$XPeng Inc.(XPEV)$ XPeng hit a speed bump inNovember, but it fared much better in December. The company reported 11,292 EV deliveries last month, a 94% increase over deliveries in November. Deliveries of the company's G9 SUV were particularly strong, climbing 160% in December compared to November.
With regard to the last quarter of 2022, XPeng also achieved strong growth. Reporting total vehicle deliveries of 22,204 for Q4 2022, XPeng grew deliveries 23% compared to the same period in 2021.
In addition to providing details on its vehicle deliveries, XPeng also reported that it released its first over-the-air update to G9 customers in China on Dec. 27. According to XPeng, the update introduced "the industry's first full-scenario, always-on voice assistant system to the mass market" as well as other benefits including optimized super fast charging, vehicle control, and smart cockpit capabilities.
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