XPeng On A Roll — 5 Months In A Row Of Sales Growth

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Some could also be claiming EV gross sales aren’t rising, however to that, XPeng can say: “Ha!” That’s as a result of the Chinese language “smart electric vehicle” firm has seen 5 months in a row of each year-over-year gross sales development and month-over-month gross sales development.

With 63,173 autos delivered within the first 7 months of the yr, 20% greater than in the identical interval of 2023. Displaying how a lot gross sales have sped up, 11,145 of these gross sales have been simply in July. That’s about 17.6% of the gross sales within the first 7 months of the yr. It’s additionally a rise of 4% over the earlier month.

Although, maybe XPeng’s run of development will finish quickly, as July’s complete was simply 1% above July 2023’s. Let’s see what August brings.

“Out of the total July deliveries, 1,459 were XPENG X9s, bringing X9’s cumulative total to 14,602 units since its launch in January this year and extending its leadership of both the all-electric MPV and three-row model segments in China,” XPeng adds.

Considerably surprisingly, a whopping 84% of XPeng homeowners residing in cities have adopted XNGP, the corporate’s self-driving software program. As I famous earlier at this time, XPeng is now offering this feature everywhere — throughout China on all kinds of public roads and routes. “By the fourth quarter of 2024, XNGP aims to deliver a ‘door-to-door’ smart driving experience, addressing current gaps in smart driving, such as ETC toll stations on expressways, parking lots, U-turns, roundabouts, private roads in campuses, and narrow paths.”

Additionally, XPeng simply began displaying the MONA M03 at shops in 100 cities throughout China. The electrical hatchback couple ought to give the corporate one other gross sales increase. Keep tuned!