Xpeng tops over 40,000 monthly deliveries again as its mass market strategy plays out

While astir Chinese electrical conveyance makers person seen ups and downs, Xpeng has built a dilatory and dependable momentum implicit the past 12 months without a azygous diminution this twelvemonth – a uncommon streak successful China's competitory EV market.

Xpeng successful its all-year circular winning streak, delivered 42,013 vehicles. This marks the 2nd clip the startup has topped implicit 40,000 vehicles this year.

The latest 40,000 breakthrough comes aft the release of the Mona series successful precocious August which began deliveries successful September. Xpeng reported its namesake marque and Mona-branded cars successful its monthly full and did not interruption retired planetary and China income figures.

The Mona bid is Xpeng's mass-market marque that carries models specified arsenic the M03 sedan for arsenic small arsenic 119,800 yuan ($16,812) or 155,800 yuan for much precocious assistive features.

Xpeng's dependable rises puts increasing unit connected Elon Musk's Tesla, which saw its deliveries fluctuate amid the crowded EV market.

In the past 3 months alone, Tesla China posted a mixed show with full merchantability numbers hitting 67,886 successful July, 83,192 successful August, and 71,525 successful September, according to information from Passenger Car Association.

While October's wholesale grounds has not been released yet, the income information highlights Tesla's vulnerability to a terms warfare and China's overcrowded EV market.

Among China's apical performers, BYD maintained its pb with 436,856 units delivered successful October, breaking past the 300,000 streak this year. While this marks a caller 2025 record, it is simply a 12.7% alteration successful income from October past year.

This comes amid the EV behemoth's steepest nett diminution of 32.6% year-on-year, according to a connection connected its third-quarter results published past week.

Leapmotor delivered 70,289 units successful October, up 5.5% aft topping 60,000 income for the archetypal clip successful September.

Meanwhile, Huawei-backed Harmony Intelligent Mobility Alliance, which includes brands specified arsenic Aito, Chery, and Maextro, made 70,289 deliveries successful October.

Nio posted 40,397 deliveries successful October, marking maturation crossed each of its brands —the premium "Nio" marque and lower-priced Onvo and Firefly brands. Its flagship marque led the gains, rising from 13,728 to 17,143 units, astir matching Onvo's grounds of 17,342.

Xiaomi meanwhile, maintained its deliveries with over 40,000 units, with the nonstop numbers unspecified. Li Auto recorded 31,767 portion deliveries, astir a 6.4% driblet from the erstwhile month. This diminution comes aft a flimsy rebound past period aft a selling blunder.

Geely-owned Zeekr made the lowest deliveries with 21,423 units which is somewhat supra its 18,257 deliveries recorded successful September.