On September 1, 2021, Xiaopeng Motors announced its August delivery results. The total delivery volume of Xiaopeng Motors in August was 7,214 units, a year-on-year increase of 172%, and exceeded 7,000 units for two consecutive months. Xiaopeng P7 (configuration|inquiry) continued its strong trend, and the delivery volume reached a record high for four consecutive months, reaching 6,165 units, a year-on-year increase of 209%.
According to the official information of Xiaopeng Motors, due to the production switch from G3 to G3i (configuration|inquiry) in August, only about 1,000 units of the old G3 were delivered, so the total monthly delivery volume dropped slightly from the previous month. The facelifted model G3i is about to enter the mass delivery stage in September, and the delivery next month is expected to usher in a new high. Xiaopeng Motors Chairman and CEO He Xiaopeng said: “The G3i market response has clearly exceeded our initial expectations. After several weeks of debugging and production switching, we expect to continue to increase the scale in the next quarter.” Another new model, Xiaopeng P5, will be officially launched on September 15 and announced the specific price, and will be officially delivered from October.
In the second quarter earnings conference call of Xiaopeng Motors, He Xiaopeng pointed out that “the turning point of smart electric vehicles has come. By the fourth quarter of this year, the peak monthly delivery of Xiaopeng Motors is expected to exceed 15,000 units.” This prediction is not only emboldened. The hot sales of the three models also stem from Xiaopeng’s simultaneous stepped-up of production capacity and sales and service network reserves.
Xiaopeng’s second-quarter earnings conference call revealed that Xiaopeng’s Zhaoqing plant has begun to arrange two production shifts per day in August; the second phase of the Zhaoqing plant’s expansion project has also started, and it is expected that in the first half of next year, the design capacity will increase to more than 200,000 per year. The construction of the Guangzhou plant is progressing smoothly, and mass production is expected to officially start in the third quarter of next year.
Entering September, car sales will usher in the traditional peak season of “Golden Nine, Silver and Ten”. Xiaopeng Motors has also stepped up its market share expansion, increasing the original plan to achieve 300 sales stores by the end of the year to 350. Xiaopeng brand Over 500 overcharging stations will also be built and operated. He Xiaopeng said: When a city has a sales service network and overcharged facilities, the sales scale will increase rapidly in the next few months. Therefore, Xiaopeng Motors will continue to increase the coverage of its sales outlets in the second half of the year and accelerate to meet the ever-expanding market opportunities.
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