Leapmotor Retains Lead Over Chinese NEV Startups for Ninth Month in November(Yicai) Dec. 2 -- Posting record sales for last month, Leapmotor tightened its grip on the top-seller spot among Chinese new energy vehicle startups.
Leapmotor’s deliveries surged 75 percent from a year earlier to 70,327 vehicles in November, setting a new monthly record and fulfilling its annual target of 500,000 ahead of schedule.
Nio’s November deliveries rose 76 percent year on year to 36,275, but fell 10 percent from October, dragged lower by a 32 percent drop for its new Onvo brand to 11,794.
Xpeng Motors handed over 36,728 vehicles, a 19 percent annual gain but a 13 percent month-on-month decline. The automaker also hit its 2025 goal of 380,000 deliveries earlier than planned. Li Auto’s deliveries sank 32 percent to 33,181 from a year ago, but rose 4 percent on October.
Nio targets 440,000 deliveries this year, but had only achieved 63 percent of that as of Nov. 30. Li Auto aims for 700,000, but it is only about halfway there.
The Harmony Intelligent Mobility Alliance, a vehicle partnership led by Huawei Technologies, delivered a combined 81,864 cars, a new monthly high. The alliance includes brands such as Aito (produced with Seres Group), Luxeed (with Chery Automobile), Stelato (with BAIC Group), Maextro (with JAC Motors), and Shangjie (with SAIC Motor).
Xiaomi Auto delivered more than 40,000 units, keeping above that level for the third consecutive month. Xiaomi Chairman and Chief Executive Lei Jun recently said its car production unit is expected to deliver more than 400,000 cars this year.
Zeekr Technology Group, the NEV arm of Geely Automobile that manages the Zeekr and Lynk & Co brands, saw deliveries rise 7 percent from a year earlier and 4 percent from October to 63,902. Some 35,059 were Lynk & Co autos, and 28,843 were Zeekr cars.
Editors: Dou Shicong, Futura Costaglione