Xiaopeng Automobile delivers 13340 lithium iron phosphate battery versions G3 and P7 in the first quarter.

On April 1, Xiaopeng released its delivery results in March 2021: the total delivery volume in March was 5102, an increase of 130% month-on-month and 384% over the same period last year. Monthly delivery has doubled for nine consecutive months compared with the same period last year. Of this total, 2855 units were delivered for the P7, an increase of 103% over the previous month. 2247 units were delivered for the TX G3, an increase of 176% over the previous month.

In the first quarter of this year, the total delivery volume of Xiaopeng reached 13340, surpassing the 12964 in the fourth quarter of 2020 and a sharp increase of 487% over the same period last year, making it the highest quarterly delivery performance in Xiaopeng's history.

Xiaopeng also said that it has further expanded its product camp this year in order to meet the growing market demand. Delivery of the P7 wing version, which focuses on the high-end sedan market, was launched at the end of March, while the G3 and P7 of lithium iron phosphate batteries, launched on March 3, are scheduled to start delivery in April and May this year, respectively.

Xiaopeng will also start selling its third new mass production model in the second quarter of this year, and delivery is scheduled to begin in the fourth quarter of this year.

In addition, on March 15, Xiaopeng Automobile announced that it had recently reached a strategic cooperation with Guangdong Yuecai Investment Holdings Co., Ltd. the two sides reached a cooperation agreement of 500 million yuan for Guangdong Industrial Development Fund to invest in Guangzhou Orange Bank Intelligent Automotive Technology Co., Ltd. On January 12, Xiaopeng just announced that it had received a comprehensive credit of 12.8 billion yuan from five major banks.

A few days ago, it was reported that Xiaopeng Motor and other three giants of new Chinese car-making forces have approached investment banks to prepare for listing in Hong Kong. Xiaopeng is communicating with Bank of America (Bank of America) and JP Morgan about the listing plan, according to people familiar with the matter. Xiaopeng did not comment.