XPENG Announces Vehicle Delivery Results for April 2026

XPENG (NYSE: XPEV) announced April 2026 vehicle deliveries and other operational milestones on May 1, 2026.

Rhea-AI Summary

XPENG (NYSE: XPEV) announced April 2026 vehicle deliveries and other operational milestones on May 1, 2026. XPENG delivered 31,011 vehicles in April, a 13% month-over-month increase. Test-drive decision time fell 44.7% MoM after the VLA 2.0 rollout. XPENG unveiled the GX flagship SUV on April 15, 2026, and on April 7 the first locally produced P7+ rolled off Magna's Graz, Austria plant, marking the third model manufactured there.

Positive

• Deliveries of 31,011 vehicles in April (+13% MoM)
• Test-drive purchase decision time -44.7% MoM
• VLA 2.0 rollout supporting higher test-drive satisfaction
• Unveiled XPENG GX, first full-sized flagship SUV (Apr 15, 2026)
• First locally produced P7+ rolled off Magna plant in Austria (Apr 7, 2026)

Negative

• None.

Argus May 1 session

-2.88% close to close Open Argus

Details

News Market Reaction – XPEV

In the May 1 session, XPEV declined 2.88%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights XPENG’s April 2026 deliveries of 31,011 vehicles, a 13% month-on-month ...

Analysis

This announcement highlights XPENG’s April 2026 deliveries of 31,011 vehicles, a 13% month-on-month increase, alongside a 44.7% reduction in purchase decision time after test drives. It follows prior updates on AI capabilities and expanding global reach. Investors may watch how sustained delivery growth, European production with Magna, and adoption of VLA 2.0 translate into longer-term scale, margins, and competitive positioning.

Key Figures

April 2026 deliveries: 31,011 vehicles MoM delivery growth: 13% Purchase decision time: 44.7% decrease +5 more

April 2026 deliveries

31,011 vehicles

XPENG vehicle deliveries in April 2026

MoM delivery growth

13%

Increase in April 2026 deliveries vs prior month

Purchase decision time

44.7% decrease

Month-over-month reduction after VLA 2.0 rollout

March 2026 deliveries

27,415 vehicles

XPENG March 2026 monthly deliveries

Feb–Mar growth

80% increase

March 2026 deliveries vs February 2026

Q1 2026 deliveries

62,682 vehicles

XPENG total deliveries in Q1 2026

Overseas deliveries 2025

45,000 vehicles

Vehicles delivered abroad during 2025

Overseas YoY growth

96% YoY

Growth in 2025 overseas deliveries vs 2024

Historical Context

5 past events · Latest: Apr 24

5 events

1. Apr 24

   AI ecosystem showcase

   24h Move

   +4.8%

   Full-stack Physical AI ecosystem and VLA 2.0 metrics unveiled at Auto China.

2. Apr 17

   AI strategy preview

   24h Move

   -0.8%

   Beijing Auto Show preview of Physical AI ecosystem and global smart mobility vision.

3. Apr 16

   Annual report filing

   24h Move

   +3.3%

   Filing of 2025 Form 20-F annual report with detailed financial disclosures.

4. Apr 16

   ESG report release

   24h Move

   +3.3%

   Publication of 2025 ESG report highlighting MSCI ESG AAA rating and goals.

5. Apr 01

   Delivery & expansion

   24h Move

   +2.3%

   March and Q1 2026 deliveries plus Latin America expansion strategy to 2028.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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GUANGZHOU, China, May 1, 2026 /PRNewswire/ -- XPeng Inc. ("XPENG" or the "Company," NYSE: XPEV and HKEX: 9868), a leading global AI mobility technology company, today announced its vehicle delivery results for April 2026.

In April, XPENG delivered a total of 31,011 vehicles, representing a 13% increase from the prior month.

Furthermore, following the official rollout of VLA 2.0 in March, test-drive satisfaction rates at XPENG retail stores recorded a significant increase by the end of April. The average time customers take to make a purchase decision after a test drive also decreased by 44.7% month-over-month, reinforcing intelligent driving as a key driver of sales growth.

On April 15, 2026, the Company unveiled the XPENG GX, marking the debut of its first full-sized flagship SUV built around its most advanced cross-domain technologies.

On April 7, 2026, XPENG and its European production partner Magna marked the roll-off of the first locally produced P7+ from the production line at Magna's plant in Graz, Austria. This is the third model to be locally manufactured in Austria, following the G6 and G9, deepening XPENG's manufacturing footprint in Europe through its partnerships.

About XPENG

XPENG is a leading Chinese Smart EV and NEV company that designs, develops, manufactures, and markets Smart EVs and NEVs that appeal to the large and growing base of technology-savvy middle-class consumers. Its mission is to become a smart technology company trusted and loved by users worldwide. In order to optimize its customers' mobility experience, XPENG develops in-house its full-stack advanced driver-assistance system technology and in-car intelligent operating system, as well as core vehicle systems including powertrain and the electrical/electronic architecture. XPENG is headquartered in Guangzhou, China, with main offices in Beijing, Shanghai, Shenzhen, Silicon Valley and San Diego. The Company's Smart EVs and NEVs are mainly manufactured at its plants in Zhaoqing and Guangzhou, Guangdong province. For more information, please visit https://www.xpeng.com/.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Statements that are not historical facts, including statements about XPENG's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: XPENG's goal and strategies; XPENG's expansion plans; XPENG's future business development, financial condition and results of operations; the trends in, and size of, China's EV market; XPENG's expectations regarding demand for, and market acceptance of, its products and services; XPENG's expectations regarding its relationships with customers, suppliers, third-party service providers, strategic partners and other stakeholders; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in XPENG's filings with the United States Securities and Exchange Commission. All information provided in this announcement is as of the date of this announcement, and XPENG does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Contacts:

For Investor Enquiries:

IR Department
XPeng Inc.
Email: ir@xiaopeng.com

Jenny Cai
Piacente Financial Communications
Tel: +1 212 481 2050 / +86 10 6508 0677
Email: xpeng@tpg-ir.com

For Media Enquiries:

PR Department
XPeng Inc.
Email: pr@xiaopeng.com

View original content:https://www.prnewswire.com/news-releases/xpeng-announces-vehicle-delivery-results-for-april-2026-302759981.html

SOURCE XPeng Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many vehicles did XPENG (XPEV) deliver in April 2026?

XPENG delivered 31,011 vehicles in April 2026. According to the company, this figure represents a 13% increase month-over-month compared with March 2026, and reflects higher demand following its recent product and software rollouts.

What impact did VLA 2.0 have on XPENG (XPEV) test drives in April 2026?

Test-drive outcomes improved after VLA 2.0, with purchase decision times falling 44.7% MoM. According to the company, test-drive satisfaction rates also rose by the end of April, suggesting intelligent-driving features helped shorten customer decision cycles.

When did XPENG (XPEV) unveil the GX flagship SUV and what is it?

XPENG unveiled the GX flagship SUV on April 15, 2026. According to the company, GX is its first full-sized flagship SUV built around advanced cross-domain technologies and represents an expansion of its product lineup.

What production milestone did XPENG (XPEV) reach in Europe in April 2026?

On April 7, 2026, the first locally produced P7+ rolled off Magna's Graz, Austria line. According to the company, this is the third model manufactured in Austria after the G6 and G9, expanding its European production footprint.

Does XPENG (XPEV) report month-over-month delivery growth for April 2026?

Yes. XPENG reported a 13% month-over-month increase in vehicle deliveries for April 2026. According to the company, the growth aligns with product launches and software rollouts that improved retail test-drive metrics.