China
According to an announcement on
June 2, 2021, Li Auto sold and delivered 7,713 units of the existing model, Li
One SUV and surpassed Xpeng, who had sold 6,565 units. This represents a 320.6%
year-over-year increase and a 78.4% quarter-over-quarter increase, according to
a GlobeNewswire press release. The majority of these deliveries were of the
company’s P7 Sedan, while a smaller portion was made up of its G3 SUV. Both
companies reported these numbers as personal record bests for that given month.
Li Auto has effectively beaten
its previous numbers in its quarterly forecast by almost 2,000 deliveries,
while Xpeng exceeded the higher end of its second-quarter by almost 1,400
units. The orders for its model surpassed the 10,000 units mark which is
another personal best for the car maker. The total deliveries for Q2 increased
166.1% year-over-year and 39.7% quarter-over-quarter. This puts the final tally
at 17,575 units, which according to the press release, exceeds the company’s
projections.
Xpeng Motors’ drop
to the lower ranks comes as the New York Stock Exchange (NYSE), listed the
company as being ready to launch a dual primary listing on July 7.
designs, develops and
manufactures smart electric vehicles and was one of the first to penetrate the
Chinese electric vehicle market. Its product, the Li One SUV is a six-seater,
large premium electric SUV equipped with a range extension system and
cutting-edge smart vehicle solutions.
Source: News 18
Image Source: Google Images
Also Read:
Comments