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02 Nov
09:54

XPeng's NEV sales decline 39.8% on-month in October

Chinese leading new energy vehicle company XPeng saw its sales volume decline 39.8% month-on-month in October to 5,101 units. The volume is even lower than October 2021 when it sold 10,138 units. It shows an on-year decline of about 49.68%. XPeng's sales performance hasn't been ideal since the second half of this year. October is the third consecutive month of sales declines, Kallanish notes. Some industry observers estimate there will be a 28% quarter-on-…
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