Tesla Rivals Li Auto, XPeng Clock Record September Deliveries, End Q3 On A Strong Note
Tesla Rivals Li Auto, XPeng Clock Record September Deliveries, End Q3 On A Strong Note
"With the penetration rate of new energy vehicles surpassing 50%, the dominance of leading brands has become more pronounced. Since the beginning of the third quarter, the top three brands have captured over 50% of RMB200,000 and above NEV market," Chinese electric vehicle startups $Li Auto (LI.US)$ and $XPeng (XPEV.US)$ reported September deliveries, registering gains on both year-over-year and month-over-month basis. The report comes a day ahead of bigger rival $Tesla (TSLA.US)$ is set to announce its global deliveries update.
中国的新能源汽车初创企业 $理想汽车 (LI.US)$和页面。$小鹏汽车 (XPEV.US)$ 报告显示，9月份交付量同比和环比均实现增长。这份报告发布的前一天，更大的竞争对手 $特斯拉 (TSLA.US)$ 准备公布其全球交付数据更新。
Li Auto: Beijing-based Li Auto said it sold 53,709 EVs in September and this marked a 48.9% increase from a year ago. On a month-over-month basis, sales climbed 11.61%.
理想汽车：总部位于北京的理想汽车表示，9月销量为53709辆新能源汽车，较去年同期增长48.9%。环比增长11.61%。
Third-quarter deliveries totaled 152,831 units compared to the 145,000-155,000-unit the company guided to in late August.
第三季度交付量为152,831辆，相比公司在八月底指导的145,000-155,000辆。
"With the penetration rate of new energy vehicles surpassing 50%, the dominance of leading brands has become more pronounced. Since the beginning of the third quarter, the top three brands have captured over 50% of RMB200,000 and above NEV market," Xiang Li, chairman and CEO, said in a statement.
“随着新能源车辆渗透率超过50％，领先品牌的地位变得更加显著。自第三季度初以来，前三大品牌已占领了人民币20万及以上新能源车市场的50％以上，”董事长兼首席执行官项力在一份声明中表示。
Li Aiuto said order intake for Li L series and Li MEGA has seen a steady increase, leading to record deliveries in September. The company also expects to achieve the milestone of manufacturing and delivering its one-millionth vehicle in October.
理想汽车表示，Li L系列和Li MEGA的订单量稳步增长，导致九月交付量创纪录增长。公司还预计将在十月实现制造并交付第一百万辆车的里程碑。
XPeng: XPeng delivered 21,352 EVs in September, a 39% year-over-year growth and a 52.12% month-over-month. The company said the first month deliveries of its XPeng Mona M03, an affordable electric sedan launched in late August, topped 10,000 units.
小鹏汽车：小鹏汽车在九月交付了21,352辆电动车，同比增长39％，环比增长52.12％。公司表示，其小鹏Mona M03的首个月交付量突破了1万台，这是一款实惠的电动轿车，于八月底推出。
For the third quarter, the Guangzhou-based EV maker reported deliveries of 46,533 units, marking a 16% year-over-year increase. This exceeded the company's guidance of 41,000 and 45,000 units.
对于第三季度，总部位于广州的电动汽车制造商报告交付了46,533辆车，同比增长16％。这超出了公司对41,000至45,000辆的预期。
XPeng said following the successful launch events in Madrid and Lisbon in September, XPENG officially introduced the G9, G6, and P7 models to the Spanish and Portuguese markets.
小鹏汽车表示，在九月的马德里和里斯本成功举办推出活动后，小鹏正式向西班牙和葡萄牙市场推出了G9、G6和P7车型。
Looking ahead, the company expects to unveil XPENG P7+, positioned as an AI-defined car, in October.
展望未来，公司计划于十月推出定位为人工智能定义车辆的小鹏P7+。
XPeng said it will showcase its state-of-the-art AI technologies and applications and its new model lineup at the 2024 Paris Motor Show from October 14 to 21.
小鹏汽车表示，将于2024年10月14日至21日在巴黎车展上展示其尖端人工智能技术和应用以及新车型阵容。
Why It's Important: The Chinese EV market has seen intensifying rivalry, with companies undercutting competition and also rolling out new models to cater to different segments of the market. To make matters worse, weakening economic fundamentals hurt demand.
为什么重要: 中国的电动车市场竞争日益激烈，公司相互竞争压低价格，并推出新车型以迎合市场不同领域。更糟糕的是，经济基本面的疲弱损害了需求。
All this could be a thing of the past as China has shown intent to revitalize the domestic economy by pouring in copious stimuli.
所有这些可能成为过去，因为中国已表现出通过大量刺激来振兴国内经济的意图。
Li Auto's U.S.-listed ADRs closed Monday's session down 0.50% at $25.65, according to Benzinga Pro data. Xpeng ADRs closed down 4.25% at $12.18.
理想汽车的美国上市ADR周一收盘下跌0.50%，报25.65美元，据贝宁扎Pro数据显示。小鹏汽车ADR收盘下跌4.25%，报12.18美元。
