Chinese electric vehicle manufacturers XPeng and Li Auto saw their sales fall in September compared with the same month last year, whilst Nio saw its sales rise, according to the companies’ reports.
The latter saw sales rise by 7.7 per cent last month to 37,408 vehicles, and by 49.2 per cent over the first three quarters to 300,301 vehicles.
XPeng’s deliveries in September fell by 0.8 per cent to 41,256 electric vehicles. Meanwhile, in the third quarter, the figure rose by 2.1 per cent to a record 118,390. Over the first nine months, the company sold 284,367 electric cars, which is 9.2 per cent fewer than in the same period last year. By the end of September, XPeng’s network of charging stations numbered more than 4,000 and covered more than 430 cities.
Li Auto’s sales last month fell by 6.3 per cent to 31,817, whilst year-to-date sales have decreased by 1.3 per cent to 293,436. As at the end of September, the company operated 485 retail outlets in 160 cities, as well as 532 service centres in 217 cities, according to a press release. In addition, it operated a network of nearly 4,190 charging stations.
Smartphone manufacturer Xiaomi, which launched its first electric vehicle at the end of March 2024, reported sales of over 40,000 cars in September – the highest figure this year. The company does not traditionally publish exact figures. Over the first nine months, Xiaomi sold around 286,500 electric cars.
Leapmotor delivered a record 105,656,000 electric vehicles in September (a 58.5 per cent year-on-year increase), and 666,539,000 over the first nine months (a 68.5 per cent increase). The company expects deliveries to exceed the 1 million mark this year.