XPENG Reports Remarkable 570% Year-over-Year Growth in February Deliveries
XPENG reported 30,453 Smart EV deliveries in February, reflecting a 570% year-over-year increase.
Quiver AI Overview
XPENG Inc. announced impressive vehicle delivery results for February 2025. The company delivered a total of 30,453 Smart EVs, marking a remarkable 570% increase compared to the same month last year. The XPENG MONA M03 maintained strong performance, delivering over 15,000 units for three consecutive months, while the XPENG P7+ achieved over 30,000 cumulative deliveries within three months of its launch. In total, XPENG’s deliveries for the first two months of 2025 reached 60,803 units, reflecting a substantial 375% increase from the previous year. The company’s smart driving technology also saw increased engagement during the Spring Festival travel season, with plans to develop the Turing AI Smart Driving system for international markets. Additionally, the company launched the 2025 Edition of the XPENG G6 in China, featuring innovative designs and enhanced technology.
Positive Developments
- XPENG delivered 30,453 Smart EVs in February, achieving a significant 570% year-over-year increase.
- The XPENG MONA M03 exceeded 15,000 units in deliveries for the third consecutive month.
- The XPENG P7+ saw over 30,000 cumulative deliveries just three months post-launch, indicating robust market acceptance.
- User penetration rates for XPENG’s smart driving technology during the Spring Festival travel period reached an impressive 93.3%.
Concerns to Consider
- While the delivery figures indicate growth, the lack of context regarding market expectations or internal forecasts raises questions about the sustainability of this growth.
- The presence of forward-looking statements suggests potential risks and uncertainties that could impact XPENG’s future performance, concerning investors.
- Despite the strong delivery numbers, information regarding profitability or overall financial health is absent, which can lead to doubts about the company’s financial viability.
Frequently Asked Questions
What were XPENG’s delivery numbers for February 2025?
XPENG delivered 30,453 Smart EVs in February 2025, reflecting a 570% year-over-year increase.
How many XPENG MONA M03 units were delivered?
The XPENG MONA M03 surpassed 15,000 units delivered for the third consecutive month in February 2025.
What is the cumulative delivery figure for the XPENG P7+?
The cumulative deliveries for the XPENG P7+ exceeded 30,000 units within just three months of its launch.
What is XPENG’s focus for international markets in 2025?
XPENG will develop and test its Turing AI Smart Driving system for international markets in 2025.
What significant increase in smart driving did XPENG report during the Spring Festival?
XPENG reported a 98.2% increase in smart driving mileage and a 103.5% increase in smart driving time during the Spring Festival travel season.
Disclaimer: This summary is generated by AI based on a press release distributed by GlobeNewswire. For more details, see the full release here.
Hedge Fund Activity for $XPEV
In the most recent quarter, 99 institutional investors added shares of $XPEV, while 111 decreased their positions.
Here are some of the notable recent transactions:
- UBS GROUP AG increased its holdings by 7,814,961 shares (+498.2%) in Q4 2024, valued at an estimated $92,372,839.
- ALIBABA GROUP HOLDING LTD added 6,650,000 shares (+21.2%) in Q4 2024, amounting to an estimated $78,603,000.
- MORGAN STANLEY increased by 5,566,496 shares (+122.5%) for an estimated $65,795,982.
- JPMORGAN CHASE & CO significantly increased its stake by 4,227,055 shares (+1138.1%), valued at approximately $49,963,790.
- GOLDMAN SACHS GROUP INC reduced its holdings by 4,005,360 shares (-73.3%) for an estimated $47,343,355.
- BANK OF MONTREAL /CAN/ cut its position by 3,065,751 shares (-97.9%), worth about $36,237,176.
- POINT72 ASSET MANAGEMENT, L.P. eliminated its entire position of 2,461,216 shares (-100.0%), estimated at $29,091,573.
For tracking hedge funds’ stock portfolios, refer to Quiver Quantitative’s institutional holdings dashboard.
Full Release Summary
- Delivers 30,453 units in February, marking a 570% YoY increase.
- XPENG MONA M03 delivers consistently, surpassing 15,000 units for three months.
- XPENG P7+ achieves over 30,000 cumulative deliveries within just three months of launch.
GUANGZHOU, China, March 01, 2025 (GLOBE NEWSWIRE) – XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, has announced its vehicle delivery results for February 2025.
XPENG delivered 30,453 Smart EVs in February, reflecting a 570% increase year-over-year.
Deliveries of the XPENG MONA M03 surpassed 15,000 units for the third consecutive month, while cumulative deliveries of the XPENG P7+ exceeded 30,000 within the first three months of its launch. XPENG also revealed data indicating that smart driving technology is a primary factor for consumers purchasing the P7+. In total, for the first two months of 2025, XPENG delivered 60,803 Smart EVs, a substantial 375% increase compared to the previous year.
In February, XNGP’s active user penetration rate for smart driving in urban areas reached 86%. During the Spring Festival travel season, XPENG observed a 98.2% increase in total smart driving mileage and a 103.5% increase in total smart driving time compared to last year. The user penetration rate for smart driving rose to 93.3%, and the maximum mileage recorded by a single vehicle reached 12,300 kilometers. In 2025, XPENG plans to further develop and test its Turing AI Smart Driving system for international markets.
Additionally, the 2025 Edition of the XPENG G6 was launched for the Chinese market, highlighting innovative designs and advanced technological features.
About XPENG
XPENG is a prominent Chinese Smart EV manufacturer focused on designing, developing, producing, and marketing Smart EVs targeted at technology-savvy middle-class consumers. The company’s mission is to drive the transformation to Smart EVs through technology, enhancing mobility experiences for the future. XPENG develops its advanced driver-assistance systems in-house, alongside core vehicle technologies including powertrains and electronic architectures. Headquartered in Guangzhou, China, XPENG operates additional offices in Beijing, Shanghai, Silicon Valley, San Diego, and Amsterdam.
XPeng Inc. Issues Forward-Looking Statements Amid Expansion Plans
XPeng Inc. primarily manufactures its vehicles at plants located in Zhaoqing and Guangzhou, in Guangdong province. For further information, please visit XPeng’s website.
Safe Harbor Statement
This announcement contains forward-looking statements made under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Such statements can be identified by terms like “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” and “estimates.” Statements that do not pertain to historical facts, including XPeng’s beliefs and expectations, are classified as forward-looking. These statements bear inherent risks and uncertainties. Various factors could result in actual outcomes differing significantly from those projected, including but not limited to:
- XPeng’s goals and strategies
- Plans for expansion
- Future business development, financial health, and operational results
- The trends and size of China’s electric vehicle market
- Demand for and acceptance of XPeng’s products and services
- Relationships with customers, manufacturers, suppliers, and other stakeholders
- General economic and business conditions
- Underlying assumptions relating to any of the aforementioned factors
Additional details regarding these risks and more can be found in XPeng’s filings with the SEC. All information provided in this announcement is current as of the date of release, and XPeng does not commit to updating 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.
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