BRIEF: XPeng’s EV deliveries jump more than 50% in November

Electric vehicle maker XPeng Inc. (9968.HK; XPEV.US) announced on Monday that it delivered 30,895 EVs last month, up 54% year-on-year and a 29% increase from October. Last month was the first time the company’s monthly delivery volume exceeded 30,000 vehicles, setting a new high for a third consecutive month.

Among its models, the company’s XPeng MONA M03 exceeded 10,000 units delivered for a third consecutive month in November. Its XPeng P7+ has exceeded 7,000 units delivered since its launch 23 days ago.

The November figure brought XPeng’s total to 153,373 EVs delivered in the first 11 months of the year, up 26% compared with the same period of 2023. In addition, the company officially entered the Nepali and British markets last month.

By Lau Chi Hang

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