Chinese electric vehicle startups and Tesla Inc. (NASDAQ:TSLA) competitors Li Auto Inc (NASDAQ:LI), XPeng Inc (NYSE:XPEV) and Nio Inc (NYSE:NIO) reported its delivery numbers for the month of April on Monday.
What Happened: Li Auto topped among the three EV makers with a whopping 516.3% year-over-year jump in deliveries to 25,681 units in April. The numbers surpass Li’s March delivery record of 20,823 units to set a new monthly record. This is the second time Li Auto delivery numbers have surpassed the 20,000 mark.
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Guangzhou, China-based XPeng delivered 7,079 EVs in April, up marginally from the 7,002 delivered in March. However, the fresh delivery numbers are a major slump of about 21.4% from April last year when the company delivered 9,002 vehicles.
Nio recorded a 31.2% annual jump to 6,658 vehicles in April. However, the April numbers are a shocking 35.8% drop from March deliveries, when the company delivered 10,378 units.
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Read More: Tesla China Rival Charges Ahead As April Sales Surge Six-Fold To Over 25K EVs
