XPeng announced its delivery results for May 2021
Partly thanks to the recent introduction of more affordable LFP (LiFePO4) battery options in the G3 and P7 models, May was a good month of sales for XPeng.
- 5,686 vehicles delivered in May 2021, a 483% increase year-over-year
- 3,797 P7s delivered in May 2021, a record high monthly delivery
- Year-to-date deliveries reached 24,173, a 427% increase year-over-year
GUANGZHOU, China–(BUSINESS WIRE)– XPeng Inc. (“XPeng” or the “Company,” NYSE: XPEV), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for May 2021.
XPeng delivered a total of 5,686 Smart EVs in May 2021, representing a 483% increase year-over-year, and a 10% increase over last month. The May deliveries consisted of 3,797 P7s, the Company’s sports smart sedan, and 1,889 G3s, its smart compact SUV. As of May 31, 2021, year-to-date total deliveries reached 24,173 units, representing a 427% increase year-over-year.
The number of P7s delivered in May reached a record high of 3,797, demonstrating the strong customer appeal of XPeng’s market-leading smart features. Launched in January this year, XPILOT 3.0 and its Navigation Guided Pilot (NGP) highway solutions have achieved a strong set of customer utilization rates. Additionally, these solutions enable the Company to generate incremental revenues from its proprietary XPILOT software.
The launch of the P7 Wing edition, and the lithium iron phosphate (LFP) battery-powered G3 and P7 also contributed to the strong delivery results to date.
As for the much-awaited XPeng P5, it will soon join the carmaker’s line-up later this year, also with LFP (LiFePO4) battery options.