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 stated it delivered 29,927 autos in January, marking a 4% drop in gross sales year-over-year and a whopping 49% dip from December when it delivered 58,513 autos.

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

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

Nio Pushes Forward With ONVO: Shanghai-based Nio, in the meantime, delivered 13,863 autos in January, together with 7,951 NIO model autos and 5,912 ONVO model autos. 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