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

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A Xpeng P7 Electric Car is displayed at the 18th Guangzhou International Automobile Exhibition, China Import and Export Fair Complex in Guangzhou, Guangdong Province.

Visual China Group | Visual China Group | Getty Images

Chinese automakers produce electric vehicles Nio XpengAlthough deliveries fell in January, they were higher than the same period last year.

Xpeng said Tuesday it delivered 12,922 electric vehicles in January, a more than 19% dip from December. This is still a 11.55% rise year-on–year. This marks the fifth consecutive month in which Xpeng delivers more than 10,000 units per month. However, it was able to surpass 15,000 delivery in November and December.

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

Rival Nio reported that the company delivered 9652 vehicles in January. That’s 33.6% higher year-on-year, but less than December’s total of 10,489.

As of Jan. 31, Nio said cumulative deliveries of its vehicles — the ES8, ES6 and EC6 — reached 176,722 unites.

Nio as well as Xpeng were grappling with the global chip shortageThis continues to be a problem for the auto sector. He Xiaopeng CEO at Xpeng stated in an earnings call that global chips shortages were a major problem for the auto industry. remains the “biggest production hurdle” for the company.

CNBC Pro provides more details about electric vehicles

Tuesday, Xpeng announced that it was “carrying out a technological upgrade” in Zhaoqing at its south China factory to take advantage the Lunar New Year break.

In a statement, Xpeng stated that the upgrade would allow for faster delivery of significant orders backlogs from 2021 and enable us to better service the growing demand in the New Year.

China’s players in electric vehicles have been also trying to increase the semi-autonomous technologyThey use their vehicles to distinguish themselves from Tesla and one another.

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