Exhibit 99.1
XPENG Announces Vehicle Delivery Results for July 2024
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11,145 vehicles delivered in July 2024, marking the fifth consecutive month of both month-over-month and
year-over-year growth |
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63,173 vehicles delivered in the first seven months of 2024, a 20% year-over-year increase
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GUANGZHOU, China, August 01, 2024 (GLOBE NEWSWIRE) XPeng Inc. (XPENG or the Company, NYSE: XPEV and
HKEX: 9868), a leading Chinese smart electric vehicle (Smart EV) company, today announced its vehicle delivery results for July 2024.
In
July, XPENG delivered 11,145 Smart EVs, up 1% year-over-year and 4% over the prior month. Out of the total July deliveries, 1,459 were XPENG X9s, bringing X9s cumulative total to 14,602 units since its launch in January this year and extending
its leadership of both the all-electric MPV and three-row model segments in China. Overall, XPENG delivered 63,173 Smart EVs in the first seven months of 2024, a 20%
increase from last year.
In July, XNGPs monthly active user penetration rate in urban driving reached 84%. A strategic upgrade was highlighted at
the recent XPENG Smart AI Technology Conference in Guangzhou, leveling up XNGP from available nationwide to smooth experience anywhere. This upgrade has now been fully rolled out, offering users nationwide access to the
enhanced XNGP on all public roads with navigation maps, regardless of city, route, or road condition. By the fourth quarter of 2024, XNGP aims to deliver a
door-to-door smart driving experience, addressing current gaps in smart driving, such as ETC toll stations on expressways, parking lots, U-turns, roundabouts, private roads in campuses, and narrow paths.
Beginning August 1, 2024, the first batch of
display cars for XPENG MONA M03, a smart all-electric hatchback coupe, will arrive at XPENG showrooms nationwide.
About XPENG
XPENG is a leading Chinese Smart EV company
that designs, develops, manufactures, and markets Smart EVs that appeal to the large and growing base of technology-savvy middle-class consumers. Its mission is to drive Smart EV transformation with technology, shaping the mobility experience of the
future. In order to optimize its customers mobility experience, XPENG develops in-house its full-stack advanced driver-assistance system technology and in-car
intelligent operating system, as well as core vehicle systems including powertrain and the electrical/electronic architecture. XPENG is headquartered in Guangzhou, China, with main offices in Beijing, Shanghai, Silicon Valley, San Diego and
Amsterdam. XPENGs Smart EVs are mainly manufactured at its plants in Zhaoqing and Guangzhou, Guangdong province. For more information, please visit https://www.xpeng.com/.