XPENG and NIO Provide Delivery Updates for November 2022

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

In November, XPENG delivered 5,811 Smart EVs to customers as it mitigated challenges brought by COVID-related restrictions and disruptions.

The Company delivered 1,546 Flagship G9 SUVs to customers in November against a challenging operating backdrop which affected G9’s production ramp-up and delivery services in certain areas.

As of November 30, 2022, year-to-date deliveries reached 109,465, representing a 33% increase year-over-year.

The Company expects that deliveries will significantly increase in December 2022 as G9’s production ramp-up accelerates under normalized operating conditions.

As for NIO, the company delivered 14,178 vehicles in November 2022, a new record-high monthly delivery, representing an increase of 30.3% year-over-year. The deliveries consisted of 8,003 premium smart electric SUVs including 4,897 ES7s, and 6,175 premium smart electric sedans including 3,207 ET7s and 2,968 ET5s. Cumulative deliveries of NIO vehicles reached 273,741 as of November 30, 2022. NIO will further accelerate the production and delivery in December 2022.

On November 16, 2022, the ET7 was awarded the maximum five-star rating in the latest safety tests of European New Car Assessment Programme (NCAP) with its innovative body materials application and high-strength structural design. In addition, the ET7 has also secured a top five-star rating in the latest Green NCAP with high scores on clean air, energy efficiency and greenhouse gas.

On November 28, 2022, NIO and Tencent Holdings Limited (00700.HK) entered into a strategic cooperation agreement to further deepen partnership in the areas of autonomous driving-related cloud services, intelligent driving maps and digital ecosystem to provide users with experiences beyond expectation.

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