Guangzhou, China -(work wire) – XPeng Inc. announced today. (“XPeng” or “Company” NYSE: XPEV and HKEX: 9868), the leading Chinese manufacturer of smart electric vehicles (“Smart EV”), vehicle delivery results for May 2022.
XPeng delivered 10,125 smart electric vehicles in May 2022, which is a 78% increase year-over-year. Deliveries in May consisted of 4,224 P7 smart sports sedan, 3,686 P5 smart family sedan, as well as 2,215 G3 smart compact SUVs.
As of May 31, 2022, total deliveries to date are 53,688, which is a 122% increase year-over-year.
The company resumed double-shift production at its Zhaoqing plant starting in mid-May as supply chains and key manufacturing regions in China gradually began to recover. XPeng is doing its best to speed up the delivery of strong backlogs.
The company continues to upgrade its products and will launch ACC-L and LCC-L over-the-air (OTA) updates soon. The ACC-L and LCC-L will become the industry’s first adaptive cruise control and lane center control function that relies on LiDAR-based camera and visualization. As of the end of April 2022, XPeng has operated 954 self-managed charging stations, including 774 supercharging stations and 180 destination charging stations across China.
About XPeng Inc.
XPeng is a leading Chinese smart vehicle manufacturer, which designs, develops, manufactures and markets smart vehicles that attract a large and growing base of tech-savvy middle-class consumers in China. Its mission is to drive the intelligent transformation of electric vehicles using technology and data, shaping the mobility experience of the future. In order to improve the commuting experience of its customers, XPeng is developing integrated advanced driver assistance system technology and intelligent in-vehicle operating system, as well as core vehicle systems including powertrain and electrical/electronic engineering. XPeng is headquartered in Guangzhou, China, with main offices in Beijing, Shanghai, Silicon Valley, San Diego and Amsterdam. The company’s smart electric vehicles are mainly manufactured at its factory in Zhaoqing, Guangdong Province. For more information, please visit the website https://heyxpeng.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the United States Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by terms such as “will,” “expect,” “expect,” “future,” “intend,” “plan” “believes”, “estimates” and similar statements. Statements that are not historical facts, including statements about XPeng’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: XPeng’s objectives and strategies; XPeng’s expansion plans; XPeng’s future business development, financial position and results of operations; trends and size of the electric vehicle market in China; XPeng’s expectations regarding demand for its products its services and market acceptance; XPeng’s expectations regarding its relationships with customers, contract manufacturers, suppliers, third-party service providers, strategic partners, and other stakeholders; general economic and business conditions; and underlying or associated assumptions any of the above. More information about these and other risks is included in XPeng’s filings with the Securities and Exchange Commission. All information in this press release is as of the date of this press release, and XPeng undertakes no obligation to update any forward-looking statement, except as required by applicable law.
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