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XPeng Announces Vehicle Delivery Results for October 2020

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NYSE:XPEV   XPeng Inc.
XPeng Announces Vehicle Delivery Results for October 2020:

• XPeng delivered 3,040 vehicles in October 2020, a 229% increase year-over-year

• XPeng delivered 17,117 vehicles year-to-date 2020, a 64% increase year-over-year

• XPeng delivered a total of 3,040 Smart EVs in October 2020, consisting of 2,104 P7s, the Company’s smart sports sedan, and 936 G3s, its smart compact SUV. The Company’s October deliveries represented a 229% increase year-over-year.

• As of October 31, 2020, year-to-date deliveries of the Company’s Smart EVs reached 17,117 units, representing a 64% increase year-over-year.

• Despite China’s Golden Week holiday in early October which affected deliveries, the Company sees strong business momentum supported by fast production ramp up and robust demand for its Smart EVs.

• It achieved a new milestone this month, completing the production of 10,000 P7s on October 20, 2020, just 160 days after starting mass production in late May.

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