XPEV - XPeng deliveries down 42% M/M to 9002 on supply chain issues

XPeng (NYSE:XPEV) delivers 9,002 Smart EVs in April 2022, representing a 75% Y/Y and down 41.6% M/M. The April deliveries consisted of 3,714 P7 smart sports sedans, 3,564 P5 smart family sedans, as well as 1,724 G3i and G3 smart compact SUVs. YTD total deliveries reached 43,563, up 136% Y/Y. The COVID situation has impacted the overall supply chain, manufacturing and transportation of automobiles in China The M/M reduction is much better than NIO's M/M decline of almost 50% and Li Auto M/M decline of 62%. XPEV is on Seeking Alpha Catalyst Watch for the week. Source: Press Release

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XPeng deliveries down 42% M/M to 9,002 on supply chain issues