According to the latest statistics, Xiaopeng Motors' total sales in September exceeded 21000 vehicles, a year-on-year increase of 39% and a month on month increase of 52%, setting a new record for monthly delivery and surpassing brands such as NIO and Jike, becoming the top selling brand in the pure electric camp. In the first nine months of 2024, Xiaopeng Motors delivered a total of 98600 new cars, a year-on-year increase of 21%. The sales volume of Xiaopeng Motors in September reached about 30% of the total sales volume from January to August.
According to sources from Xiaopeng Motors, the significant increase in sales in September is attributed to the hot sales of Xiaopeng MONA M03. This model, which focuses on cost-effectiveness in terms of product strength, for the first time brings industry-leading intelligent driving and intelligent cockpit functions to the price range of 100000 yuan to 150000 yuan, filling the previous market gap. In September, the monthly sales exceeded 10000 units, becoming one of the best-selling A-class pure electric sedans in China, and the order volume has been steadily increasing. In addition, due to the hot sales of MONA M03, the sales of models such as Xiaopeng G6 have also increased.
In addition to product and delivery, Xiaopeng Motors has also made significant breakthroughs in intelligent driving technology. In September, the monthly active user penetration rate of Xiaopeng XNGP urban intelligent driving reached 83%; In late September, Xiaopeng AI Dimensity XOS 5.3.0 officially launched full push, bringing users 32 feature updates and 38 feature optimizations.
During the 2024 Q2 earnings conference call, He Xiaopeng, Chairman of Xiaopeng Motors, stated that since the launch of Xiaopeng MONA M03, Xiaopeng will enter a strong product cycle and a favorable period of rapid development. In the next three years, there will be multiple new products and upgraded models launched intensively. The delivery ramp up of MONA M03 and P7+will significantly expand Xiaopeng's market share. Xiaopeng Motors is confident that its delivery volume will increase significantly month on month in the third and fourth quarters of this year, and reach a new high in delivery volume in the fourth quarter, "said He Xiaopeng.
Xiaopeng MONA M03 achieved monthly sales exceeding 10000, which cannot be achieved without the improvement of Xiaopeng Motors' supply chain capabilities. To ensure supply, Xiaopeng Motors has already expanded its related production capacity twice. After the launch of the Peng MONA M03, the weekly delivery volume of the new model has increased by up to 2600 units and remained stable at around 2000 units per week. In the future, Peng Auto's production and delivery capabilities are expected to further improve.