Nio, XPeng and Li Auto reported healthy sales of electric cars in June as they emerge from Covid-19-induced disruption
- XPeng delivered15,295 cars in June, compared with 12,961 units at Nio and 13,024 at Li Auto
- Li Auto said it had received 30,000 orders as of June 24 for the full-size SUV L9, with which will be delivered to customers from August
China’s smart electric vehicle (EV) start-ups reported a sharp rise in deliveries last month, indicating that mainland customers’ demand for high-end battery-powered cars remains strong.
“The Chinese smart EV builders, banking on their better understanding of local consumers’ tastes and demand, are betting on new models to vie for a bigger slice of the pie,” said Chen Jinzhu, the chief executive of Shanghai Mingliang Auto Service, a consultancy. “Overall sales are expected to bounce back in the second half of this year and the Chinese start-ups will do their best to assemble and deliver more vehicles.”
Guangzhou-based XPeng outshone its two domestic rivals, delivering 15,295 vehicles in June, up 51 per cent from a month earlier.
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Shanghai-headquartered Nio delivered 12,961 units, a jump of 84.5 per cent month on month, while Beijing-based Li Auto handed over 13,024 vehicles, a growth of 13.3 per cent.