XPeng Announces Vehicle Delivery Results for February 2022

XPeng Inc. (NYSE: XPEV, HKEX: 9868), a Chinese smart electric vehicle (“Smart EV”) company, announced its vehicle delivery results for February 2022.

XPeng delivered 6,225 Smart EVs in February 2022, representing a 180% increase year-over-year. The February deliveries consisted of 3,537 P7 smart sports sedans, representing a 151% year-over-year increase. 2,059 P5 smart family sedans were delivered in February, bringing cumulative deliveries of the P5 to 13,953 since its launch in September 2021. Also, 629 G3 & G3i smart compact SUVs were delivered in February.

The technology upgrade at the Zhaoqing plant during the Chinese New Year holiday from late January to early February has been completed. Production at the Zhaoqing plant resumed in mid-February as planned. The upgrade enables the Company to accelerate the delivery of its significant order backlog in hand.

In February 2022, the Company achieved several milestones:

  • XPeng (HKEX: 9868) was added to the Shenzhen-Hong Kong and Shanghai-Hong Kong Stock Connect programs, which allows qualified Chinese Mainland investors to trade eligible Hong Kong shares of XPeng.
  • It was announced that XPeng (HKEX: 9868) will be included in the Hang Seng TECH Index as a constituent stock, effective March 7, 2022, a strong endorsement of the Company’s underlying strength as a technology leader in the smart mobility industry.
  • The Company announced its strategic partnerships with two renowned European automobile players for agency retail collaborations in the Netherlands and Sweden. At the same time, XPeng’s first branded overseas retail experience store opened in Stockholm, Sweden.

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