XPENG announced its latest delivery performance with a delivery of 7,002 units in March, an increase of 17% compared to the previous month. Among them, the total delivery of the P7 model was 3,030 units, an increase of 32% month-on-month.
XPENG P7i was launched on March 10th, and both display and test-drive cars have arrived at the dealership. As of now, P7i has started deliveries in multiple cities including Beijing, Guangzhou, and Chengdu.
On March 17th, XPENG released its Q4 and full-year 2022 financial report. The total revenue in Q4 2022 was RMB 5.14 billion, equivalent to approximately USD 790 million, a year-on-year decrease of 39.9%; the number of car deliveries was 22,204 units, a year-on-year decrease of 46.8%. The total deliveries in 2022 were 120,000 units, a year-on-year increase of 23%, and the full-year revenue was RMB 26.9 billion, equivalent to approximately USD 4.13 billion, a year-on-year increase of 28%.
