Xpeng Delivers Record 10,146 Cars in May

In a record-breaking performance, Xpeng delivered 10,146 cars in May, the highest year-to-date achievement for the company. The X9 MPV played a significant role, contributing 16 percent of Xpeng’s monthly deliveries by providing 1,625 vehicles. This marks a substantial milestone for Xpeng (NYSE: XPEV), surpassing the 10,000-vehicle mark for the first time this year.

What?

Xpeng’s impressive delivery numbers for May not only demonstrate its continuous growth but also showcase a 35.17 percent year-on-year increase and an 8.02 percent rise from April. The company has delivered a total of 41,360 vehicles so far this year, reflecting a 26.04 percent increase. With a cumulative delivery figure of 441,671 since its inception, Xpeng continues to solidify its position in the electric vehicle market.

Why does it matter?

The X9 MPV, Xpeng’s flagship model under the Smart Electric Platform Architecture 2.0, has been a standout performer with 1,625 units delivered in May. Priced at RMB 359,800 ($49,680), this seven-seat MPV has garnered attention as the company’s highest-priced model to date. Noteworthy was the symbolic moment when Xpeng’s chairman and CEO personally delivered an X9 to William Li, founder, chairman, and CEO of Nio, marking Li’s first purchase of a vehicle from another brand in eight years.

In addition to its successful deliveries, Xpeng continues to innovate in the technological landscape. The company reported that in May, the XNGP navigation guided pilot achieved an impressive 84% monthly active user penetration rate in urban driving scenarios. Xpeng’s focus on AI technology was further solidified with the official rollout of its AI in-vehicle operating system, XOS 5.1.0, demonstrating its dedication to enhancing the driving experience through cutting-edge AI solutions.

How is it going to shape the future?

Xpeng’s continuous growth in deliveries and strategic technological advancements position the company as a key player in the electric vehicle market. With a strong focus on innovation and customer experience, Xpeng’s expansion into new models and AI-driven technologies paves the way for a promising future in the automotive industry. As the company strives to achieve nationwide road coverage for its XNGP by the third quarter of this year, Xpeng remains at the forefront of transforming the driving experience with its advanced electric vehicles and AI integration.