XPeng Inc. Delivers 50,237 Vehicles in October, +22% M/M, +20% Y/Y

XPENG reported 50,237 vehicle deliveries in October 2026, up 22% month-over-month and 20% year-over-year. The company attributed growth to the launch of the XPENG L05 and expansion of its Robotaxi services. Overseas deliveries reached a record 13,326 units, up 166% year-over-year. XPENG also highlighted its environmental impact, claiming its EVs reduced greenhouse gas emissions by 5.77 million tons. The company outperformed rival NIO in October.

The Nasdaq Composite fell 1.07% to 25,164.36 on 2 November 2026, reversing an early rally. Tech stocks led losses, with Oracle down 8% after a $20B capital raise, AMD and Micron also declining. Marvell and Lumentum fell sharply after their $115B merger deal. Apple reported earnings but slipped 1% after hours. Investors are concerned about AI spending and growth.

XPeng (XPEV) shares rose 4% after reporting record October deliveries of 50,237 vehicles, up 22% month-over-month and 20% year-over-year. International sales hit a new high, with 13,326 vehicles delivered. The company also received a Level 4 Robotaxi license in Guangzhou and maintained an AAA ESG rating from MSCI.

XPeng Inc. delivered 50,237 vehicles in October 2026, a 22% month-over-month and 20% year-over-year increase. Overseas deliveries hit a record 13,326 units, up 166% year-over-year. The company launched the XPENG L05 in China and obtained a Level 4 Robotaxi service license in Guangzhou. XPENG also maintained MSCI's highest ESG AAA rating for the fourth consecutive year.

China granted autonomous-driving permits to Xpeng and Volkswagen's joint venture. Xpeng can now operate driverless taxis in Guangdong, while Volkswagen's joint venture received a Level 3 test license in Anhui. Both companies are advancing commercialization of self-driving technology in China.

XPENG has received approval to operate Level 4 autonomous robotaxis across Guangzhou, marking a shift from testing to public service. The company aims to refine fleet management and validate commercial models, with plans to expand internationally. XPENG will act as a technology provider, not a fleet operator, focusing on vehicle sales, software licensing, and ride commissions. The robotaxis use in-house Turing AI chips and existing EV architecture.