• 68
  • Comment
  • Favorite

XPeng Delivers 8,620 Smart EVs, Representing a 15% Increase Over the Prior Month

Tiger Newspress2023-07-01

XPeng Inc. today announced its vehicle delivery results for June and the second quarter 2023.

In June 2023, XPENG delivered 8,620 Smart EVs, representing a 15% increase over the prior month, with the P7 series deliveries up 17% over the prior month. The Company has achieved positive delivery growth for five consecutive months. Total Smart EV deliveries for the second quarter of 2023 were 23,205 units, representing a quarter-over-quarter increase of 27%. As of June 30, 2023, XPENG has delivered over 300,000 Smart EVs.

The XPENG G6 Ultra Smart Coupe SUV was officially launched on June 29, offering five trim packages and priced between RMB209,900 and RMB276,900. Since its launch, the G6 has been attracting widespread market attention and receiving top-rated reviews.

Initial deliveries of the G6 are set to begin this month, and display vehicles have arrived at showrooms nationwide and are ready for test drives. The industry-leading ADAS function, XNGP, is readily available on all G6 Max versions immediately upon delivery.

In addition to G6's launch in China, XPENG plans to roll out its "AI Valet Driver" capabilities for all XNGP-equipped vehicles, starting in the fourth quarter of 2023. The "AI Valet Driver" mode allows users to customize smart driving routes based on their preferences in a variety of cities across China, making driving safer and more efficient in everyday driving scenarios. Deployment is scheduled to start in the fourth quarter of 2023. Notably, XPENG is the only automaker brand in China to have rolled out City NGP functions in all four of China's top-tier cities - Guangzhou, Shenzhen, Shanghai and Beijing.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • runningjames
    ·2023-07-01
    Sell on news!
    Reply
    Report
  • Wenmoon
    ·2023-07-01
    Poor deliveries. Rubbish company. They should be trading at $10 instead. 
    Reply
    Report
  • Ck1991
    ·2023-07-01
    Buy or sell?
    Reply
    Report
  • Superdaddy88
    ·2023-07-01
    Better sell. Lousy results 
    Reply
    Report
    Fold Replies
    • Ck1991
      How u know is lousy
      2023-07-01
      Reply
      Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial