On Monday, shares of XPeng Inc. (XPEV, Financial) increased by more than 4% in pre-market trading, reaching $12.60. The surge follows the announcement that XPeng delivered 30,895 smart electric vehicles in November 2024, marking a 54% year-over-year increase and a 29% rise from the previous month. The XPeng MONA M03 model achieved over 10,000 deliveries for the third consecutive month, while the XPeng P7+ delivered over 7,000 units within just 23 days of its launch.
For the first 11 months of 2024, XPeng's total deliveries reached 153,373 units, reflecting a 26% increase compared to the same period last year.
