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XPeng | 6-K: XPeng Announces Vehicle Delivery Results for February 2024

SEC announcement · Mar 1 16:06

XPEV -3.62%

Summary by Moomoo AI

XPeng Inc., a leading Chinese smart electric vehicle (Smart EV) company, has reported its vehicle delivery results for February 2024. The company delivered a total of 4,545 Smart EVs during the month. Notably, the XPENG X9 model reached 1,448 units delivered, with nearly 4,000 units delivered since its launch in the first two months, marking a strong position in the electric MPV and three-row seater BEV segments. XPeng anticipates an acceleration in X9 deliveries in March following a ramp-up in capacity and the resolution of supply chain bottlenecks post-Chinese New Year. Additionally, on February 29, 2024, XPeng rolled out its unlimited XNGP ADAS function to experienced ADAS users in China, offering extensive coverage and a leading smart driving experience. The company highlighted an 83% monthly active user penetration rate for XNGP urban smart driving in February. XPeng owners recorded a total smart driving mileage of 69,777,180 kilometers during the period from January 26 to February 26, with a maximum daily driving mileage of 4 million kilometers collectively and 1,800 kilometers individually. XPeng, headquartered in Guangzhou, China, is committed to driving Smart EV transformation with its in-house developed technology and operates manufacturing plants in Zhaoqing and Guangzhou.

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