representing a new quarterly record and year-over-year growth of 423%. The company delivered 7,257 vehicles in the month of March. The bulk of the deliveries were for its ES6, a 5-seater premium SUV.XPeng also recorded eye-popping growth figures in the first quarter. The companyXPeng's deliveries could grow even stronger in the upcoming quarters as it unveils its third production model in the second quarter, with deliveries planned in the fourth quarter, according to the company.
According to Wedbush analyst Dan Ives, the first-quarter deliveries for Nio and XPeng were"robust" and beat Wall Street estimates. Even more impressive were the firms ability to deliver strong growth in the first quarter despite
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