XPeng studies 6,010 electrical automobile deliveries in February, which is 3.5 p.c lower than a yr in the past, however barely greater than in January.

The Chinese language start-up continues to battle with six consecutive months of a year-over-year lower in gross sales. Particularly vital was a practically 60 p.c drop in January.

The overwhelming majority of XPeng gross sales are in China.

The scenario might be very difficult for XPeng, because the model doesn’t even report the outcomes of particular person fashions anymore. Let’s recall that the lineup contains G3/G3i, P5, P7, and G9 flagship SUV.

In response to CnEVPost, XPeng just lately utilized reductions to the P7 mannequin (on high of common value cuts, which have been launched in January), to clear stock forward of the market launch of a brand new P7i model.

Xpeng gross sales final month:

• Complete: 6,010 (down 3.5% year-over-year)

To this point this yr, XPeng delivered greater than 11,000 electrical vehicles, which is 41 p.c lower than a yr in the past.

Xpeng gross sales year-to-date:

• Complete: 11,228 (down 41% year-over-year)

For reference, in 12 months of 2022, XPeng’s electrical automotive gross sales exceeded 120,000 items:

As of February 28, 2022, cumulatively XPeng delivered 269,938 electrical vehicles (the 200,000th automotive was delivered to clients in June).

To enhance its outcomes, XPeng just lately launched the G9 and the brand new P7 mannequin in Europe and opened a number of new shops in choose markets.

“In parallel with efforts to speed up market share positive factors domestically, the Firm continued to increase its presence in worldwide markets. In February 2023, XPENG opened its second retail shops in each Denmark and the Netherlands. On the similar time, the primary European service middle additionally began operation in Lørenskog, Norway.”

China additionally awaits the brand new P7, known as the P7i:

Time will inform whether or not XPeng will be capable to reverse the latest development and enhance gross sales, past 10,000 items a month like up to now.

That is a really essential problem for the start-up, which faces fierce competitors in its house market not solely on the technical degree however the value degree too.