The Li One electrical automobile from Li Auto is displayed on the Moonstar International Harbor shopping center in Shanghai, China, Could 10, 2021.
BEIJING — Chinese language electrical automobile start-up Nio, which has led its opponents Li Auto and Xpeng by month-to-month deliveries, fell behind each rivals in July.
U.S.-listed Nio mentioned it delivered 7,931 automobiles in July, bringing the year-to-date whole to 49,887 — extra vehicles than all of final yr. However the July determine fell from a month-to-month file of 8,083 car deliveries in June.
As a substitute, deliveries of what’s basically a hybrid electrical automobile from U.S.-listed Li Auto surpassed these of Nio in July, and exceeded these of rival start-up Xpeng for a second straight month.
Li Auto mentioned Sunday it delivered 8,589 Li One automobiles in July, a month-to-month file. The Li One SUV is the corporate’s solely mannequin in the marketplace. The automobile comes with a gasoline tank for charging the battery, extending the 180-kilometer driving vary by about 620 km (385.35 miles).
Xpeng mentioned Monday it additionally delivered a month-to-month file of 8,040 automobiles — of which 75% have been its P7 sedan, moderately than its different mannequin, the G3 SUV.
That meant Li Auto delivered 549 extra vehicles than Xpeng final month, after delivering over 1,000 extra vehicles than Xpeng in June.
On a year-to-date foundation via July, Xpeng delivered barely extra vehicles, at 38,778 versus Li Auto’s 38,743.
For the yr to this point, Nio has delivered over 10,000 extra vehicles than every of the 2 start-ups have respectively. The corporate is about to launch second-quarter outcomes on Aug. 11.
Among the many three U.S.-listed Chinese language electrical automobile start-ups, Li Auto’s shares have carried out one of the best this yr with features of 15.8%.
Nio’s shares have fallen 8.3% throughout the identical interval, whereas Xpeng’s are down practically 5.4%.