Rival Chinese EV Makers Li, Xpeng, Nio Target Tesla With Record June Deliveries

Tesla’s rivals in China are growing, as Li Auto, XPeng, and NIO all reported record vehicle deliveries numbers for the month of June this week.

Leading the pack was NIO, which announced its vehicle deliveries on Thursday, saying it reached a record level for the month at 8,083 units, representing a 116% growth for 2020. The most delivered vehicle for NIO was the EC6 SUV – a five-seat SUV coupe.

Tesla delivered 201,250 vehicles in the second quarter, just shy of projections.

Over the course of three months ending in June, NIO delivered a total of 21,896 vehicles – a record that grew by 111.9% year-over-year, with cumulative deliveries of the ES8, ES6, and EC6 SUVs, reaching 117,597 units.

Li Auto said on Friday, it delivered 7,713 units of the Li One SUV – the only model in its lineup. The deliveries marked a 320.6% increase from a year earlier and a 78.4% quarter-over-quarter jump.

Total deliveries for the second quarter were 17,575 units – another all-time high for the Chinese EV maker.

Li also said that it has new orders for June that surpass 10,000 – also a record high for the company.

Xpeng followed both electric automakers, delivering 6,565 vehicles, which it said was primarily made up of its P7 sedan (4,730 units). Xpeng also produces the G3 SUV (1,835 units delivered) and has plans to begin deliveries of the G3i SUV and the P5 sedan later in 2021.

The record month represented a 617% increase year-over-year and a 15% increase from June 2020.

Q2 deliveries reached 17,398, a jump of 439% from last year, Xpeng said. Year-to-date deliveries for the automaker totaled 30,738 units, up 459% from the same timeframe in 2020.

Xpeng’s record deliveries come as the Chinese automaker gears up for a dual listing on the Hong Kong exchange on July 7 that is expected to raise as much as $2 billion, CNBC reported. The company is already listed on the New York Stock Exchange.