GUANGZHOU, China–(Company WIRE)–Apr 1, 2021–
XPeng Inc. (“XPeng” or the “Company”, NYSE: XPEV), a foremost Chinese clever electric motor vehicle (“Smart EV”) enterprise, now declared its automobile delivery outcomes for March and the first quarter 2021.
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XPeng G3 and P7 (Photo: Company Wire)
Xpeng shipped a overall of 5,102 Wise EVs in March 2021, consisting of 2,855 P7s, the Company’s sports sensible sedan, and 2,247 G3s, its clever compact SUV. The Company’s March deliveries depict a 384% enhance calendar year-around-year and a 130% boost from the earlier month.
The Company accomplished file quarterly deliveries of 13,340 Sensible EVs in the first quarter of 2021, symbolizing a 487% enhance 12 months-above-year, demonstrating its robust progress momentum irrespective of the seasonal industry-wide slowdown in automobile sales.
The Enterprise attributed the file quarterly deliveries to its rising model recognition and product or service attractiveness, expanded product or service portfolio and its relentless attempts in broadening income, promoting and supercharging company networks across China.
In March 2021, the Corporation attained the benchmark of providing cumulative 50,000 Good EVs and started off deliveries of its P7 Wing edition which was unveiled in November previous 12 months. The Business also released lithium iron phosphate, or LFP, battery-run G3 SUVs and P7 sedans in China, anticipating deliveries to start in April and May perhaps, respectively. Run by its proprietary Navigation Guided Pilot, XPeng efficiently completed China’s longest autonomous driving expedition in March, location documents for autonomous driving in the manufacturing automobile classification. XPeng programs to unveil its 3rd manufacturing design in the 2nd quarter 2021, with deliveries planned in the fourth quarter 2021.
Xpeng is a main Chinese good electric vehicle organization that types, develops, manufactures, and markets Good EVs that enchantment to the significant and developing base of technologies-savvy middle-course people in China. Its mission is to travel Smart EV transformation with technological innovation and information, shaping the mobility experience of the foreseeable future. In purchase to enhance its customers’ mobility knowledge, Xpeng develops in-household its total-stack autonomous driving know-how and in-car or truck intelligent running system, as properly as main vehicle programs which includes powertrain and the electrification/electronic architecture. Xpeng is headquartered in Guangzhou, China, with places of work in Beijing, Shanghai, Silicon Valley and San Diego. The Company’s Sensible EVs are manufactured at crops in Zhaoqing and Zhengzhou, found in Guangdong and Henan provinces, respectively. For far more information and facts, please pay a visit to https://en.xiaopeng.com.
Risk-free Harbor Statement
This announcement incorporates forward-wanting statements. These statements are produced beneath the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-wanting statements can be determined by terminology these as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and identical statements. Statements that are not historic information, together with statements about Xpeng’s beliefs and anticipations, are forward-looking statements. Forward-hunting statements involve inherent pitfalls and uncertainties. A variety of aspects could lead to true results to vary materially from those contained in any ahead-on the lookout assertion, such as but not constrained to the next: Xpeng’s goal and methods Xpeng’s expansion designs Xpeng’s long term enterprise growth, fiscal affliction and outcomes of functions the traits in, and size of, China’s EV marketplace Xpeng’s anticipations relating to demand for, and market acceptance of, its products and expert services Xpeng’s expectations pertaining to its relationships with buyers, deal brands, suppliers, third-occasion assistance providers, strategic companions and other stakeholders normal economic and small business disorders and assumptions underlying or relevant to any of the foregoing. Additional information and facts regarding these and other risks is provided in Xpeng’s filings with the SEC. All data offered in this press launch is as of the date of this press release, and Xpeng does not undertake any obligation to update any ahead-seeking assertion, other than as necessary underneath relevant legislation.
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PUB: 04/01/2021 02:36 AM/DISC: 04/01/2021 02:36 AM
Copyright Organization Wire 2021.