XPENG

XPENG Sales Rise 16% in June

XPENG had 40,126 vehicle deliveries in June, a 15.9% increase year over year. That was also a 24.8% increase in deliveries month over month for the company. Note that static versions of the embedded charts are included at the bottom of this article. This strong June result got the company … [continued]

XPENG VLA 2.0 & MONA L03 Ready For Global Markets

On a recent LinkedIn post, XPENG Chairman and CEO He Xiaopeng announced that, with UN/EU regulations approved, VLA 2.0 is “locked in” for global markets in 2027. With regulations set for L3 to L5 ADAS operation (hands-free to fully autonomous), XPENG models equipped and activated with VLA 2.0 are set … [continued]

Chinese NEV Share Hits 63%. What’s Next?

EVs are reaching new levels of market penetration in China. Chinese retail NEV (BEV and PHEV) market share was estimated to be 63% for May, while Chinese wholesale (includes exports) reached 61%, according to CPCA, as reported in CnEVPost. We will have to wait for a more detailed breakdown. While … [continued]