Xpeng CEO increased stake in his company in Hong Kong and US stock markets, and plans to increase it further.

Xpeng delivered 11,145 vehicles in July, up 1.24 percent year-on-year and up 4.47 percent from June.

This was the fifth consecutive month-over-month increase in Xpeng's monthly deliveries, but still only about half of the more than 20,000 monthly deliveries in the fourth quarter of last year.

In the January-July period, Xpeng delivered 63,173 vehicles, up 20.46 percent year-on-year.

The company will launch the first model of its Mona lineup, the M03, which will be its cheapest model, on August 27.

The Xpeng Mona M03 will have a starting price of no more than RMB 135,900 ($19,030), the company said earlier this month.

Xpeng Mona M03 to start at no more than $19,030