Electric carmakers are working hard to sell their models. Chinese electric carmakers sold a lot of cars in 2021 and 2022. Interestingly, Xpeng and Nio saw deliveries dip in January versus the last month of 2021 but still higher compared to a year ago.
Xpeng delivered 12,922 electric vehicles in the first month, a more than 19% dip from December. Nevertheless, that still represents a 115% year-on-year rise. It is worth mentioning that it is the fifth straight month that Xpeng has delivered more than 10,000 units in a single month. In November and December, the company managed to surpass 15,000 deliveries.
The company said cumulative deliveries of its electric cars-the P7, P5, G3, and G3i-exceeded 150,000 units as of January 31.
Xpeng and its rival Nio
Xpeng’s rival Nio said it delivered 9,652 vehicles in January, up 33.6% year-on-year but down from December’s number of 10,489. According to Nio, cumulative deliveries of its vehicles-the ES8, ES6, and EC6-reached 176,722 units as of January 31.
Xpeng and Nio are struggling to cope with the global chip shortage, which continues to plague the auto industry.
Even Tesla, which weathered the supply chain constraints relatively well, said it wouldn’t release any new models this year.
Nio and Xpeng are working hard to compete with Tesla. Still, Tesla is managing to fend off the competition. In December, the company sold a record 70,847 China-made vehicles, significantly higher than both Xpeng and Nio.
Chinese electric carmakers are not ready to give up, and they continue to invest a lot of money into their factories. On Tuesday, Xpeng said it is “carrying out a technology upgrade” at its factory in Zhaoqing, south China.
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