Chinese electric vehicle companies Zeekr and Nio report record June deliveries | Wilnesh News

Beijing – China Electric Vehicle Company Zekel General Motors said on Monday that vehicle deliveries hit a record high in June, giving it the most deliveries in the first half of the year among U.S.-listed Chinese companies selling only pure electric vehicles.

auspiciousIts Zeekr unit delivered 20,106 vehicles last month, bringing year-to-date deliveries to 87,870 vehicles.

This is better than NiohDeliveries in the first six months of 2024 are at 87,426 vehicles, although Nio continues to recover from its sluggish performance earlier in the year, with deliveries reaching a record 21,209 units in June.

Xpeng Motors Still lagging behind, a total of 52,028 vehicles were delivered in the first six months of the year, including 10,668 vehicles in June.

When including hybrid vehicles, ideal car Still in the lead so far. 47,774 vehicles were delivered in June, and a total of 188,981 vehicles were delivered in the first half of the year. Most of the company’s cars come with fuel tanks to extend the battery’s range.

Zeekr’s shares fell 3.2% in U.S. trading overnight, while Li Auto and NIO both rose more than 6%. Xpeng Motors shares rose nearly 5.2%.

The Aito brand, which Huawei developed with carmaker Seres, also offers hybrids and delivered 184,286 vehicles in the first six months of this year.

Smartphone and home appliance companies Millet The company said it had delivered more than 10,000 vehicles in June, taking total deliveries to more than 25,000 since the launch of the electric SU7 at the end of March.

BYD In the first half of the year, 1.6 million new energy passenger vehicles were delivered, an increase of nearly 29% compared with last year. The share of plug-in hybrid vehicles is slightly higher than that of pure electric vehicles, and the growth rate is faster, at 39.5%, while that of pure battery vehicles is 17.7%.

This reflects how much of China’s new energy vehicle sales are driven by hybrids rather than purely battery-powered vehicles, as range anxiety remains a top concern for Chinese consumers.

Wan Gang, known as the leader of China’s electric vehicle strategy, said at a conference last week that car companies need to improve their battery charging processes.

According to statistics, new energy vehicle sales in China have accounted for 47% of passenger car sales this year. Data from China Passenger Car Association, which provides mid-month data for the previous month. This is an increase from the 32% penetration rate at the beginning of the year.

As part of a drive to boost consumption, China launched a trade-in policy this year to encourage sales of new energy vehicles. Many companies also slashed prices to stay competitive and launched new cars at the Beijing Auto Show, which ended on May 5.