Xpeng, NIO, Li Auto shrug off Covid-19 lockdowns, production slowdown to post bumper sales in March

//Xpeng, NIO, Li Auto shrug off Covid-19 lockdowns, production slowdown to post bumper sales in March

Xpeng, NIO, Li Auto shrug off Covid-19 lockdowns, production slowdown to post bumper sales in March

China’s three biggest smart-electric carmakers reported bumper deliveries in March after stuttering a month earlier, shrugging off the impact of Covid-19 lockdowns on sales and production, but market observers warned of a bumpy road ahead. Guangzhou-based Xpeng Motors topped its peers, delivering 15,414 cars last month, a 148 per cent increase month on month. Shanghai-headquartered NIO saw sales rise 63 per cent to 9,985 vehicles, while Beijing-based Li Auto delivered 11,034 vehicles, up 31 per…

Article by [author-name] (c) Business - South China Morning Post - Read full story here.

By | 2022-04-01T14:33:39+00:00 April 1st, 2022|Business|Comments Off on Xpeng, NIO, Li Auto shrug off Covid-19 lockdowns, production slowdown to post bumper sales in March