XPENG Sets New Delivery Record in August with 169% YoY Growth

XPENG delivered a record 37,709 smart EVs in August, a 169% YoY increase and a 3% rise from the previous month. Total deliveries for the first eight months of 2022 reached 271,615, up 252% from last year. The company's growth is driven by increasing demand for electric vehicles.

XPENG (NYSE:XPEV) delivered a record 37,709 smart electric vehicles (EVs) in August, marking a 169% year-over-year (YoY) increase and a 3% rise from the previous month [1]. This significant growth is part of a broader trend, as the company's total deliveries for the first eight months of 2022 reached 271,615, up 252% from the same period last year [1]. The company's growth is driven by increasing demand for electric vehicles.

The company's XNGP urban driving feature, which offers advanced intelligent technologies, saw strong user engagement in August, with an 85% monthly active user penetration rate [1]. Additionally, XPENG officially launched the all-new P7 model in late August, with deliveries beginning immediately [1]. The entry-level EV, the MONA M03, has become a bestseller, accounting for about 40% of its monthly sales [3]. The model, priced at 119,800 yuan ($16,800), competes with mass-market models from BYD and Geely Automobile Holdings Ltd. but leverages XPENG’s highly regarded intelligent technologies.

The company's financial performance is also improving. Net loss narrowed in the second quarter while gross margins expanded to 17.3%. During an earnings call last month, Chairman and CEO He Xiaopeng said the EV maker expects monthly deliveries to consistently exceed 40,000 units starting in September [3].

XPENG is also securing new revenue streams through strategic partnerships. On August 14, Xpeng and Volkswagen AG announced an expansion of their collaboration around electronic and electrical architecture for the German automaker’s combustion engine and plug-in hybrid platforms in China [3].

These developments suggest that XPENG is well-positioned to continue its growth trajectory in the competitive electric vehicle market.

References:
[1] https://www.ainvest.com/news/xpeng-sets-delivery-record-august-169-yoy-growth-2509-58/
[2] https://cnevpost.com/2025/09/01/xpeng-delivers-37709-cars-aug-2025/
[3] https://www.bloomberg.com/news/articles/2025-09-01/xpeng-smaller-ev-makers-kick-sales-goals-in-china-as-byd-stalls