XPEV - XPeng announces 133% Y/Y growth in June deliveries +51% M/M

July, 01 2022 06:37 AM XPeng Inc. American depositary shares each representing two Class A

XPeng ( NYSE: XPEV ) announced June deliveries grew 133% Y/Y to 15,295 Smart EVs and +51% M/M.
The company delivered 34,422 Smart EVs in Q2, +98% Y/Y and on YTD basis delivered 68,983 units, +124% Y/Y.
June deliveries consisted of 8,045 P7s, the Company’s smart sports sedan, 5,598 P5 smart family sedans and 1,652 G3i and G3 smart compact SUVs.
In mid-May, the company accelerated deliveries with resumed double-shift production at its Zhaoqing plant and in June it reached the milestone of 200,000 cumulative deliveries .
In August, the company plans to begin accepting pre-orders for its new, flagship G9 SUV followed by an official launch in September. The Company also plans to release its new City Navigation Guided Pilot after obtaining relevant approvals.
Shares up 1.4% PM, but lost around 37% on YTD basis.
Peers, NIO ( NIO ) delivered 12,961 units in June 2022, +60.3% Y/Y and Li Auto ( LI ) delivered 13,024 Li ONEs in June 2022, +68.9% Y/Y.

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Company Name:	XPeng Inc. American depositary shares each representing two Class A
Stock Symbol:	XPEV
Market:	NYSE
Website:	xiaopeng.com