Chinese electric car company Xpeng delivered more than 30,000 cars for a fourth straight month in February, amid tepid growth in the market.Chinese electric car company Xpeng delivered more than 30,000 cars for a fourth straight month in February, amid tepid growth in the market.
Chinese electric car company Xpeng
Xpeng delivered 30,453 cars last month, including more than 15,000 units of its lower-priced Mona vehicle, the company said over the weekend.
Deliveries of the Mona M03, which include a basic driver-assist system, have topped 15,000 a month since December, according to company figures. Xpeng also said strong demand for driver-assist propelled deliveries of its P7+ electric sedan to more than 30,000 less than three months since its launch in November.
Looking ahead, Xpeng’s planned new vehicles also give the company “a good chance to extend its solid delivery momentum,” Nomura analysts said in a Sunday note.
The January to February period tends to be seasonally soft for Chinese car sales since it coincides with the week-long Lunar New Year, the country’s biggest holiday of the year. The local auto market remains highly competitive as traditional automakers and new entrants have rushed to cut prices and launch vehicles with new tech features.
Chinese smartphone company Xiaomi
The SU7’s “new order situation is even better than actual sales,“ Nomura analysts said, citing its own industry survey. That means the only challenge for Xiaomi is its ability to produce enough cars, the analysts said.
Figures on Tesla
Industry giant BYDrolling out driver-assist across a range of its cars and integrating artificial intelligence from DeepSeek.
Geely-owned Zeekr
EV brands that struggled in February
However, deliveries of several other major Chinese electric car brands declined over that time.
Nioa five-year, 0% interest plan on Feb. 1 in a bid to boost sales.
Aito, the Seres
