China's NEV Manufacturers' August Delivery Figures: Leapmotor Exceeds 100,000 Units Again, Retaining Sales Crown; XPeng and Li Auto Overtake NIO; Luxeed Sees Year-on-Year Decline
Leapmotor delivered 103,129 vehicles globally in August, a year-on-year increase of 80.7%, marking the second consecutive month of exceeding 100,000 deliveries and retaining its position as the top-selling new energy vehicle startup. The company achieved a net profit of 210 million yuan in the first half of the year, marking three consecutive half-year periods of profitability. XPeng delivered 39,107 vehicles in August, up 4% year-on-year; Li Auto delivered 37,679 vehicles, up 32% year-on-year, with both surpassing NIO. NIO delivered 35,836 vehicles in August, a year-on-year increase of 14.5%, dropping to fifth place. Its Q2 revenue and Q3 delivery guidance both fell below market expectations, leading to an approximate 5% drop in its stock price. Harmony Intelligent Mobility Alliance delivered 42,101 vehicles in August, a year-on-year decrease of 5.6%, making it the only brand in the leading group to experience a year-on-year decline. Additionally, Zeekr delivered 36,981 vehicles in August, a year-on-year increase of 109.8%, setting a new historical high. Xiaomi Auto's deliveries exceeded 30,000 units, marking the fifth consecutive month above 30,000. BYD sold 440,293 new energy vehicles in August, a year-on-year increase of approximately 17.8%.
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