(Yicai) Dec. 2 -- Chinese new energy vehicle startups, including Li Auto and Leapmotor, have reported record-high sales for last month, driven by favorable government policies such as trade-in incentives and aggressive year-end price competition.

Li Auto's deliveries rose 19 percent to 48,700 vehicles last month from a year earlier, while Leapmotor's surged 117 percent to 40,200, and Xpeng's jumped 54 percent to 30,900, they announced separately yesterday.

Beijing-based Li Auto delivered 442,000 units in the 11 months ended Nov. 30, with its total deliveries reaching 1,075,400. Leapmotor’s exceeded 40,000 for the first time, logging a record high for the sixth straight month and fulfilling its 250,000 annual sales target ahead of schedule.

Xpeng notched up a new delivery record for the third consecutive month, topping 30,000 for the first time. Its deliveries rose 26 percent to 153,400 units in the first 11 months of the year from a year earlier.

Harmony Intelligent Mobility Alliance reported that deliveries edged up 0.7 percent to 41,900 vehicles in November from a year ago. The auto alliance started by Chinese tech giant Huawei Technologies has four brands, each produced by a different carmaker.

Orders for the M9, a sport utility vehicle co-developed by Huawei and Seres Group, have hit 180,000 within 11 months of launch. Some 12,600 Aito M7s were delivered last month, while total deliveries reached 230,000 in the 13 months since it was launched.

Deliveries of Zeekr Intelligent Technology Holding, the EV unit of Geely Holding Group, soared 106 percent to a record 27,100 last month, with total deliveries exceeding 390,000.

Shanghai-based Nio delivered 20,600 units, reaching 20,000 for the seventh straight month. From January to November, its deliveries jumped 34 percent to 190,800.

Xiaomi Auto handed over more than 20,000 vehicles for the second month in a row. On Nov. 18, the car-making unit of the Chinese electronics titan said deliveries of its first EV, the SU7, had topped 100,000, so it was raising the annual target to 130,000.

Editor: Martin Kadiev