Newsfilter·2024-06-01 09:00Core Insights - XPeng Inc. reported a total of 10,146 Smart EV deliveries in May 2024, marking a 35% year-over-year increase and an 8% month-over-month increase [1] - The XPeng X9 model achieved 1,625 monthly deliveries, with a cumulative total of 11,456 units, maintaining its top-selling position in the all-electric MPV and three-row model segments in China [1] - Year-to-date deliveries for XPeng reached 41,360 Smart EVs, reflecting a 26% increase compared to the previous year [1] Delivery Performance - In May 2024, XPeng delivered 10,146 Smart EVs, which is a 35% increase year-over-year and an 8% increase from April 2024 [1] - The XPeng X9 model has been a significant contributor, with 1,625 units delivered in May and a total of 11,456 units since its launch [1] - Cumulatively, XPeng has delivered 41,360 Smart EVs in 2024, representing a 26% increase year-over-year [1] Technology and Innovation - The monthly active user penetration rate of XPeng's XNGP in urban driving scenarios reached 84% by May 2024 [2] - XPeng's R&D team has accredited over 6.46 million kilometers of on-road test mileage for XNGP, aiming for full nationwide road coverage by Q3 2024 [2] - The company launched its AI-powered in-car operating system, XOS 5.1.0, during the AI Day event on May 20, 2024, showcasing its leadership in AI applications within the automotive industry [2] Company Overview - XPeng is a leading Chinese Smart EV company focused on designing, developing, manufacturing, and marketing Smart EVs for technology-savvy middle-class consumers [3] - The company aims to drive Smart EV transformation through technology, enhancing the mobility experience of the future [3] - XPeng develops its full-stack advanced driver-assistance system technology and in-car intelligent operating system in-house, with manufacturing facilities located in Zhaoqing and Guangzhou, Guangdong province [3]