$XPEV Almost Delivers 35,000 Vehicles in Q1

https://www.electrive.com/2022/05/24/xpeng-delivered-almost-…

In the first three months of the year, Xpeng significantly increased its vehicle deliveries compared to the same quarter last year. In total, the Chinese electric car manufacturer delivered 34,561 vehicles in this period.

The vehicles delivered in the first quarter represent an increase of 159 per cent compared to the same quarter last year. Specifically, the manufacturer delivered 19,427 units of the P7 sports sedan to customers in the first quarter of the current year – an increase of 144 per cent compared to 7,974 vehicles in the same period in 2021. In March, more than 9,000 P7 vehicles were delivered for the first time.

Following the launch of the P5 family sedan in October 2021, the manufacturer delivered nearly 10,500 units of this vehicle model in the first quarter of 2022. The company has also expanded its distribution network, which reportedly comprised a total of 366 shops in 138 cities as of 31 March 2022. The network of charging stations operated by Xpeng itself had expanded to 933 stations, including 757 fast-charging stations and 176 destination-charging stations as of 31 March 2022.

Charts:

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