly vehicle delivery results on Thursday with 7,506 Smart EVs delivered in May, up 6% vs. April's 7,079. The fourth ...

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The fourth straight month-over-month sales increase after a string of declines.The automaker’s new P7i sports sedan, launched in March, has experienced a substantial increase in delivery volume compared to the previous month. The Company continues to significantly ramp up production which will accelerate customer deliveries of the P7i in the near future.XPENG unveiled its newest production model, the Ultra Smart Coupe SUV G6, during Auto Shanghai 2023 on April 18. The debut sparked excitement among attendees, elevating the XPENG booth to one of the event's highlights. Built on XPENG’s next-generation technology architecture, SEPA2.0, the G6 features a series of cutting-edge architectural solutions including autonomous driving, intelligent cabin design, superfast charging and industry-leading vehicle engineering.Presale for the G6 Ultra Smart Coupe SUV begins on June 9, with display vehicles available at our stores.In May, XPeng extended an invitation to the media for a test drive of the G6. The feedback received from the media emphasized the G6's noteworthy advantages, particularly in its ADAS (Advanced Driver Assistance Systems) capabilities and its 800V platform, enabling swift charging. 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