Xpeng delivered 34,422 vehicles in the second quarter, above the upper end of its previous guidance range of 31,000 to 34,000 vehicles.
Xpeng Motor will report unaudited second quarter earnings before the US stock market opens on Tuesday, August 23, the company announced today.
Previously released data showed that Xpeng delivered 34,422 vehicles in the second quarter, above the upper end of its previous guidance range of 31,000 to 34,000 vehicles.
The company's vehicle deliveries in the second quarter were up 97.85 percent from 17,398 units in the same period last year and essentially flat from 34,561 units in the first quarter.
This was mainly due to the Covid outbreak which caused severe disruptions to its production and deliveries in April.
Xpeng delivered 9,002 vehicles in April, down 42 percent from 15,414 vehicles in March and up 75 percent from 5,147 vehicles in the same month last year.
The company has been and is continuing to actively navigate through the Covid situation, which in turn is affecting the overall supply chain, manufacturing and transportation of automobiles in China, it said on May 1.
Shanghai began a phased lockdown on March 28, suspending production at Tesla Giga Shanghai and a large number of parts suppliers.
On April 14, Xpeng chairman and CEO He Xiaopeng said that if companies in the auto supply chain in Shanghai and neighboring cities are not able to find a way to dynamically resume production, then by May all car companies in China may have to halt production.
Xpeng management will host an earnings conference call at 8:00 am US Eastern Time on August 23 (8:00 pm Beijing/Hong Kong time on August 23, 2022).
For participants who wish to join the call by phone, they need to access the link provided below to complete the pre-registration and dial in 5 minutes prior to the scheduled call start time. Upon registration, each participant will receive dial-in details to join the conference call.
Pre-registration link:
https://s1.c-conf.com/diamondpass/10023834-ne2m8a.html
Additionally, a live and archived webcast of the conference call will be available on the company's investor relations website at http://ir.xiaopeng.com.
A replay of the conference call will be accessible approximately an hour after the conclusion of the call until August 30, 2022, by dialing the following telephone numbers:
United States: +1-855-883-1031
International: +61-7-3107-6325
Hong Kong, China: 800-930-639
Chinese Mainland: 400-120-9216
Replay PIN: 10023834
XPeng Q1 revenue beats estimates, but offers downbeat guidance
