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XPeng Announces Vehicle Delivery Results for April 2022

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XPeng Inc. (NYSE: XPEV) reported impressive vehicle delivery results for April 2022, delivering 9,002 Smart EVs, a 75% year-over-year increase. This includes 3,714 P7 smart sports sedans, 3,564 P5 smart family sedans, and 1,724 G3i and G3 compact SUVs. Year-to-date, total deliveries reached 43,563, reflecting a 136% increase compared to the same period last year. The company continues to address challenges posed by COVID, impacting supply chain and manufacturing in China.

Positive
  • 9,002 vehicles delivered in April 2022, a 75% increase YoY.
  • Year-to-date total deliveries of 43,563, reflecting a 136% increase YoY.
Negative
  • COVID-19 continues to impact supply chain and manufacturing processes.
  • 9,002 vehicles delivered in April 2022, a 75% increase year-over-year

GUANGZHOU, China--(BUSINESS WIRE)-- XPeng Inc. (“XPeng” or the “Company”, NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for April 2022.

XPENG P7 (Photo: Business Wire)

XPENG P7 (Photo: Business Wire)

XPeng delivered 9,002 Smart EVs in April 2022, representing a 75% increase year-over-year. The April deliveries consisted of 3,714 P7 smart sports sedans, 3,564 P5 smart family sedans, as well as 1,724 G3i and G3 smart compact SUVs.

As of April 30, 2022, year-to-date total deliveries reached 43,563, representing a 136% increase year-over-year.

The Company has been and is continuing to actively navigate through the COVID situation, which in turn is affecting the overall supply chain, manufacturing and transportation of automobiles in China. April deliveries reflect the Company’s relentless effort to mitigate the current conditions with support from various authorities and industry partners.

About XPeng Inc.

XPeng is a leading Chinese Smart EV company that designs, develops, manufactures, and markets Smart EVs that appeal to the large and growing base of technology-savvy middle-class consumers in China. Its mission is to drive Smart EV transformation with technology and data, shaping the mobility experience of the future. In order to optimize its customers’ mobility experience, XPeng develops in-house its full-stack advanced driver-assistance system technology and in-car intelligent operating system, as well as core vehicle systems including powertrain and the electrification/electronic architecture. XPeng is headquartered in Guangzhou, China, with main offices in Beijing, Shanghai, Silicon Valley, San Diego and Amsterdam. The Company’s Smart EVs are mainly manufactured at its plant in Zhaoqing, Guangdong province. For more information, please visit https://heyxpeng.com.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the United States 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 about 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 contained in any forward-looking statement, including but not limited to the following: XPeng’s goals and strategies; XPeng’s expansion plans; XPeng’s future business development, financial condition and results of operations; the trends in, and size of, China’s EV market; 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 related to any of the foregoing. Further information regarding these and other risks is included in XPeng’s filings with the SEC. All information provided in this press release is as of the date of this press release, and XPeng does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For Investor Enquiries:

IR Department

XPeng Inc.

Email: ir@xiaopeng.com

Jenny Cai

The Piacente Group

Tel: +1 212 481 2050 / +86 10 6508 0677

Email: xpeng@tpg-ir.com

For Media Enquiries:

Marie Cheung

XPeng Inc.

Tel: +852 9750 5170 / +86 1550 7577 546

Email: mariecheung@xiaopeng.com

Source: XPeng Inc.

FAQ

What were XPeng's vehicle deliveries in April 2022?

XPeng delivered 9,002 Smart EVs in April 2022, a 75% increase year-over-year.

How many vehicles has XPeng delivered year-to-date as of April 2022?

As of April 30, 2022, XPeng has delivered a total of 43,563 vehicles year-to-date, reflecting a 136% increase year-over-year.

What types of vehicles did XPeng deliver in April 2022?

In April 2022, XPeng delivered 3,714 P7 smart sports sedans, 3,564 P5 smart family sedans, and 1,724 G3i and G3 smart compact SUVs.

What challenges is XPeng facing in their operations as of April 2022?

XPeng is navigating challenges related to COVID-19, affecting the overall supply chain, manufacturing, and transportation in China.

XPeng Inc. American depositary shares, each representing two

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