XPeng Motors CEO He Xiaopeng: The company is expected to achieve a significant increase in delivery volume in the third and fourth quarters

Xpeng Chairman He Xiaopeng stated during the Q2 2024 earnings call that since the launch of the Xpeng MONA M03, Xpeng will enter a strong product cycle and a period of rapid development. Over the next three years, multiple new products and facelift models will be intensively launched. Among them, the Xpeng MONA M03 will be officially launched on August 27th, followed by a rapid scale-up in deliveries; the plan is to launch the first model of the new generation of autonomous driving hardware platform, the P7+, in the fourth quarter. "The delivery ramp-up of MONA M03 and P7+ will significantly expand Xpeng's market share. Xpeng is confident that delivery volumes will increase significantly quarter-on-quarter in the third and fourth quarters of this year, reaching a new high in deliveries in the fourth quarter," He Xiaopeng said