Chinese EV makers Xpeng, Nio January shipments increase from a year ago

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

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A Xpeng P7 electrical vehicle is on screen throughout the 18 th Guangzhou International Automobile Exhibition at China Import and Export Fair Complex on November 20, 2020 in Guangzhou, Guangdong Province of China.

VCG|Visual China Group|Getty Images

Chinese electrical carmakers Nio and Xpeng saw shipments dip in January versus December however were still greater compared to a year back.

Xpeng stated Tuesday it provided 12,922 electrical automobiles in January, a more than 19% dip fromDecember But that still represents a 115% year-on-year increase. It’s the 5th straight month that Xpeng has actually provided over 10,000 systems in a single month. But in November and December, it handled to surpass 15,000 shipments.

As ofJan 31, Xpeng stated cumulative shipments of its electrical automobiles– the P7, P5, G3 and G3i– exceeded 150,000 systems.

Rival Nio stated that it provided 9,652 automobiles in January, up 33.6% year-on-year however below December’s variety of 10,489

As ofJan 31, Nio stated cumulative shipments of its automobiles– the ES8, ES6 and EC6– reached 176,722 joins.

Both Nio and Xpeng have actually been coming to grips with the international chip scarcity which continues to afflict the vehicle market. In a revenues contact July, Xpeng CEO He Xiaopeng stated that the international chip scarcity stays the “biggest production hurdle” for the business.

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Xpeng stated Tuesday that it is “carrying out a technology upgrade” at its factory in Zhaoqing, south China, to benefit from schedule production downtime over the Lunar New Year vacation.

“The upgrade will enable accelerated delivery of the significant order backlog carried over from 2021 as well as allow us to better serve the increasing demand in the new year,” Xpeng stated in a declaration.

China’s electrical lorry gamers have actually likewise been attempting to enhance the semi-autonomous innovation in their automobiles as a method to separate from Tesla and each other.