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6-K: Vehicle Delivery Results For June And First Half 2024

SEC ·  Jul 2 23:29

Summary by Futu AI

XPeng Inc., a leading Chinese smart electric vehicle company, has reported a significant increase in vehicle deliveries for June 2024 and the first half of the year. In June, the company delivered 10,668 Smart EVs, marking a 24% year-over-year increase and a 5% rise from the previous month. The XPENG X9 model has been particularly successful, with 1,687 units delivered in June and a total of 13,143 units since its launch six months ago, leading its segment in China. For the first half of 2024, XPENG's total deliveries reached 52,028 Smart EVs, a 26% increase from the previous year. The company also highlighted the high user engagement with its autonomous driving technology, XNGP, which had an 84% monthly active user penetration rate in urban driving scenarios. XPENG announced...Show More
XPeng Inc., a leading Chinese smart electric vehicle company, has reported a significant increase in vehicle deliveries for June 2024 and the first half of the year. In June, the company delivered 10,668 Smart EVs, marking a 24% year-over-year increase and a 5% rise from the previous month. The XPENG X9 model has been particularly successful, with 1,687 units delivered in June and a total of 13,143 units since its launch six months ago, leading its segment in China. For the first half of 2024, XPENG's total deliveries reached 52,028 Smart EVs, a 26% increase from the previous year. The company also highlighted the high user engagement with its autonomous driving technology, XNGP, which had an 84% monthly active user penetration rate in urban driving scenarios. XPENG announced an upcoming nationwide OTA update in July to expand XNGP's availability on all public roads and introduce more end-to-end large model applications. Additionally, a major upgrade to its AI-powered in-car operating system, AI Tianji OS, is planned for the third quarter, coinciding with its international launch. XPENG is also set to reveal more details about the all-electric hatchback coupe, Mona M03, in July, which boasts a low drag coefficient and AI-powered aesthetic design. The company continues to focus on technology-driven Smart EVs and maintains manufacturing operations in Zhaoqing and Guangzhou, Guangdong province.

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