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XPeng Delivers 31,011 EVs in April as New SUV and European Production Boost Expansion

Story Highlights
  • XPeng’s April 2026 deliveries rose to 31,011 vehicles, aided by VLA 2.0 intelligent driving, which increased test-drive satisfaction and accelerated purchase decisions.
  • The company launched its first full-sized flagship SUV, the XPENG GX, and expanded European production with Magna in Austria, strengthening its premium positioning and global reach.
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XPeng Delivers 31,011 EVs in April as New SUV and European Production Boost Expansion

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An update from XPeng, Inc. Class A ( (HK:9868) ) is now available.

XPeng reported delivering 31,011 vehicles in April 2026, a 13% increase from March, underscoring sustained momentum in its electric vehicle sales. The rollout of its upgraded VLA 2.0 intelligent driving system boosted test-drive satisfaction and cut the time from test drive to purchase decision by nearly half, highlighting software-driven features as a key sales catalyst.

The company also unveiled the XPENG GX, its first full-sized flagship SUV built on its most advanced cross-domain technologies, reinforcing its push into the premium segment. In Europe, XPeng and production partner Magna began rolling off the first locally produced P7+ from Magna’s Graz plant in Austria, the third locally made model there, deepening XPeng’s European manufacturing base and supporting its global expansion strategy.

The most recent analyst rating on (HK:9868) stock is a Sell with a HK$59.00 price target. To see the full list of analyst forecasts on XPeng, Inc. Class A stock, see the HK:9868 Stock Forecast page.

More about XPeng, Inc. Class A

XPeng Inc. is a Chinese electric vehicle maker focused on smart, software-defined cars and intelligent driving technologies. The company offers a lineup of EVs, including SUVs and sedans, and is expanding internationally with a growing manufacturing and sales footprint in Europe.

Average Trading Volume: 15,971,024

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$116.6B

Learn more about 9868 stock on TipRanks’ Stock Analysis page.

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