Chinese automakers BYD, Leapao and Xiaomi exceed annual delivery targets | Real Time Headlines

Singapore-Chinese car manufacturer BYD, Yuedong Automobileand Millet It exceeded its annual delivery target one month ahead of schedule, highlighting its rapid growth and strong market demand at the end of the year.

Electric vehicle giant BYD publish Passenger car sales in November were 504,003 units, up from 500,526 units in the previous month. The cumulative delivery volume of passenger cars was 3,740,930 units, exceeding the original full-year delivery target of 3.6 million units.

at the same time, starSupport zero running saw 40,169 delivery In November, the quarterly increase was 5.22%, and the annual increase was 117%. The company has delivered 251,207 vehicles so far this year, exceeding its annual delivery target of 250,000 vehicles.

Xiaomi also achieved this feat transcend Its annual target is to deliver 100,000 vehicles by mid-November. The company launched its first car, the SU7, in March this year.

Throughout the month of November, the Chinese phone maker delivered more than 20,000 vehicles for the second consecutive month this year. Xiaomi has adjusted its year-end shipment target to 130,000 units.

Chinese electric vehicle manufacturer Zekel Said on Sunday publish The number of cars in November was 27,011, an increase of 7.83% from the previous quarter and an increase of 106% from the same period last year.

This month’s deliveries bring the full-year delivery tally to 194,933 vehicles, just shy of the full-year delivery target of 230,000 vehicles.

The Geely-backed automaker began deliveries of its new five-seat SUV Zeekr Mix on October 23.

Xpeng Motors Also achieved the best results in history 30,895 deliveries In November, the quarterly increase was 29%.

This includes the company’s mass-market car, the Mona M03, which saw deliveries exceed 10,000 units for the third consecutive month. Xpeng Motors roll out The Mona M03 will be available at the end of August with a starting price of $16,812, while Tesla’s cheapest car, the Model 3, starts at 231,900 yuan ($31,897).

Xpeng Motors’ November delivery volume also included more than 7,000 P7+ deliveries, of which roll out November 7 and 31,528 orders received to midnight that day.

quality brand Nioh publish The number of cars in November was 20,575, an increase of 28.9% compared with last year. Deliveries include 5,082 vehicles Low price brand Onvolaunching in September.

During an earnings call on Nov. 20, the company said it aimed to deliver 72,000 to 75,000 vehicles in the fourth quarter. This means Nio must deliver at least 30,449 vehicles in December to meet the minimum target.

NIO CEO Li Bin said in the same conference call that NIO will also launch the Firefly brand on December 21. Co-founder and President Qin Lihong confirmed local media Last month it was revealed that the car would be fully electric, refuting local media claims about a potential hybrid model.

According to quarterly guidance, NIO’s full-year delivery target for 2024 is 218,000 to 227,000 vehicles. Nio has delivered 190,832 vehicles so far this year, according to CNBC calculations.

The company shared plans on its earnings call to double its electric vehicle deliveries next year, aiming to deliver 20,000 Onvo vehicles per month by March 2025.

rickshawMost of its models are equipped with fuel tanks to extend the battery’s cruising range. The delivery volume in November was 48,740 vehicles, a decrease of 5.25% from the delivery volume in October. As of the end of November, the company had delivered 441,995 vehicles, exceeding its annual target of 480,000 vehicles.

The company had previously aimed to deliver 800,000 vehicles for the full year, but lowered that target in June.

Huawei-backed Aito did not reveal November delivery volumes, but declare On November 27, the delivery volume of M7 exceeded 180,000 units.

U.S. automakers amid growing price war in China Tesla price reduction As of December 31, the price of Model Y has been reduced by 10,000 yuan.