NIO, Li Auto report record-high monthly deliveries

Beijing (Gasgoo)- In November, best-ever monthly deliveries were achieved by Li Auto and Nio, while Xpeng Motors set up a new monthly record for this year.

November and YTD deliveries 

NIO was still the only one whose monthly deliveries exceeded 5,000 units. Last month, the automaker delivered 5,291 vehicles to customers, setting up new monthly delivery record for the fourth consecutive month. What’s more, the year-on-year growth of monthly deliveries has been over 100% for eight months in a row.

BaaS (Battery as a Service) helps NIO attract new customers. In November, BaaS users accounted for 35% of NIO’s new orders. The service, launched in August, allows customers to buy the vehicle without the battery while its users can subscribe to battery packs of various capacity according to their needs and pay on a monthly basis. Thanks to this service, the competitiveness of NIO’s models has been strengthened when compared with traditional vehicles.

To meet the increasing market demands, the production capacity of NIO will be raised to 7,500 units per month by January. Besides, as of November, NIO has 189 stores in 111 cities across the country, including 22 NIO Houses and 167 NIO Spaces.

Apart from NIO, Li Auto’s monthly production also surpassed 5,000 units in November, when its new orders outnumbered its production. Last month, Li Auto delivered 4,646 Li ONEs, representing an increase of 25.8% when compared with the volume of October. By the end of November, Li Auto has delivered 26,498 vehicles for this year.

According to Mr. Xiang Li, founder, chairman and chief executive officer of Li Auto, the automaker expects that the deliveries of the last quarter will reach 11,000 units to 12,000 units. If we minus the deliveries of October (3,692) and November (4,646), the automaker should deliver 2662 vehicles at the least to realize the target. And that is not a tough task. (308)

November deliveries by Model

Xpeng reported the best delivery performance for this year in November. It delivered a total of 4,224 vehicles last month, a year-on-year increase of 342%. In the past eleven months, the automaker handed over 21,341 vehicles, up 87% from a year ago.

In November, the monthly deliveries of its P7 model hit a new high of 2,732 units, 30% more than that of October. The cumulative deliveries of the P7 have reached 11,371 units since the scale delivery at the end of June, making the company the fastest to deliver 10,000 vehicles among local EV startups.

Xpeng P7 Wing; photo credit: Xpeng Motors

At the Auto Guangzhou 2020, Xpeng unveiled the P7 Wing, the limited edition of its P7 super-long range sports sedan. The limited edition boasts a pair of specifically-designed scissor-style front doors that are usually available in luxury sports vehicles. The P7 Wing offers  four-wheel drive high-performance and rear-wheel drive super-long range versions at post-subsidies prices of 409,000 yuan ($62,200) and 366,900 ($55,800) respectively. (467)

Apart from the above three U.S.-listed startups, WM Motor and Leapmotor also announced their monthly deliveries. Last month, WM Motor delivered 3,018 vehicles, jumping 174.6% year on year while its year-to-date deliveries as of November were nearly 20,000 units. The deliveries of Leapmotor grew 17% month on month to 2,032 units while the cumulative deliveries of this year were 8,367 units.