{"id":21317,"date":"2024-09-01T16:38:23","date_gmt":"2024-09-01T16:38:23","guid":{"rendered":"https:\/\/allonlinebanglanewspapers.com\/news\/xpeng-announces-vehicle-delivery-results-for-august-2024\/"},"modified":"2024-09-01T16:38:23","modified_gmt":"2024-09-01T16:38:23","slug":"xpeng-announces-vehicle-delivery-results-for-august-2024","status":"publish","type":"post","link":"https:\/\/allonlinebanglanewspapers.com\/news\/xpeng-announces-vehicle-delivery-results-for-august-2024\/","title":{"rendered":"XPENG Announces Vehicle Delivery Results for August 2024"},"content":{"rendered":"
\n

GUANGZHOU, China, Sept. 01, 2024 (GLOBE NEWSWIRE) — XPeng Inc. (\u201cXPENG\u201d or the \u201cCompany,\u201d NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (\u201cSmart EV\u201d) company, today announced its vehicle delivery results for August 2024.<\/p>\n

XPENG delivered 14,036 Smart EVs in August, representing increases of 3% year-over-year and 26% over the prior month. In the first eight months of 2024, XPENG delivered 77,209 Smart EVs, a 17% increase from the same period last year.<\/p>\n

On August 27, 2024, XPENG held its 10th Anniversary Gala Night along with the official market launch of MONA M03, an intelligent all-electric hatchback coupe with three versions at prices ranging between RMB119,800 and RMB155,800, in China. With its Max version featuring the XNGP ADAS, MONA M03 is the world\u2019s first mass-produced vehicle to offer high-level ADAS functionality for under RMB200,000.<\/p>\n

On August 30, 2024, the first batch of MONA M03s was delivered to customers at the Chengdu Auto Show. As the first model to usher in XPENG\u2019s second decade, MONA M03 boasts attractive styling, advanced intelligence and superior drivability surpassing those commonly found in the above-RMB200,000 market segment, affordably bringing a new flagship for the AI-defined smart mobility era to younger audiences.<\/p>\n

During the event, XPENG also announced its new goal for the next ten years: to become a global AI-defined automotive company. Accordingly, the Company unveiled its AI architecture as well as the XPENG Turing chip\u00a0that is applicable to robots, AI-defined cars and eVOTLs. The Company also introduced XPENG\u2019s next-generation AI Hawkeye Visual Solution – China\u2019s first mass-produced visual-based solution for high-level ADAS that\u2019s not reliant on LIDAR.<\/p>\n

In August, XPENG rolled out its over-the-air (OTA) AI Tianji XOS 5.2 upgrade to all eligible overseas owners, bringing them a seamless OTA experience at an unprecedented speed. In August, XNGP\u2019s monthly active user penetration rate in urban driving reached 85%.<\/p>\n

(XPENG MONA M03s lined up for nationwide delivery)<\/p>\n

About XPENG<\/strong><\/p>\n

XPENG is a leading Chinese Smart EV company that designs, develops, manufactures, and markets Smart EVs that appeal to the large and growing base of technology-savvy middle-class consumers. Its mission is to drive Smart EV transformation with technology, shaping the mobility experience of the future. In order to optimize its customers\u2019 mobility experience, XPENG develops in-house its full-stack advanced driver-assistance system technology and in-car intelligent operating system, as well as core vehicle systems including powertrain and the electrical\/electronic architecture. XPENG is headquartered in Guangzhou, China, with main offices in Beijing, Shanghai, Silicon Valley, San Diego and Amsterdam. XPENG\u2019s Smart EVs are mainly manufactured at its plants in Zhaoqing and Guangzhou, Guangdong province. For more information, please visit https:\/\/www.xpeng.com\/<\/a>.<\/p>\n

Safe Harbor Statement<\/strong><\/p>\n

This announcement contains forward-looking statements. These statements are made under the \u201csafe harbor\u201d provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as \u201cwill,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201cfuture,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cbelieves,\u201d \u201cestimates\u201d and similar statements. Statements that are not historical facts, including statements about XPENG\u2019s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent 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\u2019s goals and strategies; XPENG\u2019s expansion plans; XPENG\u2019s future business development, financial condition and results of operations; the trends in, and size of, China\u2019s EV market; XPENG\u2019s expectations regarding demand for, and market acceptance of, its products and services; XPENG\u2019s expectations regarding its relationships with customers, contract manufacturers, suppliers, third-party service providers, strategic partners and other stakeholders; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in XPENG\u2019s filings with the SEC. All information provided in this press release is as of the date of this press release, and XPENG does not undertake any obligation to update any forward-looking statement, except as required under applicable law.<\/p>\n

Contacts:<\/strong><\/p>\n

For Investor Enquiries:<\/strong><\/p>\n

IR Department
XPeng Inc.
Email:\u00a0ir@xiaopeng.com<\/a><\/p>\n

Jenny Cai
Piacente Financial Communications
Tel: +1 212 481 2050 \/ +86 10 6508 0677
Email:\u00a0xpeng@tpg-ir.com<\/a><\/p>\n

For Media Enquiries:<\/strong><\/p>\n

PR Department
XPeng Inc.
Email:\u00a0pr@xiaopeng.com<\/a><\/p>\n

Source:\u00a0XPeng Inc.<\/p>\n

A photo accompanying this announcement is available at:
https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/d3e96044-90c8-4c95-815d-0e6dffd220dc<\/a><\/p>\n

\n <\/div>\n","protected":false},"excerpt":{"rendered":"

GUANGZHOU, China, Sept. 01, 2024 (GLOBE NEWSWIRE) — XPeng Inc. (\u201cXPENG\u201d or the \u201cCompany,\u201d NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (\u201cSmart EV\u201d) company, today announced its vehicle delivery results for August 2024. XPENG delivered 14,036 Smart EVs in August, representing increases of 3% year-over-year and 26% over the prior month. 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