Xpeng said it delivered 23,205 cars in the second quarter of 2023, a 27% quarter-on-quarter rise, beating its own forecasts.
A XPeng Inc. G6 electric sport utility vehicle . The company is hoping the release of the new car will boost sales which plunged in the first quarter.surged in pre-market trade in the U.S. after the Chinese electric vehicle maker reported a quarterly return to growth for car deliveries, following more than a year of declines.
of between 21,000 and 22,000 units. That was still lower than the 34,422 cars delivered in the second quarter of last year. Deliveries have been declining each quarter since the first quarter of 2022 for Xpeng, as it struggled with a tough macroeconomic environment in China and heightened competition from domestic rivals and from Tesla, which has beenTesla's strategy seems to be working with the company reportingXpeng said deliveries in June alone totalled 8,620 cars, marking a 15% increase over May and the highest monthly delivery figure this year.
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