Chinese electric car company Xpeng Motors (NYSE: XPEV) saw its December deliveries reached a record high of 5,700 units, up 326 percent year-on-year, the company said Monday.
Xpeng P7 saw deliveries of 3,691 units and Xpeng G3 deliveries reached 2,009 units in December, both setting record highs in 2020.
Xpeng delivered a total of 12,964 units in the fourth quarter, exceeding the company's guidance of 10,000 units by nearly 30 percent. This delivery volume was up 303 percent year-on-year and 51 percent over the previous quarter.
Of these, 8,527 Xpeng P7 units were delivered in the fourth quarter, up 37 percent from the third quarter.
In 2020, Xpeng delivered 27,041 units cumulatively for the year, up 112% from 2019.
At this point, all three leading Chinese electric vehicle makers have released December delivery figures.
Li ONE, Li Auto's only model, delivered 6,126 units in December, setting another new record for single-month deliveries.
This delivery volume is up 31.9 percent from November and 529.6 percent from December 2019.
Li Auto said it also had a record number of new orders in December, but did not disclose specific figures.
Li Auto delivered 14,464 Li ONEs in the fourth quarter of 2020, up 67 percent from the third quarter, and total annual deliveries of 32,624 Li ONEs from January to December 2020.
Nio delivered a total of 7,007 new vehicles in December, the fifth consecutive month with a record number of deliveries in a single month.
December's deliveries were 32.4% higher than November and 121.0% higher than the same month last year. This is also the ninth consecutive month since April that Nio has achieved a year-over-year growth rate of more than 100%.
Nio's full-year 2020 deliveries reached 43,728 units, up 112.6% year-over-year.
