NIO Inc. Provides March and First Quarter 2023 Delivery Update
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Li Auto (LI) XPeng (XPEV) and NIO Inc. (NIO) report 1Q delivery numbers
April 3, 2023 8:01 AM EDTLi Auto (NASDAQ: LI), XPeng (NYSE: XPEV) and NIO Inc. (NYSE: NIO) reported 1Q23 delivery numbers Monday, with LI leading the pack of start-ups. Li Auto announced that the company delivered 20,823 vehicles in March 2023, surpassing the 20,000 monthly delivery mark again and representing an increase of 88.7% year over year. This latest report brings Lis cumulative vehicle deliveries to 309,918 as of the end of March.
We have commenced deliveries of Li L7, our... More
Chinese EV start-ups gain on March delivery results
April 3, 2023 7:41 AM EDTSeveral Chinese electric vehicle companies reported March deliveries and sales numbers, with BYD and GAC Aion each reporting 97% YoY delivery growth. Aion reported deliveries of 40k unit sales, up 97% YoY/33% MoM, while BYD reported its total Mar sales volume, including both passenger vehicles (PVs) and commercial vehicles (CVs), at 207k units, up 97% YoY/7% MoM.
BYD's YT-Mar sales reached 19% of Bank of Americas FY23 sales volume forecast. Sales of BYDs passenger electric vehicle (PEV) volumes grew 98% YoY to 206k... More
