Xiaopeng Automobile-W (09868) delivered a total of 14036 new cars in August, up 26% month-on-month

The Zhitong Finance App learned that on September 1, Xiaopeng Automobile-W (09868) announced the latest delivery results. In August 2024, Xiaopeng Motor delivered a total of 14036 new cars, up 3% year on year and 26% month on month. From January to August 2024, Xiaopeng Motor delivered a total of 77,209 new vehicles, an increase of 17% over the previous year.

On August 27, “Xiaopeng's 10-Year Love Night and Xiaopeng MONA M03 Launch Conference” was successfully held in Beijing. Xiaopeng MONA M03, a smart pure electric hatchback coupe, was officially launched. A total of 3 models were launched. The price range ranged from 119,800 yuan to 155,800 yuan, and was sure to exceed 30,000 units within 48 hours of launch. On August 30, Xiaopeng MONA M03 completed the first batch of new car deliveries at the Chengdu Auto Show. As a pioneering work of the new decade, the Xiaopeng MONA M03 aims to be “super good-looking, super-intelligent, and super-easy to drive”. It has 4 unique original configurations and 30 configurations that exceed 200,000 levels, creating a “new 3 series in the smart era” for young users.

At this press conference, Xiaopeng, Chairman and CEO of Xiaopeng Motors, announced that in the next 10 years, Xiaopeng Motor will become an AI car company for the world, unveiling Xiaopeng's AI system for the first time, and unveiling the world's first “Xiaopeng Turing” chip, which can be used simultaneously in robots, AI cars, and flying cars, and Xiaopeng's new-generation “AI Hawkeye Vision Solution”. In August, the penetration rate of monthly active smart driving users in XNGP urban areas reached 85%.

In August, the 5.2.0 version of AI Tianji XOS completed a full OTA for overseas users, bringing an unprecedented “Chinese speed” OTA experience to overseas users.

On August 20, Xiaopeng Motor released its financial report for the second quarter of 2024: total delivery of 30,207 smart electric vehicles; revenue reached 8.11 billion yuan, up 60.2% year on year; gross margin increased to 14%, up 17.9 percentage points year on year, and achieved a leap forward in gross margin through the implementation of technology cost reduction and technology monetization through mass strategic cooperation. As of the end of the second quarter, Xiaopeng Motor's cash reserves were 37.33 billion yuan.