Xpeng Reports Record Q3 Deliveries With 118,390 Vehicles

Xpeng Sets Quarterly Delivery Record With 118,390 Vehicles

Xpeng Q3 deliveries reached a record 118,390 vehicles, as the Chinese electric vehicle maker completed the third quarter within its previously issued delivery guidance. The company delivered 41,256 vehicles in September, its strongest monthly result of the year. September deliveries were down 0.78% from the same month a year earlier but increased 5.50% from August. The monthly result ended three consecutive months of year-over-year delivery growth from June through August, although September remained slightly below the 41,581 vehicles delivered during the same month last year.

Third-Quarter Deliveries Surpass Previous Record

Xpeng delivered 118,390 vehicles during the third quarter, representing a 2.05% increase from the same period a year earlier and a 14.61% improvement from the second quarter. The result surpassed the company's previous quarterly record of 116,249 vehicles, established in the fourth quarter of last year. Xpeng had previously guided for third-quarter deliveries of 115,000 to 121,000 vehicles when it released its second-quarter earnings on August 24. The actual result was slightly above the midpoint of that guidance range, which was approximately 118,000 vehicles.

Year-to-Date Deliveries Remain Below Last Year

Xpeng delivered 284,367 vehicles during the first nine months of the year, according to data compiled by the source article. That represented a 9.20% decline from the same period a year earlier. However, the year-to-date decline narrowed from 10.49% through the first eight months, indicating that stronger recent deliveries have partially reduced the earlier shortfall. Despite the improvement, the company had not yet recovered the volume gap created by weaker deliveries earlier in the year. The September result therefore contributed to a gradual improvement in Xpeng's cumulative delivery performance.

New Models Support Xpeng's Sales Expansion

The Mona L03 exceeded 10,000 deliveries in September, while Xpeng said production capacity for the model continued to expand. The vehicle has also entered markets including Hong Kong, the Philippines, Australia, and Indonesia, with deliveries getting underway. The GX flagship six-seat SUV recorded 7,224 deliveries during September, marking its third consecutive month above 7,000 units. The performance of the GX helped Xpeng increase sales of its premium models while the Mona L03 contributed additional volume across both domestic and overseas markets.

G9L Adds Five-Seat SUV To Xpeng's Lineup

Xpeng launched the G9L flagship five-seat SUV in China on September 17, positioning the model alongside the GX to address family demand for both five-seat and six-seat vehicles. The G9L entered the market with a limited-time starting price of 231,800 yuan, equivalent to $34,420, and is offered with battery-electric and extended-range powertrains. Xpeng plans to hold the model's overseas launch in Paris, France, in October. The company also announced on September 11 that the first mass-produced right-hand-drive G9L vehicles had left the production line and would soon be shipped to Australia.

Xpeng Targets Higher Monthly Sales In Fourth Quarter

Chairman and CEO He Xiaopeng said during Xpeng's August earnings call that the company would target more than 60,000 vehicle sales per month in the fourth quarter. The objective is tied to the introduction of additional models, including the G9L and Mona L05 SUV. Reaching more than 60,000 monthly deliveries would require a substantial increase from September's 41,256 vehicles, with the target roughly 45% higher than the latest monthly result. Xpeng's ability to increase production, expand overseas deliveries, and build demand for its newer models will therefore be important to its fourth-quarter sales ambitions.

International Expansion Broadens Xpeng's Model Reach

Xpeng's latest delivery performance combines stronger quarterly volume with an expanding international presence for newer products. The Mona L03 has begun deliveries in several overseas markets, while right-hand-drive G9L production is supporting the model's planned expansion into Australia and its upcoming overseas launch in France. These developments give Xpeng additional channels for increasing sales beyond its domestic lineup. At the same time, the company's year-to-date decline shows that new-model momentum must continue if it is to fully offset weaker volumes from earlier in the year and sustain the improvement demonstrated during the third quarter.

Industry Impact & Outlook

Xpeng's record quarterly delivery result highlights the importance of new-model launches, production expansion, and international market access in the increasingly competitive Chinese EV sector. The G9L, GX, and Mona L03 provide the company with products spanning different family and premium-market requirements, while overseas launches create additional opportunities for volume growth. The immediate priority will be converting the third-quarter momentum into sustained fourth-quarter deliveries above September's level. Progress toward the more than 60,000-unit monthly target will depend on demand for new models, manufacturing capacity, and the pace at which Xpeng's international rollout develops.

Frequently Asked Questions

What were Xpeng's third-quarter vehicle deliveries?
Xpeng delivered 118,390 vehicles during the third quarter, setting a new quarterly delivery record for the company. The result increased 2.05% from the same quarter a year earlier and rose 14.61% from the second quarter. It also exceeded Xpeng's previous quarterly record of 116,249 vehicles, which was established in the fourth quarter of the prior year. The third-quarter result was within the company's guidance range of 115,000 to 121,000 vehicles and slightly above its guidance midpoint of approximately 118,000 vehicles.

How many vehicles did Xpeng deliver in September?
Xpeng delivered 41,256 vehicles in September, making it the company's strongest monthly delivery result of the year. September volume increased 5.50% compared with August but declined 0.78% from the same month a year earlier, when Xpeng delivered 41,581 vehicles. The September figure ended three consecutive months of year-over-year delivery growth from June through August. The company also reported that the Mona L03 exceeded 10,000 deliveries during the month, while the GX flagship six-seat SUV reached 7,224 deliveries.