- 36,695 units delivered in December 2024, an increase of 82% compared to the previous year
- The MONA M03 exceeded 10,000 deliveries for the fourth month in a row
- 91,507 units shipped in the fourth quarter of 2024, an increase of 52% year-over-year, which exceeds the upper end of the quarterly guidance range for the fourth quarter
- 190,068 units delivered for the entire year 2024, which is an increase of 34% compared to the previous year
GUANGZHOU, China, Jan. 01, 2025 (GLOBE NEWSWIRE) — XPeng Inc (NYSE: ). (XPENG or the Company, NYSE: XPEV and HKEX: 9868), China’s leading smart electric vehicle (Smart EV) company, today announced its December and fourth quarter 2024 vehicle delivery results.
In December 2024, XPENG shipped 36,695 smart electric vehicles, up 82% year-on-year and up 19% month-on-month, with XPENG MONA M03 and XPENG P7+ shipments exceeding 15,000 and 10, respectively. 000 units. In the fourth quarter of 2024, XPENG shipped 91,507 smart electric vehicles, an increase of 52% compared to the previous year. In total (EPA:) annual shipments in 2024 reached 190,068 units, an increase of 34% compared to the previous year.
For the fourth consecutive month since launch, XPENG MONA M03 shipments have exceeded 10,000 units. The MONA M03 achieved its 50,000th vehicle production milestone in just four months since launch, setting a new record for XPENG’s fastest production start-up and continuing to break delivery records for pure electric vehicle production among China’s emerging automakers.
In December, the XPENG P7+ rolled out a second OTA update with the launch of XOS 5.5.0 public testing. The latest version of XOS brings advanced smart driving features, including the industry’s first door-to-door ADAS powered by a unified software package, ensuring a seamless experience in a variety of driving scenarios, from parking to highways and city roads.
XNGP˜ monthly penetration rate of active users in city driving reached 85.12% in December. This month, XPENG hosted the XPENG Turing AI Smart Driving Open Day, showcasing China’s first door-to-door capabilities. Looking ahead, XPENG aims to deploy its large models in one step in multiple driving scenarios, further elevating customers’ smart driving experiences.
About XPENG
XPENG is China’s leading smart electric vehicle company that designs, develops, manufactures and markets smart electric vehicles that appeal to a large and growing base of tech-savvy middle-class consumers. Its mission is to drive the Smart EV transformation with technology, shaping the mobility experience of the future. To optimize the mobility experience of its customers, XPENG develops its comprehensive advanced driver assistance system technology and intelligent in-car operating system, as well as core vehicle systems including powertrain and electrical/electronic architecture. XPENG is headquartered in Guangzhou, China, with main offices in Beijing, Shanghai, Silicon Valley, San Diego and Amsterdam. XPENG’s smart electric vehicles are mainly manufactured at its factories in Zhaoqing and Guangzhou, Guangdong Province. For more information, visit https://www.xpeng.com/.
Safe harbor statement
This announcement contains forward-looking statements. These statements are made pursuant to the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by terminology such as will, expects, anticipates, future, intends, plans, believes, evaluates 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 objectives and strategies; XPENG’s expansion plans; XPENG’s future business development, financial condition and results of operations; trends and size of the Chinese electric vehicle 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 based on or related to any of the foregoing. Further information about 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 undertakes no obligation to update any forward-looking statement, except as required by applicable law.
Contacts:
For investor inquiries:
IR department
XPeng Inc.
Email: ir@xiaopeng.com
Jenny Cai
Piacente Financial Communications
Phone: +1 212 481 2050 / +86 10 6508 0677
Email: xpeng@tpg-ir.com
For media inquiries:
PR service
XPeng Inc.
Email: pr@xiaopeng.com
Source: XPeng Inc.
Source: XPeng Inc.
