Xpeng G6

The G6 contributed 51.63 percent of Xpeng's deliveries in August, while the P7 contributed 30.98 percent.

A total of 29 percent of Xpeng G6 owners compared the Tesla Model Y and 9 percent compared the Nio ES6 when purchasing the car.

Before the G6's significant capacity ramp-up, the P7 continues to be Xpeng's most delivered model, contributing 44.58 percent of deliveries in July.

The mid-size crossover market is a high-volume market, competitive and cut-throat. The Xpeng G6 stands a good chance of carving out.

Goldman Sachs believes the market has yet to fully reflect the potential of the G6, with the model ranking No.1 among comparable models, and which is the most competitive product released by Xpeng to date.

The G6 has received many orders, which would help Xpeng see monthly deliveries reach 15,000 units in the third quarter and 20,000 units in the fourth quarter, an executive previously said.

Never before has any Xpeng model been so popular, said a store employee, according to a local media report.

As of July 5, Xpeng's US-traded ADR was up about 75 percent cumulatively since June 9, when the G6 began pre-sales.

Xpeng's Hong Kong-traded shares rose more than 14 percent to HK$51.80 at press time, giving it a 30 percent gain for the week.

The G6 is expected to be the top-selling smart electric SUV in China in the RMB 250,000 price level within two months, said Xpeng's CEO.