XPeng Surges Past 40,000 Monthly Deliveries, Shattering Records
The Chinese EV maker's September and Q3 delivery results signal strong production scaling and robust market demand, beating expectations.
Chinese electric vehicle manufacturer XPeng Inc. (NYSE: XPEV) announced record-breaking delivery results for September and the third quarter of 2025, sending a strong signal of its rapidly scaling production capabilities and growing market demand. The company delivered a record 41,581 Smart EVs in September, a robust 95% increase year-over-year and the first time the company has surpassed the 40,000-unit monthly milestone.
The impressive September performance capped a historic third quarter for the Guangzhou-based automaker. , representing a massive 149% surge compared to the same period last year. These figures notably exceeded earlier projections, including a Deutsche Bank forecast that anticipated September deliveries to be around 40,000 units.
Investors reacted positively to the news and the build-up of strong expectations. on September 26, closing up 4.6% in U.S. trading. The momentum continued into the final days of the month ahead of the official October 1st announcement.
This delivery milestone underscores XPeng's successful efforts to overcome previous production bottlenecks and solidify its position in the highly competitive Chinese EV market. The consistent month-over-month growth demonstrates increasing brand recognition and consumer confidence in its Smart EV offerings, which compete with vehicles from rivals like Nio, Li Auto, and global leader Tesla.
Wall Street has maintained a generally positive outlook on the company's trajectory. As of late September, , with an average price target of $25.91. The strong Q3 performance is likely to reinforce this bullish sentiment as the company heads into the final quarter of the year, demonstrating a powerful combination of technological innovation and manufacturing prowess.