Summary by Futu AI
XPeng Inc., a leading Chinese smart electric vehicle company, has reported a significant increase in vehicle deliveries for May 2024. The company delivered 10,146 Smart EVs, marking a 35% year-over-year growth and an 8% increase from the previous month. The XPENG X9 model continued to lead in its segment, with 1,625 units delivered in May, contributing to a total of 11,456 units since its launch. Overall, XPENG's year-to-date deliveries reached 41,360 Smart EVs, a 26% increase compared to the same period last year. Additionally, the company's monthly active user penetration rate for its XNGP autonomous driving technology in urban scenarios hit 84%. XPENG's R&D team has also surpassed 6.46 million kilometers in accredited on-road test mileage for XNGP, aiming for full nationwide...Show More