XPeng Reports 35,045 Smart EV Deliveries in April 2025
XPeng delivered 35,045 Smart EVs in April 2025, a 273% increase year-over-year, maintaining over 30,000 monthly deliveries.
Overview of Recent Achievements
XPeng Inc., a prominent Chinese smart electric vehicle manufacturer, announced a major uptick in vehicle deliveries in April 2025. With 35,045 units delivered, this achievement represents a remarkable 273% year-over-year growth. Notably, this marks the sixth straight month of exceeding 30,000 monthly deliveries. In total, the company delivered 129,053 Smart EVs in the first four months of the year, reflecting a 313% increase compared to the same period last year. Key milestones include surpassing 100,000 cumulative deliveries of the XPENG MONA M03 and achieving a production milestone of 50,000 for the XPENG P7+ within just five months of its launch. Furthermore, XPeng introduced its ADAS Insurance Service, which enhances vehicle coverage and underscores its commitment to technological innovation in the Smart EV sector.
Key Positives
- XPeng’s delivery figures show a significant 273% increase year-over-year.
- The company has consistently surpassed 30,000 vehicle deliveries for six consecutive months, indicating strong demand.
- Cumulative deliveries of the XPENG MONA M03 have exceeded 100,000 units, signaling its market success.
- The XPENG P7+ reached a production milestone of 50,000 vehicles in just five months, demonstrating rapid growth and acceptance.
Potential Challenges
- The announcement did not detail profitability or revenue growth, raising questions about the sustainability of this delivery surge.
- The introduction of the ADAS Insurance Service could suggest rising operational costs or legal risks linked to autonomous features.
- Forward-looking statements in the report may indicate uncertainties regarding future performance and strategic plans, which might worry investors.
FAQs
What were XPeng’s vehicle delivery figures in April 2025?
XPeng delivered 35,045 Smart EVs in April 2025, a 273% increase year-over-year.
How many months has XPeng surpassed 30,000 vehicle deliveries?
XPeng has surpassed 30,000 vehicle deliveries for six consecutive months.
What is the cumulative delivery milestone for the XPENG MONA M03?
Cumulative deliveries of the XPENG MONA M03 have surpassed 100,000 units.
What new service did XPeng launch in April 2025?
XPeng launched its ADAS Insurance Service on April 28, 2025, in China.
What is XPeng’s mission in the EV market?
XPeng aims to drive the Smart EV transformation with technology, enhancing future mobility experiences.
Hedge Fund Activity
In the latest quarter, 96 institutional investors have added shares of $XPEV, while 98 decreased their positions. Below are some significant recent moves:
- TMT General Partner Ltd increased holdings by 15,340,907 shares (+88.2%), estimated at $317,863,593.
- UBS Group AG added 7,814,961 shares (+498.2%), valued at $92,372,839.
- Alibaba Group Holding Ltd increased its position by 6,650,000 shares (+21.2%), totaling $78,603,000.
- Morgan Stanley added 5,566,496 shares (+122.5%), worth $65,795,982.
- JPMorgan Chase & Co increased its holdings by 4,227,055 shares (+1138.1%), estimated at $49,963,790.
- Goldman Sachs Group Inc reduced its position by 4,005,360 shares (-73.3%), valued at $47,343,355.
- Bank of Montreal removed 3,065,751 shares (-97.9%), for an estimated $36,237,176.
Analyst Ratings
Wall Street analysts have been active on $XPEV in recent months. Notably, two firms issued buy ratings, while none have given sell ratings:
- Citigroup issued a “Buy” rating on March 10, 2025.
- Bank of America Securities provided a “Buy” rating on November 19, 2024.
Price Targets
Recent price targets for $XPEV have been issued by two analysts over the last six months, with a median target of $16.5:
- Ji Shi from CMB International Securities set a target of $16.0 on November 20, 2024.
- Tim Hsiao from Morgan Stanley set a target price of $17.0 on November 6, 2024.
About XPeng
XPeng is a leading Chinese Smart EV manufacturer, dedicated to designing, developing, and marketing Smart EVs for a tech-savvy middle-class consumer base. The company’s mission focuses on driving the Smart EV transformation through technology, aiming to enhance future mobility experiences.
# XPENG Expands EV Manufacturing Footprint in China and Beyond
XPENG is headquartered in Guangzhou, China, with additional offices located in major cities including Beijing, Shanghai, Shenzhen, Silicon Valley, and San Diego. The company manufactures its Smart Electric Vehicles (EVs) primarily at its plants in Zhaoqing and Guangzhou, Guangdong province. For further details, please visit XPENG’s official website.
Safe Harbor Statement
This announcement contains forward-looking statements made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements often include terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” and similar phrases. They reflect XPENG’s beliefs and expectations but are not historical facts, and inherently involve risks and uncertainties. Various factors may lead to actual results differing significantly from those anticipated, including but not limited to XPENG’s growth strategies, future business development, and financial conditions; the dynamics of China’s EV market; and relationships with stakeholders such as customers, suppliers, and partners. For more details on these risks, refer to XPENG’s filings with the SEC. All information in this announcement is accurate as of the date it was released, and XPENG is under no obligation to update any forward-looking statements, unless required by law.
Contacts:
For Investor Inquiries:
IR Department
XPENG Inc.
Email: [email protected]
Jenny Cai
Piacente Financial Communications
Tel: +1 212 481 2050 / +86 10 6508 0677
Email: [email protected]
For Media Inquiries:
PR Department
XPENG Inc.
Email: [email protected]
Source: XPENG Inc.
The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
