XPeng Announces Vehicle Delivery Results for August 2022

Rhea-AI Summary

XPeng Inc. reported strong vehicle delivery results for August 2022, with 9,578 vehicles delivered, reflecting a 33% year-over-year increase. In the first eight months of 2022, total deliveries reached 90,085 vehicles, a remarkable 96% increase compared to the same period last year. Breakdown of August deliveries included 5,745 P7s, 2,678 P5s, and 1,155 G3i and G3 models. XPeng continues to strengthen its position as a leader in the Chinese Smart EV market.

Positive

• 9,578 vehicles delivered in August 2022, 33% increase year-over-year.
• Total deliveries of 90,085 vehicles in the first eight months of 2022, 96% increase year-over-year.

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• None.

• 9,578 vehicles delivered in August 2022, a 33% increase year-over-year
• 90,085 total vehicles delivered in the first eight months of 2022, a 96% 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 August 2022.

XPeng recorded monthly deliveries in August of 9,578 Smart EVs, representing a 33% increase year-over-year. The Company delivered 90,085 Smart EVs in total for the first eight months in 2022, representing a 96% increase year-over-year.

August deliveries consisted of 5,745 P7s, the Company’s smart sports sedan, 2,678 P5 smart family sedans and 1,155 G3i and G3 smart compact SUVs.

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. 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 electrical/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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220901005322/en/

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:

PR Department

XPeng Inc.

Email: pr@xiaopeng.com

Source: XPeng Inc.