XPeng posted deliveries of 12,922 Smart EVs in Jan. 2022, a 115% increase YoY, topping the monthly 10,000 units delivery target, according to a news release by XPeng on Tuesday.

  • Deliveries in January 2022 comprised of 6,707 P7 smart sports sedans, accounting for an 81% increase YoY.
  • In January, 4,029 P5 smart family sedans were delivered, bringing the total deliveries to over 11,000 since September last year. Other deliveries in the month are 2,186 G3 and G3i smart, compact SUVs.
  • XPeng is upgrading technology at its Zhaoqing plant, capitalizing on the scheduled production downtime over the Chinese New Year Holiday beginning the end of January to early February.

The upgrade will help them to improve the delivery of the significant order backlog carried from last year and serve the growing demand in the New Year. XPeng continued to expand its infrastructure in China. XPEV is up 1.54% on premarket.