XPeng Reported Delivery Of 21,352 Smart EVs In September 2024, Up By 39% YoY And 52% MoM
Portfolio Pulse from Benzinga Newsdesk
XPeng Inc. reported a record delivery of 21,352 Smart EVs in September 2024, marking a 39% YoY and 52% MoM increase. The XPENG MONA M03 model saw over 10,000 units delivered in its first month. The company is expanding its market presence in Europe and plans to unveil new models and AI technologies at the 2024 Paris Motor Show.
October 01, 2024 | 6:53 am
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XPeng Inc. achieved record EV deliveries in September 2024, with a 39% YoY and 52% MoM increase. The MONA M03 model exceeded 10,000 units in its first month. XPeng is expanding in Europe and will showcase new models and AI tech at the Paris Motor Show.
The significant increase in vehicle deliveries, especially the success of the MONA M03 model, indicates strong demand and operational efficiency. The expansion into European markets and upcoming showcases at the Paris Motor Show suggest potential for further growth and increased brand visibility. These factors are likely to positively impact XPeng's stock price in the short term.
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