Xpeng July Deliveries Rise 3.6% but Slip From June on Supply Lags

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. … Read more