XPeng Inc. — Capital/Financing Update 2026

May 4, 2026

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

XPeng Inc.
小鵬集團*
(A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability)
(Stock Code: 9868)

VOLUNTARY ANNOUNCEMENT

VEHICLE DELIVERY RESULTS FOR APRIL 2026

The board of directors of XPeng Inc. (the "Company" or "XPENG") is pleased to announce its vehicle delivery results for April 2026.

In April 2026, XPENG delivered a total of 31,011 vehicles, representing a 13% increase from the prior month.

Furthermore, following the official rollout of VLA 2.0 in March 2026, test-drive satisfaction rates at XPENG retail stores recorded a significant increase by the end of April 2026. The average time customers take to make a purchase decision after a test drive also decreased by 44.7% month-over-month, reinforcing intelligent driving as a key driver of sales growth.

On April 15, 2026, the Company unveiled the XPENG GX, marking the debut of its first full-sized flagship SUV built around its most advanced cross-domain technologies.

On April 7, 2026, XPENG and its European production partner Magna marked the roll-off of the first locally produced P7+ from the production line at Magna's plant in Graz, Austria. This is the third model to be locally manufactured in Austria, following the G6 and G9, deepening XPENG's manufacturing footprint in Europe through its partnerships.

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the securities of the Company.

By order of the Board
XPeng Inc.
Xiaopeng He
Chairman

Hong Kong, Monday, May 4, 2026

This announcement contains forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company's goals and strategies; the Company's expansion plans; the Company's future business development, financial condition and results of operations; the trends in, and size of, China's EV market; the Company's expectations regarding demand for, and market acceptance of, its products and services; the Company's expectations regarding its relationships with customers, contract manufacturers, suppliers, third-party service providers, strategic partners and other

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stakeholders; general economic and business conditions; and assumptions underlying or related to any of the foregoing. All information provided in this announcement is as of the date of this announcement, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

As at the date of this announcement, the board of directors of the Company comprises Mr. Xiaopeng He as an executive director, Mr. Ji-Xun Foo as a non-executive director, and Mr. Donghao Yang, Ms. Fang Qu, Mr. HongJiang Zhang and Mr. Yudong Chen as independent non-executive directors.

• For identification purpose only

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