XPeng Announces Record Month for July 2021

8,040 vehicles delivered in July 2021, a record month with a 228% increase year-over-year

Guangzhou, China – XPeng Inc. (“XPeng” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for July 2021.

For this month, XPeng recorded its highest-ever monthly deliveries of 8,040 Smart EVs, representing a 228% increase year-over-year, and a 22% increase over last month.

Deliveries in July consisted of 6,054 P7s, the Company’s sports smart sedan, and 1,986 G3s, its smart compact SUV.

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As of July 31, 2021, year-to-date total deliveries of the Company reached 38,778 units, representing a 388% increase year-over-year.

P7 deliveries continued record-breaking momentum in July, reflecting the P7’s rising popularity among China’s tech-savvy consumers. In July 2021, at its first-year anniversary of customer deliveries, total P7 deliveries reach 40,612 since the launch. The P7’s Navigation Guided Pilot (NGP) highway solutions continuously increase appeal to a wider customer base, underpinning the Company’s commitment to technology innovation.

The Company further expanded its product portfolio in July by launching the G3i, the G3 SUV’s mid-phase facelift version, with deliveries expected in September 2021.

Also in July, XPeng announced the presale price range of RMB160,000 – RMB230,000 (post subsidies) for its third production model, the P5 family-friendly smart sedan. Being the world’s first mass-produced Smart EV equipped with auto-grade LiDAR technology, the P5 is already generating an enthusiastic response from consumers in the presale phase. The Company plans to launch the P5 in the third quarter 2021 with deliveries expected in the fourth quarter 2021.

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