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Xpeng delivers 10,000 EVs for second straight month in October as it overcomes chip, raw material shortages
- The Guangzhou-based carmaker delivered 10,138 units last month after achieving sales of 10,412 units in September
- Xpeng reported brisk sales of its P5 sedan, the world’s first Lidar-guided electric vehicle
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Daniel Renin Shanghai
Xpeng Motors, the world’s first carmaker to launch a Lidar-guided electric vehicle (EV), reported strong sales in October even as China’s automotive industry grappled with a shortage of chips and raw materials.
The Guangzhou-based carmaker delivered a total of 10,138 vehicles last month, the second consecutive month it has gone past the milestone, after achieving sales of 10,412 units in September.
“A two-month winning streak shows Xpeng’s vehicles have been well received by a growing number of EV fans in China,” said Eric Han, a senior manager with Shanghai-based business advisory Suolei. “It is certain to become a powerful player in the country’s automotive industry.”
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On the mainland, monthly delivery of 10,000 cars is seen as an important threshold for defining a powerful carmaker.
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Xpeng's tests autonomous driving on expressway
Xpeng's tests autonomous driving on expressway
Xpeng, a smart EV start-up backed by this newspaper’s owner Alibaba Group Holding and smartphone maker Xiaomi, is one of the three Chinese rivals to Tesla, the leading EV maker in the mainland.
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October’s sales, however, represented a 2.6 per cent decline from the previous month.
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