No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Sunday, October 26, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Markets

China’s Xpeng keeps up its solid EV delivery streak against rivals

by TheAdviserMagazine
4 months ago
in Markets
Reading Time: 5 mins read
A A
China’s Xpeng keeps up its solid EV delivery streak against rivals
Share on FacebookShare on TwitterShare on LInkedIn


Chinese electric car company Xpeng displays its mass-market Mona M03 coupe inside a headquarters’ showroom in Guangzhou, China, on Aug. 26, 2024.

CNBC | Evelyn Cheng

BEIJING — Chinese electric car startup Xpeng is keeping up the sales momentum against its rivals, even as BYD expands on its market dominance amid a fierce price war in China.

Xpeng said Tuesday it delivered 34,611 cars in June, its eighth-straight month of delivering more than 30,000 cars.

Shares rose more than 2% in New York trading. Xpeng did not specify what portion of the deliveries were for its cars with advanced driver-assist, or for its lower-priced Mona brand.

China’s electric car price war has only intensified in recent weeks, drawing government criticism for “involution,” or excessive, non-productive competition. Chinese President Xi Jinping on Tuesday also led a high-level financial and economic commission meeting that called for more governance of “low price, disorderly competition,” according to a CNBC translation of Chinese state media.

Mixed results for competitors

Xpeng’s U.S.-listed rivals, which target a more premium segment of China’s car market, saw more modest sales momentum.

Geely-backed Zeekr reported 16,702 car deliveries in June, down 11.7% from the prior month and 16.9% year over year.

Nio reported 24,925 car deliveries in June, a slight increase from May, thanks to growth across its premium “Nio” brand and lower-priced Onvo and Firefly brands.

Li Auto reported 36,279 vehicle deliveries in June, a 11.2% drop from May, but its total deliveries in the second quarter came in at 111,074 units, better than the company’s lowered guidance of 108,000 cars. The company on Friday cut its second-quarter delivery outlook by more than 15,000 cars, attributing the decline to an upgrade to its sales system.

“Based on our channel checks and analysis, we understand Li Auto has started toprohibit extra rebates [from salespeople sharing their commission with customers] within its sales network since the beginning of June 2025,” Nomura analysts said in a report Sunday. They viewed the automaker’s moves as an effort to limit competition among its salespeople while focusing on improving services and brand recognition.

Most of Li Auto’s models are SUVs that come with a fuel tank, which extends the car’s driving range and addresses one of the biggest consumer concerns about electric vehicles. Li Auto’s monthly deliveries had surpassed 50,000 late last year.

Tesla under pressure

Hong Kong-listed Xiaomi reported deliveries of over 25,000 electric cars in June, a slight decrease from the previous month.

Less than a day after announcing its new YU7 SUV would be 10,000 yuan ($1,400) cheaper than Tesla‘s Model Y, the Chinese smartphone maker said its car received more than 240,000 locked-in orders. Xiaomi claimed the YU7 offered a longer driving range than the Model Y, but acknowledged that Tesla’s assisted-driving system was more advanced.

YU7 SUV deliveries are now slated to take more than half a year, if not much longer, according to Xiaomi’s online ordering portal. The company had initially said deliveries would take one to five weeks.

“We believe a significant portion of new orders may come from scalpers, reflecting expectations of extreme popularity for the new model,” Junheng Li, CEO, head of research, at JL Warren Capital, said in a note Wednesday.

“We estimate [Tesla] Q2 sales in China to be ~128K units, down 12% YoY, pressured by intensifying competition from Chinese brands’ new model launches,” Li said.

Tesla raised its price in China for the Model 3 long-range all-wheel drive by 10,000 yuan, according to its website Tuesday.

As of May, Tesla was the fifth-largest automaker by market share in China’s new energy vehicle segment, which includes battery-only and hybrid-powered cars. The figures from the China Passenger Car Association showed that Tesla’s retail sales in the country for the first five months of the year fell slightly to just over 200,000 vehicles. Figures for June were not available as of Wednesday morning local time.

Leapmotor, which has partnered with Stellantis, the owner of Chrysler and Jeep, for the overseas market, also maintained steady growth in June with record deliveries of 48,006 cars for the month. Aito, which uses Huawei technology for the car’s entertainment and driver-assist system, reported 44,685 car deliveries for last month.

Weekly analysis and insights from Asia’s largest economy in your inbox
Subscribe now

Competing against a giant

BYD remained the market giant, with its passenger car sales edging higher in June to 377,628 vehicles, more than half of which were of battery-only cars. The rest were plug-in hybrid electric cars.

That brought BYD’s passenger car sales for the first half of the year to 2.1 million vehicles.

In contrast, Leapmotor and Li Auto each saw deliveries of more than 200,000 cars in the first half of the year, while Xpeng came just shy of the benchmark at 197,189 vehicle deliveries.

Xiaomi’s deliveries for the first half of the year exceeded 150,000 cars, according to CNBC calculations of publicly available figures.

BYD, Xiaomi, and Geely will be the most likely to survive any chaotic industry consolidation, predicted Michael Dunne, head of advisory at Dunne Insights.

Speaking on CNBC’s “The China Connection,” he added that Nio might be at risk despite having a great product and “doing all the right things” due to their poor finances.

Why this company is called China's Tesla



Source link

Tags: ChinasdeliveryrivalssolidStreakXPeng
ShareTweetShare
Previous Post

Why the Next Cycle in Global Equities Could Belong to Emerging Markets

Next Post

Trump’s tariff pause expires next week. Here’s how well Asian governments have been doing in negotiations with Washington

Related Posts

edit post
Popular investing strategy losing appeal with stocks at record finding

Popular investing strategy losing appeal with stocks at record finding

by TheAdviserMagazine
October 25, 2025
0

Passive investing through exchange-traded funds may be losing its appeal.Tidal Financial Group Chief Revenue Officer Gavin Filmore finds many of...

edit post
Starboard aims to unlock the value of Fluor’s investment in nuclear tech company NuScale

Starboard aims to unlock the value of Fluor’s investment in nuclear tech company NuScale

by TheAdviserMagazine
October 25, 2025
0

Company: Fluor Corp (FLR)Business: Fluor is a holding company that provides engineering, procurement, construction, fabrication and modularization, and project management...

edit post
Meta Platforms to report Q3 earnings on October 29. Here’s what to expect

Meta Platforms to report Q3 earnings on October 29. Here’s what to expect

by TheAdviserMagazine
October 24, 2025
0

When Meta Platforms, Inc. (NASDAQ: META) reports its third-quarter results, investors will be looking for updates on the trajectory of...

edit post
2 of the Best Aldi Finds Available Right Now (While They Last)

2 of the Best Aldi Finds Available Right Now (While They Last)

by TheAdviserMagazine
October 24, 2025
0

Sharkshock / Shutterstock.comLoyal Aldi shoppers know it well — the legendary “Aisle of Shame.” The affectionate nickname is a nod...

edit post
Estee Lauder (EL) Earnings Preview: Sales and earnings anticipated to see a pickup in Q1 2026

Estee Lauder (EL) Earnings Preview: Sales and earnings anticipated to see a pickup in Q1 2026

by TheAdviserMagazine
October 24, 2025
0

Shares of the Estée Lauder Companies Inc. (NYSE: EL) were up over 2% on Friday. The stock has gained 12%...

edit post
What Real Estate Investors Miss About Short-Term Capital

What Real Estate Investors Miss About Short-Term Capital

by TheAdviserMagazine
October 24, 2025
0

In This Article This article is presented by Connect Invest. Many real estate investors obsess over IRR and cap rates,...

Next Post
edit post
Trump’s tariff pause expires next week. Here’s how well Asian governments have been doing in negotiations with Washington

Trump's tariff pause expires next week. Here's how well Asian governments have been doing in negotiations with Washington

edit post
emerging markets: Fixed income favored amid global uncertainty: Freeman picks safety over risk for 2025

emerging markets: Fixed income favored amid global uncertainty: Freeman picks safety over risk for 2025

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Another Violent Outburst – Democrats Inciting Civil Unrest

Another Violent Outburst – Democrats Inciting Civil Unrest

October 24, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
BEL, Solar Industries, PTC to see upside up to 46%, Goldman Sachs says amid Rs 790 billion defence push

BEL, Solar Industries, PTC to see upside up to 46%, Goldman Sachs says amid Rs 790 billion defence push

0
edit post
*HOT* Shark Cyclone Pet Handheld Vacuum only .99 shipped! (Reg. ) {Today Only}

*HOT* Shark Cyclone Pet Handheld Vacuum only $24.99 shipped! (Reg. $70) {Today Only}

0
edit post
Eindhoven-based neurotechnology company ONWARD Medical raises over €50M: Know more

Eindhoven-based neurotechnology company ONWARD Medical raises over €50M: Know more

0
edit post
Risk Lessons From The Louvre

Risk Lessons From The Louvre

0
edit post
Earnings Summary: A snapshot of T-Mobile’s (TMUS) Q3 2025 earnings report

Earnings Summary: A snapshot of T-Mobile’s (TMUS) Q3 2025 earnings report

0
edit post
Churches, Families, and Private Inurement – Houston Tax Attorneys

Churches, Families, and Private Inurement – Houston Tax Attorneys

0
edit post
BEL, Solar Industries, PTC to see upside up to 46%, Goldman Sachs says amid Rs 790 billion defence push

BEL, Solar Industries, PTC to see upside up to 46%, Goldman Sachs says amid Rs 790 billion defence push

October 26, 2025
edit post
‘The Bermuda Triangle of Talent’: 27-year-old Oxford grad turned down McKinsey and Morgan Stanley to find out why Gen Z’s smartest keep selling out

‘The Bermuda Triangle of Talent’: 27-year-old Oxford grad turned down McKinsey and Morgan Stanley to find out why Gen Z’s smartest keep selling out

October 26, 2025
edit post
Yuga Labs Partners With Amazon Games to Launch NFT Game in Otherside

Yuga Labs Partners With Amazon Games to Launch NFT Game in Otherside

October 26, 2025
edit post
Metals on fire: What’s driving the unstoppable rally in copper, aluminium, and zinc

Metals on fire: What’s driving the unstoppable rally in copper, aluminium, and zinc

October 26, 2025
edit post
Coinbase’s x402 Transactions Rise 10,000% in a Month

Coinbase’s x402 Transactions Rise 10,000% in a Month

October 26, 2025
edit post
American Airlines to resume Israel – US flights

American Airlines to resume Israel – US flights

October 26, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • BEL, Solar Industries, PTC to see upside up to 46%, Goldman Sachs says amid Rs 790 billion defence push
  • ‘The Bermuda Triangle of Talent’: 27-year-old Oxford grad turned down McKinsey and Morgan Stanley to find out why Gen Z’s smartest keep selling out
  • Yuga Labs Partners With Amazon Games to Launch NFT Game in Otherside
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.