Chinese EV makers Xpeng, Nio January deliveries rise from a year ago

A Xpeng P7 electric powered automobile is on exhibit through the 18th Guangzhou Worldwide Auto Exhibition at China Import and Export Reasonable Complex on November 20, 2020 in Guangzhou, Guangdong Province of China.

VCG | Visible China Group | Getty Images

Chinese electrical carmakers Nio and Xpeng saw deliveries dip in January versus December but had been still higher compared to a year ago.

Xpeng said Tuesday it delivered 12,922 electric powered autos in January, a far more than 19% dip from December. But that nevertheless signifies a 115% year-on-year rise. It is really the fifth straight month that Xpeng has sent about 10,000 models in a solitary month. But in November and December, it managed to exceed 15,000 deliveries.

As of Jan. 31, Xpeng mentioned cumulative deliveries of its electric powered cars and trucks — the P7, P5, G3 and G3i — surpassed 150,000 units.

Rival Nio said that it delivered 9,652 cars in January, up 33.6% calendar year-on-calendar year but down from December’s quantity of 10,489.

As of Jan. 31, Nio explained cumulative deliveries of its automobiles — the ES8, ES6 and EC6 — achieved 176,722 unites.

Both Nio and Xpeng have been grappling with the world wide chip lack which continues to plague the auto marketplace. In an earnings phone in July, Xpeng CEO He Xiaopeng stated that the international chip scarcity remains the “largest output hurdle” for the corporation.

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Xpeng said Tuesday that it is “carrying out a technological innovation update” at its manufacturing unit in Zhaoqing, south China, to choose gain of schedule output downtime above the Lunar New Yr holiday getaway.

“The upgrade will permit accelerated shipping and delivery of the significant buy backlog carried about from 2021 as very well as allow for us to much better provide the growing desire in the new yr,” Xpeng mentioned in a assertion.

China’s electric powered car players have also been seeking to enhance the semi-autonomous technology in their autos as a way to differentiate from Tesla and just about every other.