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No. 8 Songgang Road, Changxing Street
Cencun, Tianhe District, Guangzhou
Peoples Republic of China
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TABLE OF CONTENTS
|Press release: XPENG Announces Vehicle Delivery Results for February 2023
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: March 2, 2023
XPENG Announces Vehicle Delivery Results for February 2023
Guangzhou, China (BUSINESS WIRE) March 1, 2023 XPeng Inc. (XPENG or the Company, NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (Smart EV) company, today announced its vehicle delivery results for February 2023.
In February 2023, XPENG delivered 6,010 Smart EVs, representing a 15% increase over the prior month.
In parallel with efforts to accelerate market share gains domestically, the Company continued to extend its presence in international markets. In February 2023, XPENG opened its second retail stores in both Denmark and the Netherlands. At the same time, the first European service center also started operation in Lørenskog, Norway. Starting from March, XPENGs City NGP advanced driver assistance function will be implemented on multiple models in a number of cities including Shenzhen and Shanghai, offering more XPENG customers smart driving experiences with elevated convenience.
About XPENG Inc.
XPENG Inc. (XPENG) is a leading Chinese Smart EV company that designs, develops, manufactures, and markets smart EVs that appeal to the large and growing base of technology-savvy middle-class consumers. 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 advanced driver-assistance system technology and in-car intelligent operating system, as well as core vehicle systems including powertrain and the electrical/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 mainly manufactured at its plants in Zhaoqing and Guangzhou, Guangdong province. For more information, please visit https://heyXPENG.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.