Xpeng enjoys 483% year-over-year jump in May 2021 deliveries; thanks to robust sale of P7
Chinese electric vehicle manufacturer Xpeng scored an impressive year-over-year growth in deliveries of electric cars in May this year, thanks mainly to robust sales of the flagship P7 mid-sized battery-powered sedan. Headquartered in China’s Guangzhou Province, Xpeng revealed that it delivered a total of 5,686 electric cars to customers during May 2021. The figure represents a jump of 484 per cent from the corresponding month of 2020. It was also the company’s third-best monthly performance ever.
The Chinese EV giant was quick to note that the biggest credit of the strong deliveries went to its P7 flagship mid-size sedan, which alone accounted for deliveries of 3,797 units. Sharing the results, the company attributed the robust sales to its EVs’ market-leading smart features, such as XPILOT 3.0 and Navigation Guided Pilot (NGP) highway solutions that garnered strong customer appeal.
Xpeng, which is also known as Xiaopeng Motors, said, “The number of P7s delivered in May reached a record high of 3,797, demonstrating the strong customer appeal of XPeng’s market-leading smart features. Launched in January this year, XPILOT 3.0 and its Navigation Guided Pilot (NGP) highway solutions have achieved a strong set of customer utilization rates.”
The automobile manufacturer further added that its innovative solutions like XPILOT 3.0 and NGP enabled it to generate incremental revenues.
The RWD Standard Range version of the Xpeng P7 sells in China with a starting price tag of 229,900 RMB (US$36,028) after subsidies. It comes equipped with a 60.2-kWh battery pack that offers a range of 480 km (roughly 298 miles) on a single charge.
The Long Range version boasts a 70.8-kWh battery that offers a range of 586 km (roughly 364 miles). Obviously, it costs more, with starting price tag of 229,900 RMB (US$36,028) after subsidies. The RWD Super Long Range with 80.9-kWh battery pack can cover a distance of up to 706 km (roughly 39 miles) per full charge.
Apart from the P7, the company’s lithium iron phosphate (LFP) battery-powered G3 EV also gave a robust performance in terms of deliveries last month. While the Xpeng P7 delivered 3,797 units during last month; the Xpeng G3 delivered 1,889 units, up 94 per cent from the corresponding month of 2020.
When it comes to year-to-date (YTD) deliveries, Xpeng sold a total of 24,173 electric cars, enjoying a growth of around 427 per cent as compared with the correspond five month period of 2020. In terms of YTD sales, the Xpeng P7 delivered 14,766 units, while the G3 delivered 9,407 units.
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