Xpeng Announces Vehicle Delivery Results for December 2020
Xpeng Inc. (NYSE: XPEV), a leading Chinese smart electric vehicle (Smart EV) company, reported record vehicle deliveries for December 2020, achieving 5,700 units, a 326% increase year-over-year. The fourth quarter saw total deliveries of 12,964, marking a 303% increase from the previous year. Xpeng's total deliveries for 2020 reached 27,041, up 112% from 2019. Key contributors to this growth include enhanced brand awareness and expanded service initiatives across China.
- Record monthly deliveries of 5,700 Smart EVs in December 2020.
- Quarterly deliveries of 12,964 units, representing a 303% increase year-over-year.
- Annual deliveries reached 27,041 units, a 112% increase from 2019.
- Increased brand awareness and expanded marketing initiatives contributed to growth.
- None.
Xpeng Inc. (“Xpeng” or the “Company”, NYSE: XPEV), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for December 2020, the fourth quarter and year-ended December 31, 2020.
P7 Wing (Photo: Business Wire)
Xpeng achieved a record monthly delivery of 5,700 Smart EVs in December 2020, consisting of a record high 3,691 P7s, the Company’s sports smart sedan, and 2,009 G3s, its smart compact SUV. The Company’s December deliveries represent a
The Company delivered a total of 12,964 Smart EVs in the fourth quarter of 2020, a record quarterly delivery representing a
Total deliveries for the year ended December 31, 2020, reached 27,041 units, representing a
The Company attributes the record December and the fourth quarter delivery results to its increasing brand awareness, expanded sales, marketing and supercharging service initiatives across China.
About Xpeng
Xpeng is a leading Chinese smart electric vehicle 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 autonomous driving 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 offices in Beijing, Shanghai, Silicon Valley and San Diego. The Company’s Smart EVs are manufactured at plants in Zhaoqing and Zhengzhou, located in Guangdong and Henan provinces, respectively. For more information, please visit https://en.xiaopeng.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 goal 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 manufacturer, 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.
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FAQ
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