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00:02Xping reported higher vehicle deliveries in July as it continued expanding globally
00:07and advanced its intelligent driving technology, according to Benzinga.
00:12The company delivered 38,027 vehicles during the month, up 4% from a year earlier,
00:18while cumulative worldwide deliveries surpassed 1.2 million vehicles.
00:24Xping unveiled its L03 global model in Munich
00:27and plans to launch it in 65 countries and regions this year.
00:31It also plans to introduce five new models in Australia during the second half of 2026
00:36while expanding its sales and service network.
00:38The company said its NGP intelligent driving system, powered by its VLA 2.0 model,
00:44will begin a global rollout in 2027.
00:48NIO delivered 35,934 vehicles in July, while Li Auto delivered 30,468.
00:55Xpeng led both rivals in monthly deliveries, although NIO posted faster year-over-year growth.
01:01Xpeng shares fell 3.46% in pre-market trading Monday, according to Benzinga ProData.
01:06For all things money, visit Benzinga.com.
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