Xpeng Clocks 43% Vehicle Delivery Growth In July

XPeng Inc (NYSE: XPEV) said its vehicle delivery for July increased 43% year-on-year to 11,524 vehicles.

The deliveries included 6,397 P7 smart sports sedans, 3,608 P5 smart family sedans, and 1,519 G3i smart compact SUVs.

The company delivered a total of 80,507 smart electric vehicles year-to-date, representing a 108% rise Y/Y.

XPeng plans to begin receiving reservations in August for its new, G9 SUV followed by an official launch in September 2022.

Price Action: XPEV shares are trading higher by 3.85% at $25.37 premarket on the last check Monday.

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