XPeng Delivered 10,668 Smart EVs In June, Up By 24% YoY And 5% MoM
Portfolio Pulse from Benzinga Newsdesk
XPeng Inc. (NYSE:XPEV) reported a 24% YoY and 5% MoM increase in Smart EV deliveries for June, totaling 10,668 units. The company also announced significant updates to its AI Tianji OS and the upcoming nationwide availability of XNGP. XPeng plans to unveil the Mona M03 hatchback coupe in July.
July 01, 2024 | 9:02 am
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XPeng Inc. reported a 24% YoY and 5% MoM increase in Smart EV deliveries for June, totaling 10,668 units. The company also announced significant updates to its AI Tianji OS and the upcoming nationwide availability of XNGP. XPeng plans to unveil the Mona M03 hatchback coupe in July.
The significant increase in vehicle deliveries, along with upcoming product launches and software updates, is likely to positively impact XPeng's stock price in the short term. The 24% YoY and 5% MoM growth in deliveries indicates strong demand, while the new features and models could attract more customers and investors.
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