XPENG Announces Vehicle Delivery Results for April 2025

Rhea-AI Summary

XPENG reported strong delivery performance in April 2025, with 35,045 Smart EVs delivered, marking a substantial 273% year-over-year increase. The company maintained its streak of delivering over 30,000 vehicles monthly for six consecutive months.

Key achievements include:

• XPENG MONA M03 surpassed 100,000 cumulative deliveries
• XPENG P7+ reached 50,000 production milestone within five months of launch
• Total deliveries for first four months of 2025: 129,053 units (313% YoY increase)

The company's XNGP advanced driver assistance system achieved 84% monthly active user penetration in urban driving. Additionally, XPENG launched its ADAS Insurance Service in China, priced at RMB 239 per year, available across all models through partnerships with leading Chinese insurers.

Positive

• Delivered 35,045 EVs in April 2025, showing massive 273% YoY growth
• Maintained 30,000+ monthly deliveries for six consecutive months, demonstrating consistent high-volume production
• Strong Q1 2025 performance with 129,053 deliveries, up 313% YoY
• XPENG MONA M03 reached 100,000 unit delivery milestone
• XPENG P7+ achieved 50,000 vehicle production in just 5 months post-launch
• High XNGP user adoption with 84% monthly active penetration rate in urban driving
• New revenue stream from ADAS Insurance Service launch at RMB 239/year

Negative

• None.

Insights

Financial Analyst

XPENG's triple-digit delivery growth, production milestones, and new revenue initiatives signal strong execution and market momentum.

XPENG's April delivery results demonstrate remarkable growth momentum, with 35,045 vehicles delivered representing a 273% year-over-year increase. This marks the sixth consecutive month exceeding 30,000 units, indicating consistent production capability and sustained demand.

The year-to-date deliveries of 129,053 units with 313% growth shows accelerating momentum in 2025. The rapid achievement of production milestones—100,000 cumulative units for the MONA M03 and 50,000 units for the P7+ in just five months—indicates effective manufacturing scale-up and strong market acceptance across multiple models.

Beyond vehicle sales, the 84% penetration rate for XNGP in urban driving reflects strong adoption of XPENG's advanced driver assistance technology. This high utilization rate likely enhances user experience and brand loyalty while generating valuable data for further system improvements.

The launch of the ADAS Insurance Service at RMB 239 per year represents an early step toward recurring revenue streams. While modest in per-unit revenue, this service could enhance margins and customer retention if widely adopted across XPENG's growing user base.

The combination of volume growth, production efficiency, technology adoption, and service expansion demonstrates a well-executed strategy across multiple business dimensions. These results indicate XPENG is successfully scaling operations while laying groundwork for potential revenue diversification beyond vehicle sales.

• Delivers 35,045 units in April, up 273% YoY
• 30,000+ vehicles delivered monthly for six consecutive months

GUANGZHOU, China, May 01, 2025 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for April 2025.

In April, XPENG delivered 35,045 Smart EVs, marking a 273% increase year-over-year, surpassing 30,000 units for the six consecutive month. Cumulative deliveries of XPENG MONA M03 had surpassed 100,000 units. The XPENG P7+ achieved its 50,000th vehicle production milestone in five months since its launch. For the first four months of 2025, XPENG delivered 129,053 Smart EVs, representing a 313% increase compared to the same period last year.

In addition to robust delivery growth, XNGP achieved a monthly active user penetration rate of 84% in urban driving in April 2025. On April 28, XPENG officially launched its ADAS Insurance Service in China. Priced at RMB 239 per year, this service offers additional coverage when NGP is in operation and is made available to all XPENG models through partnership with leading insurance providers in China.

About XPENG
XPENG is a leading Chinese Smart EV company that designs, develops, manufactures, and markets Smart EVs that appeal to the large and growing base of technology-savvy middle-class consumers. Its mission is to drive Smart EV transformation with technology, shaping the mobility experience of the future. 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 are mainly manufactured at its plants in Zhaoqing and Guangzhou, Guangdong province. For more information, please visit https://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 goals 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, contract manufacturers, 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 SEC. All information provided in this press release is as of the date of this press release, 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

Source: XPeng Inc.

FAQ

How many vehicles did XPENG (XPEV) deliver in April 2025?

XPENG delivered 35,045 Smart EVs in April 2025, representing a 273% increase year-over-year. This marks the sixth consecutive month of deliveries exceeding 30,000 units.

What is XPENG's (XPEV) total delivery count for January-April 2025?

XPENG delivered 129,053 Smart EVs in the first four months of 2025, showing a 313% increase compared to the same period in 2024.

How much does XPENG's new ADAS Insurance Service cost in China?

XPENG's ADAS Insurance Service launched on April 28, 2025, costs RMB 239 per year and provides additional coverage when NGP is in operation for all XPENG models.

What milestone did the XPENG P7+ achieve in April 2025?

The XPENG P7+ reached its 50,000th vehicle production milestone in April 2025, achieving this within five months of its launch.

What is the adoption rate of XPENG's XNGP system in urban driving?

XPENG's XNGP achieved an 84% monthly active user penetration rate in urban driving during April 2025.

How many XPENG MONA M03 units have been delivered in total?

The cumulative deliveries of XPENG MONA M03 have exceeded 100,000 units as of April 2025.