Exhibit 99.1
XPENG Announces Vehicle Delivery Results for October 2023
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20,002 vehicles delivered in October 2023, a new record of monthly deliveries |
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8,741 XPENG G6s delivered in October 2023, a best-seller battery electric SUV in its price segment
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GUANGZHOU, China Nov. 1, 2023 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 October 2023.
In October 2023,
the Companys Smart EV monthly deliveries reached a record high of 20,002 units, representing a 31% increase over the prior month and a 292% increase year-over-year. This months strong results boasts XPENGs robust growth momentum
for the ninth consecutive month. At the same time, the production output of XPENG G6 significantly ramped up, spurring the G6s single-month delivery volume to reach 8,741 units, making it a best-seller battery electric SUV in the RMB200,000-250,000 price segment.
On October 24, 2023, XPENG hosted its 2023 Tech Day event during which the
management unveiled its latest go-to-market plan for its full-stack, industry-leading ADAS - XNGP. XPENG plans to expand the rollout of XNGP functions that are not
reliant on high-definition maps to 50 cities by year-end. Simultaneously, a new ADAS feature - AI Valet Driver - will be available for select customers by the end of 2023, with the aim of achieving nationwide
coverage in 2024.
The annual Tech Day event also debuted the XPENG X9, a starship-inspired, large 7-seater MPV
that features a highly futuristic, innovative, tech-savvy exterior design. As a flagship model built upon SEPA2.0 architecture, the XPENG X9 will be showcased at the Auto Guangzhou 2023 held in November.
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, Silicon Valley, San Diego and Amsterdam. The Companys Smart EVs are mainly manufactured at its plants in Zhaoqing and Guangzhou, Guangdong province. For more information, please
visit https://heyXPENG.com.