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● XPeng Reports Third Quarter 2021 Unaudited Financial Results Quarterly vehicle deliveries reached 25,666 , a 199.2 % increase year - over - year Quarterly total revenues reached RMB5,719.9 million , a 187.4 % increase year - over - year Quarterly gross margin reached 14.4 % GUANGZHOU , China , ( BUSINESS WIRE ) XPeng Inc. ( " XPeng " or the “ Company ” , NYSE : XPEV and HKEX : 9868 ) , a leading Chinese smart electric vehicle ( " Smart EV " ) company , today announced its unaudited financial results for the three months ended September 30 , 2021 . Operational Highlights for the Three Months Ended September 30 , 2021 Deliveries of vehicles were 25,666 in the third quarter of 2021 , setting a new quarterly record and representing an increase of 199.2 % from 8,578 in the corresponding period of 2020 and an increase of 47.5 % from 17,398 in the second quarter of 2021 . ● Deliveries of the P7 were 19,731 in the third quarter of 2021 , reaching a record quarterly high and representing an increase of 71.2 % from 11,522 in the second quarter of 2021 . Total deliveries P7 deliveries 2021Q3 25,666 19,731 2021Q2 17,398 11,522 2021Q1 2020Q4 13,340 7,974 12,964 8,527 2020Q3 8,578 6,210 Among the total P7s delivered in the third quarter of 2021 , 99 % can support XPILOT 2.5 or XPILOT 3.0 . 1 XPeng's physical sales network consisted of a total of 271 stores , covering 95 cities as of September 30 , 2021 . XPeng - branded super charging stations expanded to 439 , covering 121 cities as of September 30 , 2021 . Financial Highlights for the Three Months Ended September 30 , 2021 Total revenues were RMB5,719.9 million ( US $ 887.7 million ) for the third quarter of 2021 , representing an increase of 187.4 % from the same period of 2020 , and an increase of 52.1 % from the second quarter of 2021 . Revenues from vehicle sales were RMB5,460.1 million ( US $ 847.4 million ) for the third quarter of 2021 , representing an increase of 187.7 % from the same period of 2020 , and an increase of 52.3 % from the second quarter of 2021 . Gross margin was 14.4 % for the third quarter of 2021 , compared with 4.6 % for the same period of 2020 and 11.9 % for the second quarter of 2021 . Vehicle margin , which is gross profit of vehicle sales as a percentage of revenues from