BEIJING — Chinese electric automobile companies Xpeng and Li Auto any delivered a record series of cars in October, according to association releases late Wednesday.
Xpeng pronounced it delivered 20,002 cars final month. That’s a noted pickup from muted total progressing in a year. Just underneath half of deliveries in Oct were of Xpeng’s G6 coupe SUV, launched in late June.
The G6 sells in a roughly a 200,000 yuan 250,000 yuan ($27,340 to $34,170) cost range, while Li Auto’s SUVs sell for some-more than 300,000 yuan.
Li Auto’s monthly deliveries remained distant forward of a evident peers during 40,422 cars in October. The company’s now accessible cars are not quite battery-powered given they come with a fuel tank for fluctuating a battery’s pushing range.
Nio pronounced it delivered 16,074 cars in October, adult somewhat from a before month though next a 20,462 automobile deliveries reported for July.
All 3 companies are listed in a U.S. and saw shares arise overnight. Xpeng climbed a most, adult by 7%.
Other Chinese electric automobile brands also saw deliveries parasite aloft in October, amid unbending competition.
Geely’s electric automobile code Zeekr pronounced it delivered a record 13,077 cars final month. Zeekr on Friday suggested an ultra-fast model, a 001 FR, that rivals Tesla’s Model S Plaid in specs — during a reduce price.
Aito, a Huawei-backed new appetite automobile brand, claimed 12,700 deliveries for final month.
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Aion, an electric automobile code from state-owned GAC Motor, pronounced it sole 41,503 vehicles in October.
BYD remained by distant a hulk in a market. The association pronounced it sole 165,505 pristine battery-powered newcomer cars in October, and scarcely only as many hybrid-powered vehicles.
Telsa total for Oct were not nonetheless accessible as of Thursday morning. Previously expelled attention information had indicated a decrease in sales in China from Aug to September.
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