China: Xpeng More Than Quadrupled EV Sales In November 2020
Xpeng is growing nicely, thanks to the P7 sedan.
Xpeng is enjoying a huge increase of electric car sales in China since the company introduced its new P7 model.
In November, the company sold 4,224 EVs, which is 342% more than a year ago. Part of the reason is, of course, that a year ago sales were low, but it's really quite a boost.
- Xpeng P7: 2,732 (11,371 YTD, since June)
- Xpeng G3: 1,492 (9,970 YTD)
During the past 11 months of this year, Xpeng sold a total of 21,341 electric cars (up 87% year-over-year).
Time will tell whether the momentum will be maintained over a longer time to allow a significant expansion in China, as well as to Europe.
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