HK Stock Market Move | XPENG-W (09868) rises over 3%; October deliveries surpass 50,000 units, setting a new monthly record high.

XPENG-W (09868) moved higher intraday, rising 3.03% as of press time to HK$36.68, with turnover of HK$137 million. On the news front, on November 1, XPeng Group announced its latest delivery results. In October, XPeng Group delivered a total of 50,237 new vehicles, up 22% month-on-month and 20% year-on-year, setting a new all-time high for monthly deliveries. Of these, 13,326 units were delivered in overseas markets, up 166% year-on-year, setting a new all-time high for monthly deliveries in overseas markets. It is reported that the MONA L05 has officially launched, with a limited-time promotional price starting at RMB139,800, and the limited number of near-production vehicles sold out rapidly within 3 minutes after launch, with nationwide large-scale deliveries commencing on November 1. In October this year, XPeng Group showcased its full range of physical AI products at the 91st Paris Motor Show; on October 26, XPeng Group was approved for intelligent connected vehicle application demonstration operation qualification in Guangzhou, allowing it to conduct L4-level Robotaxi demonstration operations across the entire Guangzhou region. This approval means that XPeng Robotaxi has obtained the qualification for public demonstration operations, advancing XPeng Robotaxi further from technical validation toward validation of operations and business models.