5 Minutes
Xpeng is selling plenty of cars, but the real story in April is where that volume is coming from. One model, the budget friendly Mona M03, carried the brand yet again, accounting for 13,699 deliveries and 44.17% of Xpeng’s 31,011 vehicles handed over during the month. For a company trying to climb higher into the premium EV conversation, that is both reassuring and slightly awkward.
The Mona M03 remains the backbone of Xpeng’s monthly performance. Its April result was up sharply from March, jumping 46.75% from 9,335 units, even though it slipped 3.60% compared with the same month last year. Over the first four months of the year, deliveries of the compact electric sedan reached 34,131 units, equal to 36.43% of Xpeng’s total volume in that period. Since launch, cumulative deliveries have hit 258,429 units. In other words, this is not a side player in the lineup. It is the car doing the heavy lifting.
That matters because the Mona M03 sits at the accessible end of the market, with a starting price that translates to roughly €15,400 and rises to about €19,500. It gives Xpeng scale, yes, but it also underlines how much the brand still relies on affordability while preparing its next push into more expensive territory.
The company will soon need help from the other end of the showroom. Xpeng is getting ready to launch the new GX SUV, a model expected to strengthen its premium credentials. April’s breakdown makes it clear why that launch matters.
Strong volume, uneven balance
The G6 SUV was Xpeng’s second best selling vehicle in April with 5,692 deliveries, or 18.35% of the monthly total. That is still a solid result, but the trend was softer than Xpeng would have wanted. Deliveries fell 26.87% year on year and edged down 0.73% from March. From January to April, the G6 posted 18,233 deliveries, down 12.84% from a year earlier. Its entry price comes in at about €22,800.
Behind it sat the P7+ sedan, which reached 3,999 units in April and represented 12.90% of the brand’s deliveries for the month. There was at least a little momentum here, with sales up 6.24% from March, but the yearly picture stayed weak, down 45.90%. For the first four months, the P7+ delivered 13,065 cars, a steep 58.2% decline year on year. Pricing for the model runs from around €24,100 to €26,900.
The X9 MPV continued to carve out a useful niche. April deliveries landed at 2,951 units, good for 9.52% of the monthly mix. Year on year, that was an encouraging 23.78% increase, though it slipped 4.03% from March. Across the first four months, the X9 reached 12,122 units. In price terms, it plays in a very different arena, roughly €40,000 to €47,700, showing Xpeng can attract buyers above the mass market, even if those volumes remain well below the Mona M03.
Then there is the older P7 sedan, which turned in 1,905 deliveries in April and contributed 6.14% of total monthly volume. That may not look huge, but the model quietly gained pace, rising 18.62% from March. Its January to April total reached 5,051 units, a remarkable 444.29% jump from the same period last year. For an older nameplate, that is a notable rebound.
The G7 SUV delivered 1,571 units in April, down 34.46% from March, with a 5.07% share of total deliveries. Its cumulative total for the first four months stood at 6,322 units, or 6.75% of Xpeng’s overall deliveries. The G9, once seen as a major premium pillar, had a tougher month. It delivered 1,194 vehicles in April, down 61.08% year on year, accounting for just 3.85% of monthly volume. From January through April, the G9 reached 4,769 units, down 45.01% from the previous year.
What emerges is a lineup that is active across several segments but still lacks balance. Xpeng is not short of products. It is short of equal performers.
There is another piece of context worth noting. Of the 31,011 vehicles delivered in April, 25,005 were retailed in China’s domestic market, according to the China Passenger Car Association. Exports contributed 6,006 units, a meaningful figure that suggests Xpeng’s overseas expansion is starting to add real weight rather than just headline value.
So yes, April was a good month on paper. More than 31,000 deliveries is no small achievement. But the split inside those numbers tells a more nuanced story. Xpeng’s affordable sedan is still doing the bulk of the work, while several higher positioned models are either losing ground or searching for consistency. The upcoming GX SUV now carries more than product launch buzz. It could become a test of whether Xpeng can turn strong EV volume into a truly well balanced premium growth story.
Comments
gearvox
whoa, the m03 is carrying the company? kinda wild. impressive scale but feels like a crutch. if GX flops, their premium dream collapses imo
dataflux
So Xpeng sold 31k but almost half were the cheap Mona M03? Is this even sustainable long term... GX has to perform, or the premium push is just talk rn
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