GUANGZHOU, China – XPeng Inc. (“XPeng” or the “Company”, NYSE: XPEV), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for February 2021.
XPeng delivered a total of 2,223Smart EVs in February 2021, consisting of 1,409 P7s, the Company’s smart sports sedan, and 814 G3s, its smart compact SUV. Vehicle deliveries in January and February 2021 combined represented a 577% increase year-over-year. Cumulative P7 deliveries reached 20,181 since its launch in the second quarter 2020.
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February deliveries reflect the anticipated seasonal decline in deliveries due to the slowdown in the week-long Chinese New Year holiday. The Company is witnessing robust customer demand as sales and delivery activities resumed after the holiday.
Xpeng is a leading Chinese smart electric vehicle company that designs, develops, manufactures, and markets Smart EVs that appeal to the large and growing base of technology-savvy middle-class consumers in China. Its mission is to drive Smart EV transformation with technology and data, shaping the mobility experience of the future. In order to optimize its customers’ mobility experience, Xpeng develops in-house its full-stack autonomous driving technology and in-car intelligent operating system, as well as core vehicle systems including powertrain and the electrification/electronic architecture. Xpeng is headquartered in Guangzhou, China, with offices in Beijing, Shanghai, Silicon Valley and San Diego. The Company’s Smart EVs are manufactured at plants in Zhaoqing and Zhengzhou, located in Guangdong and Henan provinces, respectively.