XPeng Delivered 4,545 Smart EVs in February 2024, Deliveries of XPENG X9 Reached 1,448 Units
Portfolio Pulse from Benzinga Newsdesk
XPeng Inc. announced its February 2024 vehicle delivery results, delivering 4,545 Smart EVs, including 1,448 units of the XPENG X9. The X9 has nearly reached 4,000 units in its first two months, leading in the electric MPV and three-row seater BEV segments. The company expects to accelerate X9 deliveries in March due to capacity ramp-up and the resolution of supply chain issues.
March 01, 2024 | 9:19 am
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XPeng Inc. delivered 4,545 Smart EVs in February 2024, including 1,448 XPENG X9 units, indicating strong performance and leadership in its segment.
The delivery numbers for February 2024, especially the performance of the XPENG X9, demonstrate XPeng Inc.'s strong market position and growth in the Smart EV sector. The resolution of supply chain issues and the expected acceleration of X9 deliveries in March suggest positive momentum, likely leading to increased investor confidence and potentially a positive impact on XPEV's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100