Xpeng Motors' annual target completion rate is only 23%, and sales growth is weak

Although Xpeng Motors delivered 11,145 new cars in July 2024, a year-on-year increase of 1% and a month-on-month increase of 4%, from January to July this year, a total of 63,173 new cars were delivered, a year-on-year increase of 20%, and the annual target completion rate was only 23%. Xpeng Motors, once known as Weilai, Xiaoli and Li Auto, is now clearly lagging behind.