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Benzinga

Business

Shivani Kumaresan

XPeng Records 133% Growth In June Deliveries

Xpeng XPEV Company NYSE Xpeng Inc SUV

XPeng Inc (NYSE:XPEV) has delivered 15,295 Smart EVs in June 2022, representing a 133% increase year-over-year and a 51% growth over May 2022.
The company’s second-quarter delivery jumped 98% Y/Y to 34,422 vehicles.
As of June 30, 2022, year-to-date total deliveries reached 68,983 units, a 124% increase Y/Y.
Beginning in mid-May, XPeng resumed double-shift production at its Zhaoqing plant and reached the milestone of 200,000 cumulative deliveries in June.
XPeng plans to begin accepting pre-orders for its new, flagship G9 SUV in August, followed by an official launch in September.
Price Action: XPEV shares are trading higher by 2.21% at $32.44 in premarket on the last check Friday.
Photo Via Company

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