XPEV - XPENG Announces Vehicle Delivery Results for December and Fourth Quarter 2023 | Benzinga
- Deliveries in December 2023 reached a new record of 20,115 units, a 78% increase year-over-year
- 60,158 units delivered in Q4 2023, a 171% increase year-over-year
- 141,601 units delivered for the full year of 2023, a 17% increase year-over-year
GUANGZHOU, China, Jan. 01, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (("XPENG" or the "Company, NYSE:XPEV), a leading Chinese smart electric vehicle ("Smart EV") company, today announced its vehicle delivery results for December and the fourth quarter 2023.
In December 2023, XPENG delivered 20,115 Smart EVs, a new record for monthly deliveries, representing a 78% increase year-over-year. Fourth quarter 2023 total vehicle deliveries hit 60,158, exceeding 60,000 quarterly deliveries for the first time and marking a 171% increase year-over-year. Total annual deliveries in 2023 reached 141,601 units, a 17% increase over the prior year. As of December 31, 2023, the Company's total cumulative deliveries reached 400,311 units.
On December 28, XPENG achieved a significant milestone by deploying its XNGP Advanced Driver Assistance System (ADAS) to customers in 27 more cities via an Over-the-Air (OTA) update. Newly added cities include Tianjin, Chengdu, Xi'an, Wuhan and Changsha, expanding XNGP's coverage that's not reliant on HD maps to a total of 52 cities in ...