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XPENG Announces Vehicle Delivery Results for October 2022

XPeng Inc., a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for October 2022.

XPENG recorded monthly deliveries in October of 5,101 Smart EVs, consisting of 2,104 P7s, the Company’s smart sports sedan, 1,665 P5 smart family sedans and 709 G3i smart compact SUVs.

October deliveries also included 623 G9 Flagship SUVs, the Company’s fourth production model launched in September. Mass deliveries of the G9 began on October 27, reaching customers in over 100 cities across China.

“We are accelerating customer deliveries of G9. Logistics and transportation capabilities are all in place for a steady production ramp up beginning in November,” said He Xiaopeng, Chairman and CEO of XPENG. “We expect that P7 and G9, both built on the Edward platform, will comprise a larger proportion of total deliveries in the coming months.”

“Fulfilling customers’ needs by delivering an unmatched user experience through technology innovations remains our key priority. I’ve recently optimized our organizational structures and am confident that we are better aligned with customer demands and market trends with our differentiated Smart EV products,” added He.

As of October 31, 2022, year-to-date deliveries reached 103,654, representing a 56% increase year-over-year.