XPeng Motors Announces Delivery of 200,000th Unit
XPeng Motors announced on Tuesday that as of this week, the firm has officially delivered over 200,000 units. Following NIO, XPeng is now the second Chinese new automobile manufacturer to reach the milestone.
XPeng Motors officially delivered its first model in December of 2018. In October 2021, its cumulative delivery exceeded 100,000 units, which took two years and 10 months. Now, the second delivery of 100,000 units has been achieved, taking only eight months.
In May of this year, XPeng Motors delivered a total of 10,125 units, a year-on-year increase of 78%. From January to May, a total of 53,688 units were delivered, up 122% year-on-year. Specifically, 4,224 units of the XPeng P7 were delivered, 3,686 units of the P5 were delivered and 2,215 units of the G3i were delivered.
XPeng Motors said that as core supply chains accelerated resumption of work and production, double-shift operations at its Zhaoqing plant resumed in mid-May. This allowed the firm to accelerate delivery of a large number of orders accumulated since the first quarter.
According to its Q1 financial report, XPeng Motors is expected to deliver 31,000-34,000 vehicles in the second quarter. Discounting the 9,000 units in April, it expects to deliver between 22,000 and 25,000 units in May and June combined, with an average of at least 11,000 units delivered each month.
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In addition, the XPeng G9 is expected to be unveiled later this month. This model is positioned as a medium and large SUV, and is a new-generation flagship product. This model has been officially approved by China’s Ministry of Industry and Information Technology. In addition to new car products, XPeng Motors will release its Navigation Guided Pilot for urban driving after obtaining relevant approvals such as HD-Map, and it will gradually expand to more cities.