- Xpeng targets 550,000 to 600,000 vehicle deliveries in 2026, representing growth of about 28.1% to 39.7%.
- Xpeng will launch four new SUV models this year, including two from the Mona lineup.
Xpeng (NYSE: XPEV, HKG: 9868) recently set its full-year 2026 target at 550,000 to 600,000 deliveries during an internal strategy meeting, according to a report by local media outlet 36Kr.
Compared to the company’s 2025 delivery volume of 429,400 units, this target represents an increase of about 28.1%-39.7%, implying that average monthly deliveries would need to rise to 45,800-50,000 units, the report noted.
| Year | Deliveries |
|---|---|
| 2018 | 29 |
| 2019 | 12,728 |
| 2020 | 27,041 |
| 2021 | 98,155 |
| 2022 | 120,757 |
| 2023 | 141,601 |
| 2024 | 190,068 |
| 2025 | 429,445 |
2026 will mark another super product cycle for Xpeng. During an earnings call on November 17, its management said the company will launch seven models in 2026, with at least three entering overseas markets.
Xpeng will roll out four new SUV (sport utility vehicle) models this year: the Xpeng G01, Xpeng G02, and the Mona series D02 and D03, the report cited supply chain sources as saying.
The report did not clarify, though these model names are likely project codes.
The G01 is a luxury six-seat SUV measuring 5.1 meters long with a 3-meter wheelbase; the G02 is a full-size flagship SUV that will compete with Li Auto’s (NASDAQ: LI, HKG: 2015) Li L9 and Aito’s M9, according to the report.
Among the two Mona series SUVs, D02 is a midsize SUV while D03 is a compact SUV, the report said.
Just as 2026 began, Xpeng updated four models last week, adding extended-range electric vehicle (EREV) options for two models and offering tiered paid smart driving capability upgrades for all four models.
Xpeng’s launch of EREV models aims not only to stabilize domestic sales but also to expand its overseas market presence.
The company is accelerating its overseas market exploration, with the P7+ sedan and Mona SUVs serving as its key overseas models this year, according to 36Kr.
In 2025, overseas sales contributed about 10% of Xpeng’s annual volume, and the company plans to double its overseas sales in 2026, the report said.
Xpeng delivered 45,008 vehicles overseas in 2025, marking a 96% year-on-year increase, it announced on January 1.
The company will also accelerate deployment of its in-house developed Turing AI chip and VLA (Vision-Language-Action) 2.0 smart driving software.
Xpeng has secured over one million units of production capacity for its in-house developed chips, the 36Kr report said.
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