The changing car sales ranking shows EV competition is intensifying
The most noteworthy new energy brand
China's EV-making “new force,” a group of companies led by Nio, XPeng and Li Auto, have disclosed delivery figures for February. Although the Chinese spring festival suspended auto sales for a few days, most companies saw increased sales year on year (YoY).
Li Auto led the cohort with sales of 8,414 units, surging 266% YoY.
Its new model Li X01 may be released in the first half of this year, and the vehicle is positioned as a large SUV, according to the Beijing-based carmaker
Nata, an EV startup, delivered 7,117 vehicles in February, up 255% from a year earlier. Its year-to-date sales reached 18,126 units, growing 332% YoY.
The company's fast growth is partly due to a stable delivery, which is critical when some rivals are delaying shipment. In addition, Nata S, its new car based on the company’s “Shanhai” platform, has completed several tests and will be available soon.
XPeng sold 6,225 units, with a YoY growth of 180%. The sales consisted of 3,537 units of P7, 2,059 of P5 and 629 of G3. XPeng recently upgraded its production base in the southern Chinese city of Zhaoqing, significantly improving its delivery ability.
In February, Nio sold 6,131 vehicles, expanding 10% YoY. Nio had taken a lead in delivery over Li Auto and XPeng for many months, but its performance recently became a bit sluggish. The company aims to spur sales by delivering its luxury sedan ET7 starting from March 28.
Delivery of Leapmotor reached 3,435 units in February, up 447% YoY. The company has three models for sale, T03, C11, S01, and it just released a teaser for its new C01 sedan. This is a medium-to-large pure electric car. which takes three seconds to accelerate from zero to 60 miles per hour and has a driving range of 700km.