XPeng Announces Vehicle Delivery Results for July 2022

Rhea-AI Summary

XPeng Inc. (NYSE: XPEV) delivered 11,524 Smart EVs in July 2022, marking a 43% year-over-year increase. In total, 80,507 vehicles were delivered in the first seven months, reflecting a 108% growth year-over-year, securing the top position among emerging auto brands in China. July deliveries included 6,397 P7s, 3,608 P5s, and 1,519 G3i SUVs. XPeng plans to accept reservations for its flagship G9 SUV in August, with an official launch in September 2022.

Positive

• 11,524 vehicle deliveries in July 2022, a 43% increase year-over-year.
• 80,507 total vehicles delivered in the first seven months of 2022, an increase of 108% year-over-year.
• Cumulative deliveries reached nearly 220,000 units by the end of July 2022.
• Ranked No. 1 among emerging auto brands in China.

Negative

• None.

• 11,524 vehicles delivered in July 2022, a 43% increase year-over-year
• 80,507 total vehicles delivered in the first seven months of 2022, a 108% 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 July 2022.

XPENG G9 flagship SUV (Photo: Business Wire)

XPeng recorded monthly deliveries in July of 11,524 Smart EVs, representing a 43% increase year-over-year. The Company delivered 80,507 Smart EVs in total for the first seven months in 2022, representing a 108% increase year-over-year, ranking No. 1 among emerging auto brands in China. Cumulative deliveries reached nearly 220,000 as of the end of July 2022.

July deliveries consisted of 6,397 P7s, the Company’s smart sports sedan, 3,608 P5 smart family sedans and 1,519 G3i smart compact SUVs.

In August, XPeng plans to begin accepting reservations for its new, flagship G9 SUV followed by an official launch in September 2022.

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/20220801005347/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:

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 July 2022?

XPeng delivered 11,524 Smart EVs in July 2022.

How many vehicles did XPeng deliver in the first seven months of 2022?

XPeng delivered a total of 80,507 vehicles in the first seven months of 2022.

What is the year-over-year increase in XPeng's vehicle deliveries for July 2022?

The year-over-year increase in vehicle deliveries for July 2022 was 43%.

What is the cumulative delivery figure for XPeng as of July 2022?

Cumulative deliveries reached nearly 220,000 as of the end of July 2022.

When will XPeng's G9 SUV be launched?

XPeng plans to officially launch its G9 SUV in September 2022.