How Do 2024 Vehicle Deliveries for NIO, LI and XPEV Compare? [Yahoo! Finance]
Li Auto Inc. - American Depositary Shares (LI)
Company Research
Source: Yahoo! Finance
XPEV and Li Auto LI provided delivery updates for the fourth quarter and full-year 2024. All three companies registered more than 30% year-over-year growth in deliveries for full-year 2024. Li Auto delivered 500,508 vehicles last year, up 33% from 2023 levels. With over 500,000 annual vehicle deliveries within just five years of the company's first delivery, LI has set a new benchmark as the fastest-growing premium auto brand in the Chinese market. NIO and XPeng delivered 221,970 and 190,068 units in 2024, indicating an uptick of 30.7% and 34%, respectively. Let's look at fourth-quarter 2024 and December delivery count of these automakers. NIO's vehicle delivery surged 73% year over year to 31,138 vehicles in December. The deliveries included 20,610 vehicles from the NIO brand and 10,528 units from the ONVO brand. For the fourth quarter of 2024, NIO delivered 72,689 units, up 45% on a yearly basis. With that, NIO logged a new monthly and quarterly record in vehicle deliveries. T
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LI
Sec Filings
- 1/2/25 - Form 6-K
- 12/16/24 - Form 6-K
- 12/9/24 - Form 144
- LI's page on the SEC website