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XPeng March deliveries rise 130% M/M to 5,102 vehicles

seeking alpha2021-04-01

  • XPeng(NYSE:XPEV)deliversa total of 5,102 Smart EVs in March 2021, an increase of 384% Y/Y and 130% M/M.
  • March deliveries consisted of 2,855 P7s, and 2,247 G3s.
  • The Company achieved record quarterly deliveries of 13,340 Smart EVs in Q1 2021, +487% Y/Y.
  • XPEV attributed the record quarterly deliveries to its growing brand recognition and product appeal, expanded product portfolio and broadening service networks across China.
  • In March 2021, the Company reached the benchmark of delivering cumulative 50,000 Smart EVs and started deliveries of its P7 Wing edition.
  • XPeng also launched lithium iron phosphate, or LFP, battery-powered G3 SUVs and P7 sedans in China, anticipating deliveries to begin in April and May, respectively.
  • The company plans to unveil its third production model in Q2, with deliveries planned in Q4 2021.
  • XPeng also completed China’s longest autonomous driving expedition in March, setting records for autonomous driving in the production vehicle category.
  • XPEV was on this week's Seeking Alpha's Catalyst Watch as BloombergNEF was to host a webinar covering theelectric vehicle space.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Comment31

  • w8w8
    ·2021-04-04
    Steamed 
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  • KSONG
    ·2021-04-03
    Nice. Like n comment pls 
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  • sUs
    ·2021-04-02
    Up up up... 
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  • EriViL
    ·2021-04-02
    Keep the price up too!
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  • HunterX
    ·2021-04-02
    Again, invest 200 every month for next 5 yrs and everyday be happy.
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  • DreamyLucid
    ·2021-04-01
    Great result with strong MoM deliveries. 
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  • Khay
    ·2021-04-01
    Go xpeng! Rise again!
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    • YiiYii
      [财迷]
      2021-04-01
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  • Wallstrtbets
    ·2021-04-01
    KopiPeng...
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    • Khay
      gao xiu dai
      2021-04-01
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  • Big__Boss
    ·2021-04-01
    reply my comment pls
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  • Noxology
    ·2021-04-01
    Sweet 
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  • Jewoo
    ·2021-04-01
    Yes sir.
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  • BobaTrading
    ·2021-04-01
    Yessss
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  • Nahtee
    ·2021-04-01
    [財迷]
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  • JohnL
    ·2021-04-01
    Awesome and stellar results
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  • vbjvvbb
    ·2021-04-01
    Wow
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  • Eaglewings
    ·2021-04-01
    Just a tip of the ice. More explosive growth will come
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  • Cheekwong
    ·2021-04-01
    Good news , can buy in more 
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  • KW1
    ·2021-04-01
    Buy xpeng
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  • 9MMatCha
    ·2021-04-01
    Xpeng or Nio better? ?
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    • HunterX
      Get both buddy. Xpeng expert in oversea. Nio expert inLand.
      2021-04-02
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    • DreamyLucid
      Xpeng. Comapring both, NIO is more overvalued.
      2021-04-02
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  • 9MMatCha
    ·2021-04-01
    Xpeng or Nio better? ?
    Reply
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