Xpeng outsells Li Auto in January to become top seller among EV startups

Automotive News02-06

Xpeng dethroned Li Auto as China’s largest electrified vehicle startup in January, with sales surging 268 percent from a year earlier to 30,350 on demand for its two newest models. The Mona M03, a ...

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It went on sale Nov. 7.\nXpeng’s China sales have now topped 30,000 three straight months.\nRELATED ARTICLE: Chinese EV maker Xpeng to break even in 2025, president says\nLi Auto, the top seller among EV startups in December, saw its January deliveries dip 4 percent year over year to 29,927. The decline reflects the timing of the Lunar New Year holiday, which began Jan. 28. Last year, it started Feb. 10.\nDespite fewer working days compared with the same month last year, two other major Chinese EV startups ― Leapmotor and Nio ― racked up impressive sales growth in January.\nLeapmotor’s deliveries soared 105 percent from a year earlier to 25,180 last month while Nio sales jumped 38 percent to 13,863.\nDecember sales totaled 58,513 at Li Auto, 42,517 at Leapmotor, 36,695 at Xpeng and 31,138 at Nio.\nIn 2024, the four largest EV startups were Li Auto, with sales of 500,508; Leapmotor, with 293,724 deliveries; Nio, with sales of 221,970; and Xpeng, with 190,068 deliveries.\nLi Auto posted a profit for the first time in the first quarter of 2023 and Leapmotor became profitable in the fourth quarter of 2024.\nXpeng and Nio have yet to break even.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2509231915"}