The Chinese trio of EV makers, Xpeng, Nio and Li Auto had a bumper month this June, recording serious gains in the Chinese auto market.
Xpeng recorded the highest growth of the three, setting a monthly record of deliveries. It moved 6,565 electric vehicles, a healthy 15 percent increase over the month of May but a massive 617 percent over the same month last year. The deliveries break down into 4,730 P7 models and 1,835 G3 models.
For the second quarter of the year, Xpeng shipped a total of 17,398 units, recording a 439 percent increase over the same period last year. This means 30,738 units for the first six months of the year, another massive 459 percent gain over last year performance.
Nio also had an excellent month, with even more units moved than Xpeng, but less growth recorded. It delivered 8,083 units in June, a growth of 116.1 percent over June last year. It was 20 percent better outing than for May when it delivered 6,711 deliveries.
The June sales comprises 1,498 ES8 models, 3,755 ES6 models and 2,830 EC6 models. Total for the second quarter for Nio stood at 21,896 electric vehicles, a 111.9 percent increase over the second quarter of last year. For the first half of the year, Nio dispatched 117,597 to their owners.
Both Xpeng and Nio were founded in 2014 but are apparently performing at differently levels, although Xpeng shows signs of trying to catch up with a bigger growth rate.
Li Auto performed well too, shipping 7,713 of its only model, the Li One SUV. That figure represents a 78.4 percent increase over May and 321 percent over the month of June last year. Deliveries for the second quarter stood at 17,575, 166 percent up from last year. It was also above the company’s own target.
Nio has a Power Day event scheduled for July 9, in which it will focus on batteries and charging tech. The auto maker has also added 11 new battery swapping stations in China, bring the total number of stations to 300. It is aiming for 500 such facilities before the year ends. In preparation for a new model, Nio is adding more robots to its factory.
Xpeng will start delivering its new sedan, the P5 in the last quarter of 2021. Xpeng says it will be the first Smart EV to use auto-grade LIDAR tech.