XPeng Delivered 11.145K Smart EVs In July 2024, Up 1% YoY and 4% MoM
Portfolio Pulse from Benzinga Newsdesk
XPeng Inc. (NYSE:XPEV) reported delivering 11,145 Smart EVs in July 2024, marking a 1% year-over-year and 4% month-over-month increase. The company has delivered 63,173 Smart EVs in the first seven months of 2024, a 20% increase from last year.
August 01, 2024 | 9:22 am
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XPeng Inc. delivered 11,145 Smart EVs in July 2024, showing a 1% YoY and 4% MoM increase. The company has delivered 63,173 Smart EVs in the first seven months of 2024, a 20% increase from last year.
The increase in vehicle deliveries, both on a monthly and yearly basis, indicates strong demand and operational efficiency. This positive performance is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100