XPENG Announced Delivery Of 20,041 Smart EVs In November 2023, Up 245% YoY
Portfolio Pulse from Benzinga Newsdesk
XPeng Inc. (NYSE:XPEV), a leading Chinese smart electric vehicle company, reported a record delivery of 20,041 Smart EVs in November 2023, marking a 245% increase from the previous year. The XPENG G6 was the top-selling electric SUV in its price range, with 8,750 units delivered. This achievement represents the company's 10th consecutive month of delivery growth, with a year-to-date total of 121,486 units, surpassing the total deliveries for 2022.
December 01, 2023 | 9:09 am
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XPeng Inc. reported a significant year-over-year increase in Smart EV deliveries for November 2023, with a new monthly record and consistent growth over the past 10 months.
The substantial year-over-year growth in deliveries, especially the strong performance of the XPENG G6, is likely to be viewed positively by investors. This consistent increase in deliveries indicates robust demand and operational efficiency, which could lead to a positive short-term impact on XPEV's stock price.
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