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TABLE OF CONTENTS
|Exhibit 99.1||Press release: XPeng Announces Vehicle Delivery Results for June and Second Quarter 2021|
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Chairman and Chief Executive Officer
Date: July 2, 2021
XPeng Announces Vehicle Delivery Results for June and Second Quarter 2021
6,565 vehicles delivered in June 2021, a record month with a 617% increase year-over-year
17,398 vehicles delivered in 2Q 2021, a record quarter with a 439% increase year-over-year
4,730 P7s delivered in June 2021, the highest monthly deliveries since the P7s launch
30,738 total vehicles delivered year-to-date, a 459% increase year-over-year
GUANGZHOU, China(BUSINESS WIRE) XPeng Inc. (XPeng or the Company, NYSE: XPEV, HKEX: 9868.HK), a leading Chinese smart electric vehicle (Smart EV) company, today announced its vehicle delivery results for June 2021 and the second quarter 2021.
XPeng recorded its highest-ever monthly deliveries in June of 6,565Smart EVs, representing a 617% increase year-over-year, and a 15% increase over last month. The Company also achieved a quarterly record of 17,398 deliveries in the second quarter 2021, marking a 439% increase year-over-year.
June deliveries consisted of 4,730 P7s, the Companys sports smart sedan, and 1,835 G3s, its smart compact SUV. As of June 30, 2021, year-to-date total deliveries reached 30,738 units, representing a 459% increase year-over-year.
P7 deliveries continued record-breaking growth in June, reflecting the P7s rising popularity among Chinas tech-savvy consumers. Since mid-2020, 34,588 P7s have been delivered. The P7s Navigation Guided Pilot (NGP) highway solutions are attracting wide customer appeal, reinforcing the Companys commitment to technology innovation.
The Company plans to launch the G3i SUV, the new mid-phase facelift version of G3, in July 2021, with deliveries planned for September this year. XPeng also plans to launch its third production model, the P5 family-friendly smart sedan, in the third quarter 2021 with deliveries expected in the fourth quarter 2021. Upon delivery, the P5 will be the worlds first mass-produced Smart EV equipped with auto-grade LiDAR technology.
About XPeng Inc.
XPeng is a leading Chinese smart electric vehicle company that designs, develops, manufactures, and markets Smart EVs that appeal to the large and growing base of technology-savvy middle-class consumers in China. Its mission is to drive Smart EV transformation with technology and data, shaping the mobility experience of the future. In order to optimize its customers mobility experience, XPeng develops in-house its full-stack autonomous driving technology and in-car intelligent operating system, as well as core vehicle systems including powertrain and the electrification/electronic architecture. XPeng is headquartered in Guangzhou, China, with offices in Beijing, Shanghai, Silicon Valley and San Diego. The Companys Smart EVs are manufactured at plants in Zhaoqing and Zhengzhou, located in Guangdong and Henan provinces, respectively. For more information, please visit https://en.xiaopeng.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as will, expects, anticipates, future, intends, plans, believes, estimates and similar statements. Statements that are not historical facts, including statements about XPengs beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: XPengs goals and strategies; XPengs expansion plans; XPengs future business development, financial condition and results of operations; the trends in, and size of, Chinas EV market; XPengs expectations regarding demand for, and market acceptance of, its products and services; XPengs expectations regarding its relationships with customers, contract manufacturers, suppliers, third-party service providers, strategic partners and other stakeholders; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in XPengs filings with the SEC. All information provided in this press release is as of the date of this press release, and XPeng does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
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Source: XPeng Inc.