Guangzhou-based automaker XPeng said on Sunday that it delivered 15,256 vehicles in February, marking its lowest result since August 2024 as the industry was impacted by the longer than usual Chinese New Year Holiday period.
Last month’s figures showed a 23.8%decrease from the 20,011 vehicles registered globally in January.
Reduced incentives in China, the world’s largest automotive market, led to steeper delivery declines for several automakers in the first month of the year.
February is expected to be the slowest month of the year as production and sales were disrupted by the longer than usual Chinese New Year Holiday.
China’s Passenger Car Association (CPCA) had warned that February would see “the year’s absolute trough,” as the nine-day holiday left only 16 working days last month.
Additionally, companies are planning most launches for the post-holiday period, which contributes to “short-term volatility in both orders and deliveries.”
2026 Outlook
XPeng aims to deliver between 550,000 and 600,000 vehicles globally this year.
Considering the first two months of the year, the carmaker has achieved 6.4% of the low end of its target.
The guidance represents a 28.1% to 39.7% growth considering the 429,445 vehicles delivered in 2025.
Full-year 2025 deliveries were 13% above the guidance issued last year — of 380,000 vehicles — which XPeng reached in November, one month ahead of schedule.
Upon announcing global delivery figures for 2025, the automaker said 45,008 vehicles were delivered outside of China — which represents about 10% of all units delivered last year.
The brand aims to double those figures in 2026. Last year, XPeng also doubled its market presence outside of China to 60 markets.
The trade deal recently signed between Canada and China will allow 49,000 Chinese EVs to enter the country each year at a reduced tariff of 6.1%.
Contacted by EV, XPeng declined to comment on possible plans to enter the North American continent.
Lineup
In January, the company debuted the new P7+ across 36 markets simultaneously, a sedan available in both EREV and BEV versions.
XPeng began producing extended-range vehicles late last year, with the Super-Extended Range X9 MPV.
At the beginning of the year, XPeng launched the third-generation of its G6 and G9 SUVs in China.
While the introduction of the new iterations in Europe has not yet been confirmed, the company announced on Thursday that the 2026 G6 will be launched in the UK — a year after the company’s debut in the market.
Additionally, XPeng is releasing the Gen 3 of the fully electric X9 MPV on March 2.
XPeng is also expected to launch seven models in 2026, including range-extended variants of already existing fully electric vehicles.
It will include two SUVs in its Mona series, the most affordable in the lineup.
Last month, the automaker unveiled its first flagship three-row SUV, the GX.
The new model — which is scheduled to be launched “in the months ahead”— has been undergoing road testing in China for the past several months.
XPeng will enter the competitive market of six-seat SUVs in China with its latest model.
The GX will rival models such as the new-generation Nio ES8 and the upcoming, larger ES9, the Onvo L90, the Li Auto i8, the Tesla Model Y L, and the Zeekr 9X.
VW x XPeng
At XPeng‘s ‘AI Day’ event late last year, the Chinese automaker’s founder and CEO He Xiaopeng announced that the company was planning to open-source its autonomous driving stack to commercial partners — with Volkswagen being the first client.
“Volkswagen will be our launch customer, and XPeng‘s Turing AI chips have been selected by VW,” Xiaopeng announced then.
Last week, the company confirmed that the German automaker will be the first customer of the XPeng VLA 2.0.
“Exciting news: Volkswagen will be the debut customer for XPeng VLA 2.0 model,” the, founder and CEO He Xiaopeng wrote on LinkedIn.
Further details will be announced on March 2.
