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XPeng Delivers 23,917 EVs in October, Setting a New Record

Image Credit: XPeng

Written by Cláudio Afonso | LinkedIn | X

Electric vehicle maker XPeng announced Friday it has delivered 23,917 units in October. The figures represent a new record for the Guangzhou-headquartered brand and a 20% growth from last year as it continues to ramp up production of its cheapest model, the Mona M03.

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For the second consecutive month, the sedan launched last August, surpassed 10,000 units, accounting for about half the deliveries of XPeng.

The company’s deliveries have risen 21% year-to-date, reaching a total of 122,478 vehicles.

The EV maker, which is working on its first hybrid model, has been expanding to the Middle East and North Africa (MENA) region and is currently operating in the UAE, Israel, Egypt, Jordan, and Lebanon.

XPeng started pre-sales for the P7+ at the 2024 Paris Motor Show in October with the pre-sale price set at 209,800 yuan ($29,530) and the official launch is scheduled for next week, November 7.

Last month, XPeng reported receiving 30,000 pre-sale orders for the model within one hour and 48 minutes of the Paris debut.

The company plans to expand deliveries to overseas markets next year, with a goal of operating in 60 markets by the end of 2025.

Written by Cláudio Afonso | LinkedIn | X

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Cláudio Afonso is the Founder and Editor of EV, an independent electric vehicle news publication owned by CARBA Investments, the company he founded in early 2021. Between 2022 and 2024 he worked in European corporate communications at Nio, and he returned to lead EV in April 2024. He is based in Portugal.