XPENG(XPEV) Newsfilter·2024-07-01 09:00Delivery Results - In June 2024, XPeng delivered 10,668 Smart EVs, marking a 24% year-over-year increase and a 5% increase from the previous month [1] - For the first half of 2024, XPeng delivered a total of 52,028 Smart EVs, which is a 26% increase compared to the same period last year [1] - The XPENG X9 achieved 1,687 units in June, with a cumulative total of 13,143 units since its launch, making it the top seller in the all-electric MPV and three-row model segments in China [1] Technology and Product Development - The monthly active user penetration rate of XPENG's XNGP in urban driving scenarios reached 84% [2] - A significant OTA update in July will enable nationwide availability of XNGP on all public roads [2] - An upgrade to XPENG's AI Tianji OS is planned for the third quarter of 2024, along with its official overseas launch [2] - The company will unveil details about the all-electric hatchback coupe, Mona M03, in July, which features the lowest drag coefficient of 0.194 among mass-produced models in its class [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 and enhance 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, along with core vehicle systems [3] - The company is headquartered in Guangzhou, China, with additional offices in major cities and regions including Beijing, Shanghai, Silicon Valley, San Diego, and Amsterdam [3]