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TABLE OF CONTENTS
|Exhibit 99.1||Press release: XPeng Announces Vehicle Delivery Results for September and Third 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.
|Title:||Chairman and Chief Executive Officer|
Date: October 4, 2021
XPeng Announces Vehicle Delivery Results for September and Third Quarter 2021
Monthly deliveries reached 10,000-unit milestone
10,412 vehicles delivered in September 2021, a record month and a 199% increase year-over-year
25,666 vehicles delivered in Q3 2021, a record quarter and a 199% increase year-over-year
7,512 P7s delivered in September 2021, a record month and a 192% increase year-over-year
56,404 total vehicles delivered year-to-date, a 301% increase year-over-year
Guangzhou, China, October 1, 2021 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 September 2021 and the third quarter 2021.
XPeng recorded its highest-ever monthly deliveries in September of 10,412 Smart EVs, representing a 199% increase year-over-year, and a 44% increase over last month. The Company also achieved a quarterly record of 25,666 deliveries in the third quarter 2021, representing a 48% increase quarter-over-quarter and 199% increase year-over-year.
Deliveries in September consisted of 7,512 P7s, the Companys smart sports sedan, and 2,656 G3 and G3i smart SUVs as well as 244 P5 smart family sedans which were officially launched on September 15.
As of September 30, 2021, year-to-date total vehicle deliveries reached 56,404, representing a 301% increase year-over-year. P7 deliveries in September were the highest monthly total since its launch and contributed 39,227 units to the Companys cumulative January-September deliveries in 2021.
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 main offices in Beijing, Shanghai, Silicon Valley, San Diego and Amsterdam. The Companys Smart EVs are manufactured at its plant in Zhaoqing, Guangdong province. 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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