XPeng July deliveries rise 22% M/M; plans P5 launch in Q3 2021

XPeng announces vehicle delivery results for July 2021. For this month, the company recorded its highest-ever monthly deliveries of 8,040 Smart EVs, +228% Y/Y, and a 22% increase over prior month.

Deliveries in July consisted of 6,054 P7s and 1,986 G3s. As of July 31, YTD total deliveries reached 38,778 units, +388% Y/Y. In July 2021, at the first-year anniversary of customer deliveries, total P7 deliveries reached 40,612.

The Company further expanded its product portfolio in July by launching the G3i, the G3 SUV’s mid-phase facelift version, with deliveries expected in September 2021.

Also in July, XPeng announced the presale price range of RMB160,000 – RMB230,000 (post subsidies) for its third production model, the P5 family-friendly smart sedan.

XPeng plans to launch the P5 in Q3 2021 with deliveries expected in Q4 2021.

Source: XPeng