Xpeng Inc. (XPEV, Financial) saw its stock rise over 3.8% to $12.51. The company announced that it delivered 30,895 new vehicles in November 2024, marking a 54% increase year-over-year and a 29% rise from the previous month. This is the first time Xpeng's monthly deliveries have surpassed 30,000 units, setting a new record for three consecutive months.
The Xpeng MONA M03 model, launched three months ago, has consistently delivered over 10,000 units per month. Additionally, the newly released Xpeng P7+ achieved over 7,000 deliveries within just 23 days of its launch.