XPeng Reveals Strong EV Delivery Growth and New AI Ambitions

XPeng, Inc. Class A (HK:9868) has released an update.

XPeng Inc. reported a solid increase in Smart EV deliveries for August 2024, with a 3% rise year-over-year and a significant 26% jump from the previous month, totaling 14,036 vehicles. The company celebrated its 10th anniversary with the launch of the MONA M03, an intelligent all-electric hatchback coupe featuring advanced ADAS at a competitive price, and expressed ambitions to evolve into a global AI-driven automotive company over the next decade. XPeng also enhanced its technological offerings with the rollout of a new OTA software update and the introduction of a pioneering visual-based ADAS solution.

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