EV Headwinds: Nio and Xpeng Volumes Retreat Sequentially as Li Auto Delivery Crisis Persists
Li Auto reported its sixth consecutive delivery contraction. Nio's deliveries fell 10.20% MoM, and Xpeng's dropped 12.58% MoM.
Li Auto reported its sixth consecutive delivery contraction. Nio's deliveries fell 10.20% MoM, and Xpeng's dropped 12.58% MoM.
XPeng's cautious Q4 outlook signals challenges ahead despite record deliveries, as China's electric vehicle price war intensifies and competition heats up.
Xpeng shares surged after unveiling its next-gen 'Iron' humanoid robot and plans for three AI robotaxi models in 2026.
XPeng plans to roll out three self-developed robotaxi models next year using its own chips, software, and hardware, marking a first for a Chinese automaker.