Xpeng reported record deliveries of 42,013 vehicles in October, marking its fourth consecutive month of record-breaking performance as the Chinese electric vehicle (EV) maker continues its strong growth momentum.
The October result represents a 75.7% increase from 23,917 vehicles delivered in the same month last year and a 1.0% rise from September’s 41,581 units, according to company data. From January to October, Xpeng delivered 355,209 vehicles, up 190.0% from a year earlier.
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Earlier this year, Xpeng management said it expected to double its deliveries in 2025 compared with last year, implying a target of about 380,000 vehicles for 2024. The company is now on pace to reach one million cumulative deliveries within the next one to two months.
While Xpeng did not provide a breakdown of deliveries by model, analysts said the Mona M03 continues to be the company’s main sales driver. From January to September, the model accounted for 42.1% of Xpeng’s total deliveries, with 131,989 units sold in that period. The company celebrated the production of its 200,000th Mona M03 sedan on October 29.
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Xpeng will host its 2025 AI Day in Guangzhou, its headquarters city, on November 5. The event is expected to feature the official debut of the extended-range X9 multi-purpose vehicle (MPV), marking the company’s next step in broadening its product lineup.