XPENG Announces Vehicle Delivery Results for August 2023

XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for August 2023.

In August 2023, XPENG recorded monthly deliveries of 13,690 Smart EVs, a 24% increase over the prior month and a 43% increase year-over-year. Since the start of this year, XPENG’s monthly delivery volume has continuously increased, maintaining solid growth momentum.

In August, XPENG G6 deliveries reached 7,068 units, which brought cumulative G6 deliveries to more than 11,000 units. The G6 has realized a significant ramp-up in production output, owing to the Company’s considerable preparation and high efficiencies across its supply chain, as well as its manufacturing and delivery capabilities. Notably, G6 deliveries surpassed the 10,000 mark in only 45 days following its delivery start date.

From Aug. 14 – 17, XPENG conducted successful media test drives in Beijing using its non-HD map-reliant XNGP ADAS prototype. The test drives showcased the capabilities of XNGP on the G6 Max version, featuring traffic light recognition, lane changes, and overtaking on unmapped roads. Media praised the smooth and stable XNGP-assisted driving experience, noting it exceeded expectations. XPENG plans to speed up the development of XNGP’s non-HD map reliance and unlock more advanced intelligent driving features for more cities and roads in the second half of 2023, further driving customer acceptance and adoption of high-level intelligent driving.

In addition, from Sept. 4-10, XPENG will make its debut at Munich’s International Automobil-Ausstellung (IAA). At the event, the Company will showcase the XPENG G9 and New P7 models and provide test drives for partners and visitor

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