U.S.-listed Chinese EV startups Nio Inc. (NYSE:NIO), Li Auto Inc. (NASDAQ:LI), and XPeng Inc. (NYSE:XPEV) reported their January delivery numbers over the weekend, with Xpeng topping the three.
Li Auto Witnesses YoY Drop: Li Auto said it delivered 29,927 vehicles in January, marking a 4% drop in sales year-over-year and a whopping 49% dip from December when it delivered 58,513 vehicles.
XPeng Mona M03 Deliveries Exceed 15k Units: XPeng witnessed a jump of 268% year-over-year. The company delivered 30,350 vehicles last month, marking a drop of 17.3% from December.
The Guangzhou-based EV startup said that its deliveries of the XPeng Mona M03 hatchback coupe alone exceeded 15,000 units.
Nio Pushes Ahead With ONVO: Shanghai-based Nio, meanwhile, delivered 13,863 vehicles in January, including 7,951 NIO brand vehicles and 5,912 ONVO brand vehicles. This is a 55.5% drop from December delivery numbers but a 38% rise from January 2024 sales.
Nio launched its lower-priced EV brand Onvo in May. The brand started selling its first vehicle- the Onvo L60 – only in late September.
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Photo courtesy: Xpeng
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