- Xpeng delivered 15,256 vehicles in February, marking a 49.90% year-on-year decline and a 23.76% month-on-month decrease.
- Xpeng plans to launch its second-generation VLA model on March 2 and roll out the updated version of its all-electric X9 MPV.
Xpeng Monthly Deliveries 2024-2026
Month
2024
2025
2026
January
8,250
30,350
20,011
February
4,545
30,453
15,256
March
9,026
33,205
April
9,393
35,045
May
10,146
33,525
June
10,668
34,611
July
11,145
36,717
August
14,036
37,709
September
21,352
41,581
October
23,917
42,013
November
30,895
36,728
December
36,695
37,508
Xpeng monthly deliveries
2024
2025
2026
Xpeng (NYSE: XPEV, HKG: 9868) saw its February deliveries halved year-on-year, impacted by the Chinese Lunar New Year holiday and the tapering of national support policies.
The company delivered 15,256 vehicles in February, down 49.90% year-on-year and down 23.76% month-on-month, according to data released Sunday.
The Spring Festival holiday in mid-to-late February broadly impacted production and deliveries across China’s auto industry. Local competitor Li Auto (NASDAQ: LI, HKG: 2015) also saw its deliveries affected during the same period, though it recorded a slight year-on-year increase.
The 2026 Spring Festival holiday was between February 15 and 23, whereas last year’s holiday primarily occurred in January.
To counter domestic sales weakness, Xpeng is actively advancing its internationalization strategy. The company began global deliveries of its new P7+ model in February, with initial shipments destined for 18 countries.
The Guangzhou-based EV maker is also pinning hopes on upcoming technological innovations, planning an event on March 2 to officially launch its second-generation VLA (Vision-Language-Action) model.
On the same day, Xpeng will officially launch the 2026 pure-electric X9 MPV (multi-purpose vehicle). The new model, boasting a maximum range of 750 kilometers, aims to solidify its share in the premium family mobility market.
Xpeng’s software capabilities in artificial intelligence are gaining recognition from global automotive leaders. CEO He Xiaopeng recently announced Volkswagen has become the first commercial customer for its second-generation VLA solution.
He has set ambitious long-term goals for the company’s overseas operations, targeting annual overseas sales of 1 million vehicles by 2030 with over 70% of profits contributed from international markets.
Volkswagen’s adoption of Xpeng’s VLA 2.0 as its smart driving solution signifies the partnership’s expansion into AI software capabilities.
