XPEV - XPeng cumulative delivery reaches 200K units milestone

The Guangzhou-based EV manufacturer Xpeng (NYSE:XPEV) said on Tuesday that XPeng Motors surpassed 200K cumulative deliveries this week, month after its local counterpart NIO delivered its 200,000th mass-produced vehicle, according to an article posted by Cnevpost. The model for which the 200,000th delivery was made was undisclosed by the company. XPeng has delivered 8,359 units in June so far. In the first five months of the year, it delivered 53,688 units. The milestone means user trust, and starting with the G9, XPeng's new product matrix will begin to accelerate, the company's chairman and CEO He Xiaopeng said on Weibo. In month of May, XPeng delivered 10,125 vehicles in May, up 12.5 percent from April and 78 percent from the same month last year.

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XPeng cumulative delivery reaches 200K units milestone