Chinese XPeng supports its firm delivery series against competitors

The Chinese Electrical Company XPeng reflects its Mass-Market Mona M03 compartment in Guangzhou, China, August 26, 2024.

CNBC | Chen Els

Beijing – Chinese launch of electric cars XPeng Keeps the impulse of sales against its competitors, even when byd is expanding on its market dominance amid a fierce price war in China.

XPENG stated that on Tuesday he put 34 611 cars in June, his eighth scary moon Delivery over 30,000 cars.

The stock in New York grew more than 2%. XPENG did not specify what part of the supplies was for its cars with the advanced drivers or for the Mona brand with a low price.

A price war in Chinese electric cars only is enhanced in recent weeksCalling government criticism for “involution” or excessive, unproductive competition. Chinese President Xi Jinping on Tuesday also headed a meeting with the high -level financial and economic commission called More control of “low price, fine competition”, According to the translation of CNBC Chinese state media.

Mixed results for competitors

The stars in the XPeng list, which focus on the more premium segment of the Chinese automotive market, saw a more modest sales impetus.

Gels with support Zeekr 16 702 car deliveries in June are reported, which is 11.7% compared to the previous month and 16.9% per year.

Nio In June, 24 925 cars were reported, a slight growth compared to May, thanks to its Nio Prize and Brands with low onvo and Firefly.

Li Auto reports 36 279 vehicle delivery in Juneby 11.2% drop from May, but total supplies in the second quarter came in 111 074 units, better than in the company A reduced guide of 108,000 cars. Company on Friday Cut the Shipping Perspective in the second quarter More than 15,000 cars attributing a decrease in the modernization of their sales system.

‘Based on the check and analysis of the channel, we understand that Li Auto started
Discover additional discounts (from sellers sharing their customer commission) in their sales network since the beginning of June 2025, “Nomura analysts said on Sunday.

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Most li Auto models are SUVs supplied with a fuel tank that expands the car range and solves one of the biggest consumer problems about electric cars. Monthly deliveries Li Auto exceeded 50,000 at the end of last year.

Tesla under pressure

Hong Kong is listed Xiaomi In June, more than 25,000 electric cars were reported, which is a slight decrease compared to the previous month.

Less than a day after the announcement of the new SUV yu7 will 10 000 yuan (1400 dollars) cheaper than TeslaThe Chinese smartphone manufacturer said his machine received more than 240,000 blocked orders. Xiaomi claimed that Y7 suggested a longer range of motion than the Model Y, but acknowledged that the Tesla management system was more advanced.

According to the Internet portal “Portal” Xiaomi, which plan supplies of SUVs, which take more than six months, if not much longer, if not much longer. Initially, the company stated that supplies would be required from one to five weeks.

“We believe that a considerable part of the new orders can come from the scalpers, which reflects the expectations of extraordinary popularity for the new model,” Junheng Li, CEO of JL Warren Capital, said in a note on Wednesday.

“We evaluate (TESLA) Sales of Q2 in China make up ~ 128k units, which is 12%, exerting a new model of Chinese brands,” Lee said.

Tesla raised the price in China for a 3-wheel drive model by 10,000 yuan, according to its site on Tuesday.

As of May, Tesla became the fifth largest market in the new segment of Chinese energy vehicles, which includes only battery and hybrid cars. Figures from Chinese Car Association showed that retail sales in the country in the first five months of the year a little fell on a little over 200,000 vehicles. The figures for June were unavailable as of Wednesday morning local time.

Jumpwho collaborates with stelontis, owners of Chrysler and Jeep, in the foreign market, also supported permanent growth in June with Write down supplies 48 006 cars For a month. AITO that uses Huawei technology for fun and car assistance, reports 44 685 vehicles Over the past month.

Competing against the giant

Bake remained a market giant with its In June the volume of passenger cars in June above Up to 377 628 vehicles, more than half of which were only with batteries. The rest were hybrid electric cars.

This brought the sale of Byd cars for the first half of the year to 2.1 million cars.

Unlike this, in the first half of the year that threw, and Li Auto each saw supplies of more than 200,000 cars, while XPENG was just ashamed of the 197 189 supplies.

According to CNBC estimates on public numbers, the Xiaomi supplies for the first half of the year exceeded 150,000 cars.

Baid, Xiaomi and Geely will be the most likely to survive any consolidation of the chaotic industry, predicted Michael Dan, the head of the Dunne Insights.

Speaking on CNBC’s “Chinese connection”, he added that Nio may be at risk, even though there is a great product and “do everything right” with their bad finances.

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