XPeng marks record deliveries for October month, up 20% Y/Y
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- Chinese EV maker XPeng (NYSE:XPEV) delivered 23,917 smart EVs in October 2024, setting a new record for its monthly deliveries and representing growth of 20% Y/Y and 12% over the prior month.
- For the first ten months of 2024, XPENG delivered 122,478 smart EVs, a 21% increase from the same period last year.
- For the second straight month, deliveries of XPENG MONA M03 exceeded 10,000 units.
- In October, the company’s monthly active user penetration rate in urban driving reached 86%.
- The company marks its official entry in UAE in October.
- The stock price gained 1.1% on Friday during pre-market hours of trading.