XPENG Announces Vehicle Delivery Results for November 2024 | XPEV Stock News

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    XPENG reported strong delivery results for November 2024, with 30,895 Smart EVs delivered, marking a 54% year-over-year increase and 29% growth from the previous month. The MONA M03 maintained over 10,000 deliveries for the third consecutive month, while the newly launched P7+ achieved 7,000 deliveries in its first 23 days. Year-to-date deliveries reached 153,373 units, up 26% year-over-year. The company’s XNGP system achieved 85% monthly active user penetration in urban driving and expanded internationally into Nepal and UK markets. The G6 model received the 2024 Technology Frontrunner of the Year award in Denmark.

    XPENG ha riportato risultati di vendita solidi per novembre 2024, con 30.895 veicoli elettrici intelligenti consegnati, segnando un incremento del 54% rispetto all’anno precedente e una crescita del 29% rispetto al mese precedente. La MONA M03 ha mantenuto oltre 10.000 consegne per il terzo mese consecutivo, mentre il nuovissimo P7+ ha raggiunto 7.000 consegne nei suoi primi 23 giorni. Le consegne dall’inizio dell’anno hanno raggiunto 153.373 unità, con un aumento del 26% rispetto all’anno precedente. Il sistema XNGP dell’azienda ha raggiunto l’85% di penetrazione degli utenti attivi mensili nella guida urbana ed è stato espanso a livello internazionale nei mercati di Nepal e Regno Unito. Il modello G6 ha ricevuto il premio Technology Frontrunner of the Year 2024 in Danimarca.

    XPENG reportó resultados de entrega sólidos para noviembre de 2024, con 30,895 vehículos eléctricos inteligentes entregados, lo que marca un incremento del 54% interanual y un crecimiento del 29% respecto al mes anterior. El MONA M03 mantuvo más de 10,000 entregas durante el tercer mes consecutivo, mientras que el recién lanzado P7+ logró 7,000 entregas en sus primeros 23 días. Las entregas acumuladas hasta la fecha alcanzaron 153,373 unidades, un 26% más que el año anterior. El sistema XNGP de la compañía logró una penetración del 85% de usuarios activos mensuales en la conducción urbana y se expandió internacionalmente a los mercados de Nepal y Reino Unido. El modelo G6 recibió el premio Technology Frontrunner of the Year 2024 en Dinamarca.

    XPENG은 2024년 11월 강력한 배송 결과를 보고하며, 30,895대의 스마트 전기차를 인도하여 전년 대비 54% 증가와 전달된 지 한 달에 대한 29%의 성장을 기록했습니다. MONA M03은 세 달 연속으로 10,000대 이상의 배송을 유지했으며, 새로 출시된 P7+는 첫 23일 동안 7,000대의 배송을 달성했습니다. 연초부터의 총 배송량은 153,373대에 달하며, 전년 대비 26% 증가했습니다. 회사의 XNGP 시스템은 도심 운전에서 월간 활성 사용자 침투율 85%를 달성하였고, 네팔과 영국 시장으로 국제적으로 확장되었습니다. G6 모델은 덴마크에서 2024년 올해의 기술 선두주자상을 수상했습니다.

    XPENG a rapporté de solides résultats de livraison pour novembre 2024, avec 30 895 véhicules électriques intelligents livrés, marquant une augmentation de 54 % d’une année sur l’autre et une croissance de 29 % par rapport au mois précédent. Le MONA M03 a maintenu plus de 10 000 livraisons pour le troisième mois consécutif, tandis que le nouvellement lancé P7+ a atteint 7 000 livraisons au cours de ses 23 premiers jours. Les livraisons depuis le début de l’année ont atteint 153 373 unités, soit une augmentation de 26 % d’une année sur l’autre. Le système XNGP de l’entreprise a atteint 85 % de pénétration d’utilisateurs actifs mensuels dans la conduite urbaine et s’est étendu à l’international sur les marchés népalais et britanniques. Le modèle G6 a reçu le prix de Technology Frontrunner of the Year 2024 au Danemark.

    XPENG berichtete über starke Verkaufszahlen für November 2024, mit 30.895 ausgelieferten Smart EVs, was ein 54% Anstieg im Vergleich zum Vorjahr und ein 29% Wachstum im Vergleich zum Vormonat bedeutet. Der MONA M03 hielt über 10.000 Auslieferungen im dritten Monat in Folge, während das neu eingeführte P7+ in seinen ersten 23 Tagen 7.000 Auslieferungen erreichte. Die kumulierten Auslieferungen seit Jahresbeginn beliefen sich auf 153.373 Einheiten, was einem Anstieg von 26% im Jahresvergleich entspricht. Das XNGP-System des Unternehmens erzielte eine monatliche aktive Nutzerpenetration von 85% im Stadtverkehr und expandierte international in die Märkte von Nepal und Großbritannien. Das Modell G6 erhielt den Technology Frontrunner of the Year 2024 Preis in Dänemark.

    Positive

    • Record monthly deliveries of 30,895 units (+54% YoY, +29% MoM)
    • Strong MONA M03 performance with >10,000 deliveries for third consecutive month
    • Successful P7+ launch with 7,000 deliveries in first 23 days
    • YTD deliveries up 26% to 153,373 units
    • International expansion into Nepal and UK markets
    • 85% XNGP monthly active user penetration rate in urban driving

    Insights

    The November delivery results showcase remarkable momentum for XPENG, with 30,895 units marking a substantial 54% YoY growth and 29% MoM increase. The MONA M03’s consistent performance, maintaining 10,000+ monthly deliveries and the P7+’s strong start with 7,000 deliveries in just 23 days demonstrate robust product market fit. The YTD delivery growth of 26% to 153,373 units indicates strengthening market position. The high 85% XNGP adoption rate and technological advancement in ADAS suggest strong competitive advantages. International expansion into Nepal and UK, coupled with recognition in Denmark, signals promising global market potential. These metrics indicate healthy sales trajectory and successful execution of XPENG’s growth strategy.

    • 30,895 units delivered in November, up 54% year-over-year
    • MONA M03 surpassed 10,000 deliveries for third consecutive month
    • P7+ launch drives strong delivery momentum

    GUANGZHOU, China, Dec. 01, 2024 (GLOBE NEWSWIRE) — XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced record-breaking vehicle delivery results for November 2024.

    XPENG delivered 30,895 Smart EVs in November 2024, representing growth of 54% year-over-year and 29% over the prior month. Deliveries of XPENG MONA M03 exceeded 10,000 units for the third consecutive month since its launch. After 23 days of launch, deliveries of XPENG P7+ exceeded 7,000 units. For the first eleven months of 2024, XPENG delivered 153,373 Smart EVs, a 26% increase from the same period last year.

    In November, XNGP‘s monthly active user penetration rate in urban driving reached 85%. On November 15, 2024, the opening day of Guangzhou Auto Show, XPENG successfully completed testing of the industry’s first “door-to-door” ADAS based on a unified software suite, delivering a consistent experience across parking, highways, and urban roads.

    Also, in November, XPENG officially entered the Nepal and UK markets. Concurrently, XPENG’s flagship model, the G6, has risen to prominence as a high-profile vehicle in international markets. At the prestigious 2024 Danish Car of the Year ceremony, the XPENG G6 was awarded the coveted 2024 Technology Frontrunner of the Year title.

    About XPENG

    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, 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. XPENG’s Smart EVs are mainly manufactured at its plants in Zhaoqing and Guangzhou, Guangdong province. For more information, please visit https://www.xpeng.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.

    Contacts:

    For Investor Enquiries:

    IR Department
    XPeng Inc.
    Email: ir@xiaopeng.com

    Jenny Cai
    Piacente Financial Communications
    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.


    FAQ

    How many vehicles did XPEV deliver in November 2024?

    XPENG (XPEV) delivered 30,895 Smart EVs in November 2024, representing a 54% increase year-over-year and 29% growth from the previous month.

    What was XPEV’s year-to-date delivery count for 2024?

    XPENG (XPEV) delivered 153,373 Smart EVs in the first eleven months of 2024, achieving a 26% increase compared to the same period last year.

    How many XPENG P7+ vehicles were delivered after its launch?

    The XPENG P7+ achieved over 7,000 deliveries within 23 days of its launch in November 2024.

    Which new markets did XPEV enter in November 2024?

    In November 2024, XPENG (XPEV) officially entered the Nepal and UK markets.

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