Li Auto, BYD lead China’s EV delivery surge
Chinese new energy vehicle brands Li Auto, Zeekr, and BYD each hit record car deliveries in September. Li Auto delivered 53,709 vehicles, Zeekr reached 21,333, and BYD delivered 417,603. Nio also delivered 21,181 cars, including its new Onvo brand, while Xpeng delivered 21,352 vehicles, surpassing forecasts. Xiaomi and Aito, co-developed by Huawei, posted over 10,000 and 39,931 deliveries, respectively. These records put Li Auto and Xpeng on track to exceed delivery forecasts, while Zeekr fell slightly short of its annual goal. Xpeng shares rose 3.12% after the announcement.