The delivery volume was down 51.7 percent from January, mainly due to an upgrade of XPeng's Zhaoqing plant during the Chinese New Year holiday.
XPeng Motors delivered 6,225 vehicles in February, up 180 percent year-on-year, but down 51.8 percent from 12,922 vehicles in January.
The decline was mainly due to the Chinese New Year holiday from January 31 to February 6, which is usually a slow season for car sales, during which XPeng upgraded its plant in Zhaoqing, Guangdong province.
XPeng's technical renovation of the Zhaoqing site has been completed and the plant resumed production in mid-February, the company said, adding that the higher production efficiency will enable the company to accelerate delivery of its significant order backlog in hand.
(Image credit: XPeng)
The XPeng P7 delivered 3,537 units in February, up 151 percent year-on-year. A total of 2,059 units of the P5 were delivered and 629 units of the G3 series were delivered.
In February, XPeng was added to the Shenzhen-Hong Kong and Shanghai-Hong Kong Stock Connect programs, which allows eligible Chinese mainland investors to trade the company's shares listed in Hong Kong.
The Hang Seng Indexes Company announced late last month that XPeng and Li Auto have been added to the Hang Seng Technology Index, effective Monday, March 7.
Joining the index means that they will have access to passive inflows from ETFs that track the index.
On February 11, XPeng reached a retail partnership agreement with Sweden in the Netherlands and officially opened its first self-operated experience store in Sweden, the company's first in the international market.
XPeng monthly vehicle delivery data