Tesla Rivals Report September Sales. 经济不好没有遥遥领先还增长Why Y？

Tesla rivals in China Nio (NIO), Li Auto (LI) and XPeng (XPEV) reported EV deliveries Sunday, with Li Auto once taking the lead. XPeng stock jumped above a key level Friday.

 

Li Auto Sales

Li Auto led the way again, delivering 36,060 vehicles in September, the sixth straight monthly record and up 213% vs. a year earlier. Third-quarter deliveries totaled 105,108, above Li's guidance for 100,000-103,000.

Li touts strong sales of the L7, Li L8, and Li L9. Those are all new, premium, hybrid-electric SUVs. All three topped 10,000 deliveries once again.

Its first all-electric vehicle, the Mega, is in the works.

Shares rallied 3.2% in Friday's stock market trading, closing at 35.65. Year to date, Li stock is up more than 74%. Li Auto tumbled last week amid reports of sizable discounts due to greater competition, including from Huawei-backed Aito.

Nio EV Sales

Nio delivered 15,642 vehicles in September, up 44% vs. a year earlier but down from 19,329 in August and July's 20,462.

Q3 deliveries totaled 55,432. That was near the low end of its range for 55,000-57,000.

September deliveries included 11,504 SUVs and 4,137 sedans, with no specific figures for its eight models.

Analysts have high hopes for the new ES6, a totally overhauled version of Nio's top-selling electric SUV.

In September, Nio also launched its first smartphone and unveiled its first chip developed in-house.

Nio shares gained 1.5% on Friday, but remain well below the 50- and 200-day lines. Year to date, Nio stock is down more than 7%. Shares have lost nearly half their value from the Aug. 4 high of 16.18.

Nio, a loss-making Chinese EV startup, and German car giant Mercedes-Benz (MBGAF) held talks earlier this year about a technology and investment deal, sources told Reuters Thursday. But Nio denied the talks.

XPeng Sales

XPeng delivered 15,310 EVs in September, 81% vs. a year earlier and up from 13,690 in August and 11,008 in July. In fact, September was the eighth straight month-to-month gain, and XPeng's second-highest monthly total ever.

The G6 crossover, a Tesla Model Y rival, had 8,132 deliveries, some 53% of the total.

Q3 deliveries hit 40,008, right in the middle of its target for 39,000-41,000.

Shares of XPeng surged 6.6% on Friday, regaining the 50-day line and arguably offering a very aggressive entry Year to date, XPeng stock is up nearly 85%.