XPeng shares jumped 2.5% in premarket trading

XPeng shares jumped 2.5% in premarket trading as XPeng maintained strong momentum in October with a total 10,138 Smart EVs delivered, representing a 233% increase year-over-year and the second month surpassing the 10,000-unit benchmark despite the semiconductor shortage.

XPeng Inc. today announced its vehicle delivery results for October 2021.

• 10,138 vehicles delivered in October 2021, a 233% increase year-over-year
• 6,044 P7s delivered in October 2021, a 187% increase year-over-year
• 66,542 total vehicles delivered year-to-date, a 289% increase year-over-year
• Cumulative deliveries exceeded 100,000 as at the end of October 2021

XPeng maintained strong momentum in October with a total 10,138 Smart EVs delivered, representing a 233% increase year-over-year and the second month surpassing the 10,000-unit benchmark despite the semiconductor shortage.

Deliveries in October consisted of 6,044 P7 smart sports sedans, representing a 187% increase year-over-year. The Company delivered 3,657 G3 and G3i smart SUVs, reaching a monthly record since the G3’s launch in December 2018. The P5 smart family sedans, launched in September 2021, demonstrated strong market appeal with 437 units delivered in October and a solid order backlog.

As of October 31, 2021, year-to-date total vehicle deliveries reached 66,542, representing a 289% increase year-over-year, including 45,271 P7 deliveries.

The Company’s cumulative deliveries exceeded 100,000 as at the end of October 2021, reflecting its robust business momentum and customer recognition.

The Company continues to expand its supercharging facilities to address increasing customer demand. XPeng’s branded supercharging network spans urban commuting thoroughfares and highways through 439 stations across 121 Chinese cities, as of September 30, 2021. The Company now offers free supercharging services to customers at 1,648 stations in 221 cities across China.