XPEV disclosed a new record of monthly deliveries of 20,002 smart EVs, up 292% Y/Y and +31% over the prior month, representing strong growth momentum for the ninth consecutive month.
The company delivered 8,741 XPENG G6s in October 2023 on higher output, a renowned battery electric SUV in the RMB200,000-RMB250,000 price segment.
Last week, XPEV unveiled its latest go-to-market plan for its full-stack ADAS - XNGP at its 2023 Tech Day event.
The company plans to expand the rollout of XNGP functions that are not reliant on high-definition maps to 50 cities and targets to launch the AI Valet Driver feature to select customers by year-end.
XPEV will release its Q3 FY23 earnings results on November 15, 2023.
Price Action: XPEV shares are up 3.87% at $15.04 premarket on the last check Wednesday.
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