Tesla Rival Xpeng Outpaces Li Auto, Nio In January Regardless of Gross sales Dip From December – XPeng (NYSE:XPEV), NIO (NYSE:NIO), Li Auto (NASDAQ:LI)

U.S.-listed Chinese language EV startups Nio Inc. NIO, Li Auto Inc. LI, and XPeng Inc. XPEV reported their January supply numbers over the weekend, with Xpeng topping the three.

Li Auto Witnesses YoY Drop: Li Auto mentioned it delivered 29,927 automobiles in January, marking a 4% drop in gross sales year-over-year and a whopping 49% dip from December when it delivered 58,513 automobiles.

XPeng Mona M03 Deliveries Exceed 15k Models: XPeng witnessed a leap of 268% year-over-year. The corporate delivered 30,350 automobiles final month, marking a drop of 17.3% from December.

The Guangzhou-based EV startup mentioned that its deliveries of the XPeng Mona M03 hatchback coupe alone exceeded 15,000 items.

Nio Pushes Forward With ONVO: Shanghai-based Nio, in the meantime, delivered 13,863 automobiles in January, together with 7,951 NIO model automobiles and 5,912 ONVO model automobiles. It is a 55.5% drop from December supply numbers however a 38% rise from January 2024 gross sales.

Nio launched its lower-priced EV model Onvo in Could. The model began promoting its first vehicle- the Onvo L60 – solely in late September.

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Photograph courtesy: Xpeng