Skip to content

XPeng Delivers 36,695 Vehicles in December, Q4 Exceeds Guidance

XPeng_P7+
Image Credit: XPeng

Written by Cláudio Afonso | LinkedIn | X

Electric carmaker XPeng reported an 82% year-on-year increase in December deliveries, reaching 36,695 vehicles. After a slower-than-anticipated start to 2024, the company closed the year with weekly sales averaging more than 10,000 units.

Fourth-quarter deliveries totaled 91,507 vehicles, surpassing the upper end of XPeng’s quarterly guidance and representing a 52% rise year over year.

Despite not providing a model-specific sales breakdown, the company said it delivered more than 15,000 units of its entry-level Mona M03 sedan for the fourth consecutive month, while the newly launched P7+ sedan surpassed 10,000 deliveries in December.

Subscribe to our Daily Newsletter

For 2024, the Guangzhou-based brand delivered 190,068 vehicles, a 34% increase from the prior year. Last week, XPeng achieved its first-ever weekly sales milestone of over 10,000 units, according to China’s insurance registration data.

XPeng aims to expand to 60 markets globally by the end of this year while launching new models and revamping some of its current ones.

XPeng reported last week that it had produced 50,000 units of its Mona M03 sedan within four months of the model’s mass production launch.

Last week, the company reached 10,000 deliveries in Europe, becoming the first Chinese EV startup to reach the milestone.

Written by Cláudio Afonso | LinkedIn | X

Subscribe to our Daily Newsletter

Next on Xpeng

XPeng L05 SUVXPeng Opens Mona L05 Pre-Sales, Its Fourth New SUV in Five MonthsXPeng opened pre-sales for the Mona L05 mid-size SUV in China on Thursday at prices from 169,800 yuan ($25,400), its fourth new SUV since May as the company tries…3h ago
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.