Xpeng delivered 38,027 vehicles globally in July, marking a 3.57% increase year-on-year but a 5.23% decline from June, according to company figures. Deutsche Bank reported in a July 21 research note that the volume fell short of dealer expectations of up to 45,000 units, constrained primarily by limited supply of the newly launched Mona L03.
Mona L03 Launch and Production Constraints
Xpeng launched the Mona L03 globally in Munich, Germany, on July 16, with a starting price of 123,800 yuan ($18,240) in China. Customer deliveries officially began on July 22. According to Deutsche Bank’s dealer checks, firm orders for the electric vehicle exceeded 20,000 units within seven minutes of its debut, eventually accumulating over 50,000 non-cancellable orders.
Wait times for the all-electric version stretch between 13 and 17 weeks. Xpeng stated that large-scale deliveries across China will accelerate in August, meaning the subsequent August and September figures will more accurately reflect real consumer demand and manufacturing output.
First-Seven-Month Delivery Trajectory
Cumulative global deliveries for Xpeng reached 1,223,828 units as of July 31. However, total deliveries for the first seven months of the year hit 204,004 vehicles, representing a 12.78% decrease compared to the same period in the previous year. Steep drops characterized the opening months of the year, with January down 34.1% and February down 49.9%. These declines have narrowed monthly, setting up models like the L03 to bridge the year-on-year gap through the second half.
Pro Tip: Monitoring delivery wait times provides a direct indicator of whether automakers can successfully clear order backlogs without risking order cancellations during high-demand product rollouts.
Global Expansion and Autonomous Driving Plans
Beyond the domestic market, Xpeng plans to introduce the Mona L03 to 65 countries and regions this year. The company also outlined its long-term strategy for the Australian market, aiming to launch five all-new models in the second half of 2026 while growing its local sales and service footprint. On the technology front, Xpeng announced that its Next Generation Pilot (NGP) system, driven by the in-house VLA 2.0 model, will roll out globally in 2027. Deploying an assisted driving system initially trained in China will require adapting to varied regulatory frameworks and liability rules across international markets.
Did You Know? Xpeng reported that the electric vehicles delivered between January and July are projected to reduce life-cycle greenhouse gas emissions by more than 3,230,000 tons.
Frequently Asked Questions
What caused Xpeng’s delivery slowdown in July?
According to Deutsche Bank, limited supply of the newly released Mona L03 constrained delivery volumes during the month, keeping total deliveries at 38,027 vehicles.
How much does the Xpeng Mona L03 cost?
The Mona L03 starts at 123,800 yuan ($18,240) in China and is offered in both battery electric vehicle (BEV) and extended-range electric vehicle (EREV) versions.
When will Xpeng launch its NGP system internationally?
Xpeng announced that its NGP system, powered by the VLA 2.0 model, will begin its global rollout in 2027.
Want to stay updated on the latest electric vehicle production trends and market analyses? Subscribe to our newsletter or leave a comment below to join the discussion.