XPENG & NIO Sales Soar to Record Highs in December

Join daily news updates from CleanTechnica on e mail. Or follow us on Google News!

XPENG and NIO ended the yr with a bang. They each set new month-to-month gross sales data in December.

XPENG Gross sales Figures

XPENG rose to 36,695 deliveries in December, which was a whopping 82% improve over December 2023. That additionally meant the corporate ended the 4th quarter with 91,507 deliveries, a 52% improve over the 4th quarter of 2023. The December whole was additionally a 19%

In 2024 as an entire, XPENG had 190,068 gross sales, which was a 34% improve yr over yr.

The corporate’s two latest fashions, the MONA M03 and the P7+, are the massive drivers of XPENG’s development now. The MONA M03 had greater than 15,000 gross sales in December and the P7+ had greater than 10,000 gross sales. “For the fourth consecutive month since its launch, deliveries of XPENG MONA M03 exceeded 10,000 units. The MONA M03 achieved its 50,000th vehicle production milestone in just four months since its launch, setting a new record for XPENG’s fastest production rollout and continuing to break delivery records for pure electric vehicle production among emerging automakers in China.”

Briefly, XPENG had a formidable month, and quarter. Should you extrapolated out to 12 months, December’s supply whole would imply 440,340 annual gross sales. After all, December is a giant month and the Chinese language New Yr (developing) depresses gross sales. So, we’ll simply see the place issues go and see if XPENG can develop so impressively once more in 2025.

NIO Gross sales Figures

As for NIO, it had 31,138 gross sales in December, a 72.9% improve over December 2023. Which means its 4th quarter whole got here to 72,689 gross sales, a forty five.2% improve over the 4th quarter of 2023. These figures is probably not nearly as good as XPENG’s, however they’re extraordinarily sturdy development figures that any firm could be proud to share.

In 2024 as an entire, NIO had 221,970 gross sales (the metric the place NIO lastly beats XPENG), which was a 38.7% improve yr over yr (once more, a barely greater development charge than XPENG had).

NIO’s huge enhance in 2024 got here from its new ONVO model. 20,610 of the corporate’s December gross sales got here from its NIO model, whereas ONVO boosted that with 10,528 gross sales.

Cumulatively, NIO has now reached 671,564 gross sales. Should you extrapolate its 31,138 deliveries in December throughout 12 months, that will be 373,656 annual gross sales. In different phrases, that will improve NIO’s cumulative whole by greater than 50% and would deliver the corporate solidly over 1 million gross sales. Let’s see if NIO can obtain that notable feat in 2025.