XPeng delivered 22,204 vehicles in the fourth quarter, above the upper end of the 20,000 to 21,000 guidance range it previously provided.
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Insurance registrations for most new energy vehicle (NEV) brands in China were flat or up slightly last week compared to the previous week, the latest figures show.
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XPeng's Guangzhou plant was qualified in December to produce vehicles with a design capacity of 120,000 vehicles a year, a contractor for the company said.
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The new XPeng P7 was launched in Europe on February 3, and the model is expected to be officially launched in China in March.
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Point72 increased its bet on NIO in the fourth quarter, re-bought Li Auto, but liquidated its position in XPeng.
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BYD and NIO's numbers were higher than the previous week, while Tesla's were lower than the previous week.
The post China NEV insurance registrations for week ending Feb 12: BYD 31,417, Tesla 6,963, NIO 3,045 appeared first on CnEVPost.
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Bridgewater reduced its holdings in NIO by 27.91 percent, XPeng by 6.15 percent and Li Auto by 46.63 percent during the fourth quarter.
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