Li Auto and NIO’s Vehicle Deliveries in November Reach New High

Li Auto and NIO’s Vehicle Deliveries in November Reach New High
Written by Techbot

On December 1, a number of Chinese new energy automobile enterprises announced their new vehicle deliveries data for the month of November. Performance varies, but most of achieved year-on-year sales growth. Among them, three new vehicle manufacturers have achieved monthly deliveries totalling more than 10,000 units, which is the same as last month.

Overall, according to data released by the China Passenger Car Association (CPCA) for November, the retail sales of narrow-sense passenger cars in China are expected to be 1.86 million units, an increase of 2.4% year-on-year and an increase of 0.9% quarter-on-quarter. Among them, the retail volume of new energy vehicles is expected to be 600,000, up 58.5% year-on-year and 8.2% quarter-on-quarter, and the penetration rate is expected to reach 32.3%.

Specifically, within the delivery list of new Chinese automobile manufacturers, the dark horse of new energy vehicle firms, NETA Auto, ranked first yet again. Its delivery volume in November was about 15,100 vehicles, a year-on-year increase of 50.5%. From January to November of this year, the cumulative delivery volume was about 144,300 vehicles, up 142% year-on-year.

SEE ALSO: Chinese EV Firm NETA Auto Questioned About Exaggerated Deliveries

Li Auto followed NETA Auto. It delivered about 15,000 new cars in November, setting a single-month delivery record for itself, with a year-on-year increase of 11.5%. From January to November this year, about 112,000 new cars were delivered by the company. As of November 30, 2022, its cumulative delivery volume was 236,100.

Third place was taken by NIO, which also set a new high in the past month, reaching about 14,200 vehicles, up 30.3% year-on-year and 40.9% quarter-on-quarter. Among them, the delivery volume of its three new models, which include the ET7, ES7 and ET5 all based on the company’s NT2 platform, has steadily increased, reaching about 11,100 vehicles. From January to November, it delivered about 106,700 new cars, and its annual delivery volume exceeded 100,000 cars for the first time, up 31.8% year-on-year.

(Source: NIO)

Ranked fourth is Leapmotor, which delivered a total of 8,047 new vehicles that month. From January to November this year, 103,000 units were delivered by the company, and the cumulative delivery volume increased by over 185% year-on-year.

XPeng Motors delivered 5,811 new cars in November, an increase of 14% from the previous month. Among them, 1546 G9 vehicles were delivered, an increase of 148% from the previous month. From January to November this year, the company delivered about 109,500 new cars, a year-on-year increase of 33%. Since deliveries began, the company has altogether delivered nearly 250,000 vehicles.

The delivery volume of Huawei-backed AITO reached 8,260 units in November, a decrease of 31.3% from the previous month, which was the first drop since its start of delivery in March this year. In the first 11 months of this year, the total delivery volume was 66,000 units. The company stated that the month-on-month decline in November was affected by repeated pandemic lockdowns in Chongqing, where its production base is located, and a tight supply chain.

(Source: AITO)

In terms of new brands launched by traditional Chinese car companies, the latest sales data released by Aion, a subsidiary of GAC Group, shows that its sales volume in November was about 28,800 units, an increase of 11% year-on-year; From January to November, the cumulative sales volume was about 240,000 vehicles, up 128% year-on-year. It has achieved the previously-set goal of doubling the annual sales volume ahead of schedule.

According to the latest data released by Geely’s Zeekr, in November this year, about 11,000 Zeekr 001 vehicles were delivered, up 447.3% year-on-year and 8.8% quarter-on-quarter. It is worth mentioning that this is the fifth consecutive month that the deliveries of the Zeekr 001 has seen month-on-month growth. Since the start of deliveries, the cumulative delivery volume of the Zeekr brand is about 66,600 vehicles.

After entering November, many new energy vehicle companies have introduced corresponding policies in view of the imminent cancellation of state subsidies. While targeting the annual sales target, they are also making transitional changes for the market and policy next year. XPeng Motors, AITO, and Zeekr all put forward related policies that “if the vehicle delivery is not completed within 2022 due to the reasons of car companies, the difference of state subsidy will be provided to users by them according to the national subsidy policy for new energy vehicles in 2022”.

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