Summary by Moomoo AI
Xiaopeng Motor announced a significant increase in smart car delivery data for December and the fourth quarter of 2023. In December 2023, the company delivered 20,115 smart electric vehicles, setting a new monthly delivery record, an increase of 78% year-on-year. Deliveries reached 60,158 vehicles in the fourth quarter, exceeding 60,000 for the first time, an increase of 171% year-on-year. Cumulative deliveries of 141,601 vehicles were delivered year-on-year, an increase of 17% year-on-year to reach 400,311 vehicles by the end of 2023. In addition, the company deployed the XNGP intelligent driving assistance system in 27 new cities in China on 28 December 2023, bringing the total number of cities covered to 52. The company plans to expand XNGP to 200 cities by early 2024. In the same month, Xiaopeng Motor started offering a test drive of the flagship Xiapeng X9, and plans to hold an IPO on January 1, 2024, followed by the start of deliveries of the new car. The Company reminds shareholders and potential investors to exercise caution when trading securities.