- Xpeng's robust monthly deliveries likely remain primarily supported by the Mona M03 sedan, which reached its 200,000th production milestone on October 29.
- From January to October, Xpeng delivered 355,209 vehicles, marking a year-on-year increase of 190.02 percent.
Xpeng (NYSE: XPEV) achieved another record high in deliveries last month as its strong growth momentum continues.
The Chinese electric vehicle (EV) maker delivered 42,013 vehicles in October, marking its fourth consecutive month of record-breaking performance, according to data released today.
This represents a 75.66 percent increase from the 23,917 vehicles delivered in the same month last year and a 1.04 percent rise from September's 41,581 deliveries.
From January to October, Xpeng delivered 355,209 vehicles, a 190.02 percent year-on-year increase.
Earlier this year, Xpeng management expressed confidence in doubling deliveries in 2025 compared to last year. This implies the company aimed to deliver about 380,000 vehicles this year.
As of the end of October, Xpeng's cumulative deliveries since inception reached 945,588 units, according to data compiled by CnEVPost.
Xpeng is expected to reach the milestone of 1 million cumulative deliveries within the next 1-2 months.
While the company did not disclose model-specific breakdowns, the robust monthly deliveries likely remain primarily driven by the affordable electric sedan, the Mona M03.
The Mona M03 delivered 14,546 units in September, marking its 13th consecutive month exceeding 10,000 units, according to data compiled by CnEVPost.
From January to September, the Mona M03 delivered 131,989 units, accounting for 42.14 percent of Xpeng's total deliveries during the same period.
On October 29, Xpeng celebrated the production of its 200,000th Mona M03 electric sedan.
The company will host its 2025 AI Day in Guangzhou, its headquarters city, on November 5, where the extended-range X9 MPV (multi-purpose vehicle) is expected to make its official debut.
