Li Auto

NIO, XPeng, Li Auto July Deliveries Drop, But Shares Still Jump

China’s auto market saw sales fall across the board in July, including electric vehicle (EV) startups including NIO, XPeng Motors and Li Auto. Deliveries for NIO, XPeng and Li dropped off in July along with much of the market, though the automakers also saw their shares rise, according to Barron’s. NIO delivered 10,052 deliveries in […]

NIO, Li Auto, Xpeng See Sales Drop in April, Due to COVID-19 Lockdowns

Chinese electric vehicle (EV) maker NIO on Sunday announced delivery numbers for the month of April, along with rivals Li Auto and Xpeng. NIO delivered a total of 5,074 EVs in April 2022, bringing the automaker’s year-to-date total for deliveries in 2022 up to 30,842 — a year-over-year increase of 13.5%. NIO delivered 25,768 cars […]

Xpeng, Li Auto, NIO See Deliveries Surge in China: January 2022

Tesla rivals in China posted impressive sales numbers in January, including electric vehicle (EV) companies Xpeng Motors and Li Auto, among others. Xpeng and Li Auto said on Tuesday that their sales more than doubled in January, with fellow EV automaker NIO saying its sales increased by a third, according to the South China Morning […]

Chinese EV Makers NIO, Li Auto, Xpeng See Deliveries Surge in December 

NIO on Saturday announced that it delivered a total of 10,489 vehicles during December 2021, up 49.7% year-over-year (YoY) from December 2020. “The deliveries consisted of 2,782 ES8s, the Company’s six- or seven-seater flagship premium smart electric SUV, 4,939 ES6s, the Company’s five-seater high-performance premium smart electric SUV, and 2,768 EC6s, the Company’s five-seater premium […]

China’s NIO, Xpeng Motors, Li Auto See Deliveries Surge in September

Many of China’s growing electric auto manufacturers reported their delivery numbers on Friday, and as Tesla usually waits a day or two to post its delivery numbers, analysts are wondering if the U.S. company will follow suit with the upward market trend for Chinese automakers in September. Xpeng Motors, NIO and Li Auto all reported […]

China’s Xpeng, Li Auto Sell Record Number of EVs in July

Keeping in stride with fellow Tesla rival NIO, Chinese automakers Xpeng Motors and Li Auto appear to be putting pressure on Tesla in the world’s largest auto market with record sales. Li Auto and Xpeng Motors sold record numbers of cars in July, with Li Auto having sold a total of 8,589 units and Xpeng […]

Chinese EV Automakers Trying to Cultivate Brand Loyalty Like Apple

According to the South China Morning Post, NIO and Xpeng Motors are building online communities for users to earn credit towards specific branded products, with the former company now having sold over 3 million products through its app. In addition, Tesla has already cultivated a loyal following of the company and CEO Elon Musk, which […]

China’s NIO, Xpeng, Li Auto See Growth Slowed by Chip Shortage

A global semiconductor chip shortage affected NIO, along with a slew of other China-based electric vehicle (EV) manufacturers and others around the world. According to Investors Daily, Chinese automakers NIO, Xpeng Motors, and Li Auto, all saw triple-digit sales growth in this year’s first quarter, despite production being slowed significantly due to an inability to […]

Norway’s Biggest Bank Bets on Tesla and Other EV Automakers

Norges Bank, the central bank of Norway, made massive investments in Tesla and a number of other companies at the forefront of the electrification revolution in Q4 2020 — reports Barron’s. The Norwegian bank currently manages the world’s largest sovereign-wealth fund–the Norway Government Pension Fund–and disclosed the stock investments in a form filed with the […]

Chinese Buyers are Price, Range Conscious When Considering EV Purchase

With a range of electric vehicle (EV) options recently becoming available to buyers in China – like BYD, NIO, Xpeng Motors, Wuling HongGuang, and others – some are electing to buy local, instead of imported options like Tesla. According to qualitative research collected by CNBC, Chinese EV buyers considered factors like price competitiveness, driving range […]

Chinese EV Startup Li Auto to Sell Fewer Vehicles Than Rival NIO

Electric vehicle (EV) company NIO revealed its first electric sedan last month in its market of China, and it’s already outperforming some of its competitors with sales of its first few EVs. On Thursday, Chinese EV startup Li Auto said it expected to deliver between 10,500 and 11,500 cars in the first quarter of 2021, […]