The content of this article is sourced from 42how and has been translated by ChatGPT
February 1, 2022, Which Coincides With the Lunar New Year’s Day
As people immersed themselves in the entertainment of the Spring Festival holiday, various new power brands took advantage of the festive atmosphere to announce the delivery volume report for January.
Today, the “traditional new power trio” NIO, Xpeng, and Li Auto, as well as the new rising stars JiKe, NIOdaya, and Leap Motor, have released their delivery volume data for January.
| Brand | January | Total |
| — | — | — |
| Xpeng | 12,922 | >150,000 |
| Li Auto | 12,268 | 136,356 |
| NIOdaya | 11,009 | Not Announced |
| NIO | 9,652 | 176,722 |
| Leap Motor | 8,085 | Not Announced |
| JiKe | 3,530 | 9,537 |
Ranked by the January delivery volume data, let’s take a closer look at the delivery volumes of each of these brands.
1. Xpeng
Xpeng Motors delivered 12,922 vehicles in January. This was the fifth consecutive month of more than 10,000 deliveries, which represents a 115% year-over-year increase. Compared with the delivery volume of 16,000 vehicles in December last year, the January figure declined slightly.
The specific delivery performance of each model is as follows:
- Xpeng P7 delivered 6,707 vehicles;
- Xpeng P5 delivered 4,029 vehicles;
- Xpeng G3 series delivered 2,186 vehicles.
As of the end of January 2022, Xpeng P7’s historical cumulative deliveries have exceeded 80,000 units, and the historical cumulative delivery volume of Xpeng Motors has exceeded 150,000 units.
Additionally, Xpeng will carry out a technical transformation of the Zhaoqing base during the Spring Festival shutdown period from the end of January to the beginning of February 2022. After the transformation is completed, the backlog of orders is expected to accelerate delivery.
2. Li Auto
In January 2022, Li Auto delivered 12,268 vehicles, a YoY increase of 128.1% but a slight decrease from the previous month in December. The Li Auto ONE has been delivering more than 10,000 vehicles per month for three consecutive months since November 2021, and the cumulative delivery of Li Auto ONE has reached 136,356 vehicles to date.
In terms of new products, Li Auto will launch a new flagship model with the code name X01 in Q2 this year. It is estimated that the expected delivery volume for 2022 can achieve a year-over-year growth of more than 50%.### 3. NIO
In January, NIO delivered 11,009 vehicles, a year-on-year increase of 402%, and the single-month sales volume broke 10,000 for three consecutive months, which can be considered as a good start to the year. In the period from January to December last year, NIO delivered a total of 69,674 vehicles. Currently, NIO’s vehicles on sale are priced below 2 million yuan, and a new model of electric sports sedan, NIO S, will be launched this year.
4. Li Auto
In January, Li Auto delivered a total of 9,652 vehicles, a year-on-year increase of 33.6%, a slight decrease from the 10,489 vehicles delivered in December last year. The delivery volume of each model is as follows:
- ES8: 1,531 vehicles;
- ES6: 5,247 vehicles;
- EC6: 2,874 vehicles.
As of the end of January 2022, Li Auto has delivered a total of 176,722 new vehicles.
With regard to new models, Li Auto will launch three new vehicles this year, including ET7 and ET5 which have been announced, as well as ES7 which is still under wraps. ET7 will begin delivery at the end of March, ET5 in the third quarter, and ES7 is likely to be released around the same time as ET5.
After the launch of these three new models, it is believed that Li Auto’s sales performance in 2022 will take another step forward.
5. Leapmotor
In January, Leapmotor delivered 8,085 vehicles, exceeding the 7,807 vehicles delivered in December last year, and a year-on-year increase of 434%. As of January, Leapmotor has achieved a year-over-year growth rate of more than 200% for ten consecutive months, showing impressive performance.
In 2021, Leapmotor T03 achieved a total delivery of 38,463 units for the entire year, and Leapmotor C11 started delivery in October last year, achieving a total of 4,021 deliveries in 2021. As C11 gradually increases in delivery volume, Leapmotor’s future delivery volume growth remains promising.
6. Xpeng
Currently, Jidu Auto only has one model for sale. In January, Jidu Auto delivered a total of 3,530 units of its Jidu 001 model, a slight decrease from December 2021’s 3,796 units. Given the large backlog of orders, this delivery volume is not ideal. Since deliveries began in October 2021, Jidu Auto has delivered a total of 9,537 units, approaching the 10,000 mark.
Overall, the delivery performance of those companies that have announced their figures is considered satisfactory. January is a special time period, where many carmakers have seen year-on-year growth but a month-on-month decline in delivery volumes due to the impact of the reduction in new energy subsidies in 2022 and the upcoming Chinese New Year holiday. Many companies delivered fewer vehicles in January than they did in December of last year. It is expected that the Chinese New Year holiday will also have a significant impact on delivery volumes in February.
In terms of delivery volumes among brands, the competition among the top few brands is becoming increasingly fierce. XPeng and Li Auto’s delivery volumes are neck-and-neck, both exceeding 12,000 units; NIO delivered slightly less than in December and may not hit the threshold of 10,000 units; Leap Motor delivered more than 8,000 units in January and shows promise for the future. As new models are introduced, these five brands are expected to maintain or increase their monthly delivery volume to more than 10,000 units.