Sales of XPeng's Sleek Sedans Surged Again in November
Chinese electric-vehicle (EV) maker XPeng (NYSE: XPEV) said that its deliveries more than tripled in November from a year ago, as demand for its sleek P7 sedan continues to be strong.
XPeng delivered a total of 4,224 vehicles in November, up from 3,040 in October and an increase of 342% from November 2019. That latest November total included 2,732 deliveries of the P7, the sedan it began building at its own factory in Zhaoqing in late June.
Five months after it went into production, the P7 has the look of a hit product, with 11,371 shipped through November. XPeng is already moving to capitalize on the stylish electric sedan's popularity. At the Auto Guangzhou 2020 auto show last month, Xpeng showed a new limited-edition version of the P7, called the P7 Wing, with Lamborghini-like doors that open vertically.
Source Fool.com
