XPENG-W delivered a total of 14,036 new cars in August, an increase of 26% compared to the previous month
XPENG-W released its August delivery performance on September 1, delivering a total of 14,036 new cars, a 26% increase compared to the previous month. As of August, XPENG has delivered a total of 77,209 vehicles, a 17% year-on-year increase. On August 27, XPENG's MONA M03 was listed in Beijing and successfully completed its first batch of deliveries. Over the next 10 years, XPENG will strive to become a global AI car company, releasing a new generation of AI technology and chips. In August, revenue reached 8.11 billion yuan, a 60.2% year-on-year increase, with a gross profit margin increasing to 14%
According to Zhitong Finance APP, on September 1st, XPENG-W (09868) announced its latest delivery performance. In August 2024, XPeng delivered a total of 14,036 new cars, a year-on-year increase of 3% and a month-on-month increase of 26%. From January to August 2024, XPeng has delivered a total of 77,209 new cars, a year-on-year increase of 17%.
On August 27th, the "XPeng 10th Anniversary Night and XPeng MONA M03 Launch Event" was successfully held in Beijing. The intelligent pure electric coupe XPeng MONA M03 was officially launched, with 3 models priced between 119,800 yuan and 155,800 yuan, achieving over 30,000 units in sales within 48 hours of its launch. On August 30th, the first batch of new cars of XPeng MONA M03 was delivered at the Chengdu Auto Show. As the inaugural model of the new decade, XPeng MONA M03 aims to be "super stylish, super intelligent, and super fun to drive", equipped with 4 unique original configurations and 30 configurations surpassing the 200,000-level, creating a "new 3 series for the smart era" for young users.
At this event, XPeng's Chairman and CEO He Xiaopeng announced that in the next 10 years, XPeng will become a global AI car company, unveiling for the first time the XPeng AI system, and announcing the global debut of the world's first chip "XPeng Turing" that can be simultaneously applied to robots, AI cars, and flying cars, as well as the all-new "AI Eagle Eye Vision Solution". In August, XNGP urban smart driving monthly active user penetration rate reached 85%.
In August, the AI Tianji XOS 5.2.0 version completed a full OTA for overseas users, bringing unprecedented "Chinese speed" OTA experience to overseas users.
On August 20th, XPeng released its financial report for the second quarter of 2024: a total of 30,207 smart electric vehicles delivered; revenue reached 8.11 billion yuan, a year-on-year increase of 60.2%; gross profit margin increased to 14%, a year-on-year increase of 17.9 percentage points, achieving a significant leap in gross profit margin through the realization of cost reduction through technology and the realization of gross profit through strategic cooperation with the masses. As of the end of the second quarter, XPeng's cash reserves were 37.33 billion yuan