Li Auto Beats XPeng, Nio in July Deliveries

China-basically basically based totally electric automobile (EV) makers Nio Inc. (NYSE: NIO), XPeng Inc. (NYSE: XPEV) and Li Auto Inc. (NASDAQ: LI) on Monday reported automobile offer totals for July and for the year to date. Two of the three reported accurate positive aspects; the third, no longer so unparalleled.

Li Auto reported total gross sales for July of 8,589 vehicles, which used to be up extra than 11% month over month and about 251% year over year. For the year to date, the EV maker has delivered 38,743 objects. The corporate delivered 2,445 objects in July of 2020 and had delivered 12,211 for the first seven months of the year.

XPeng delivered 8,040 vehicles in July, up 22% month over month and 228% year over year. For the year to date, XPeng has delivered 38,778 vehicles, 388% extra year over year.

Nio reported July gross sales of seven,931 vehicles, a tumble of two% month over month however a upward thrust of 116% year over year. For the first seven months of this year, the corporate has delivered 125,528 objects, which is up from 17,702 deliveries in the same period a year ago.

Since XPeng got right here public in dreary August of 2020, Nio’s part trace has elevated by about 125%, XPeng’s stock has risen by 91% and Li Auto’s shares are up extra than 72%. For the year to date, nonetheless, every Nio and XPeng maintain viewed their shares dip, by 8.3% and 5.4%, respectively. Li Auto’s shares are up almost about 16% in the same period.

Shortly after Monday’s opening bell, XPeng’s stock traded up about 4.6%, at $42.40 in a 52-week fluctuate of $17.11 to $74.49. The reasonable each day Trading quantity is 16.1 million shares.

Li Auto stock traded up 3.2% to $34.48, in a $52-week fluctuate of $14.31 to $47.70. The reasonable each day Trading quantity for the stock is gorgeous over 15 million shares.

Nio stock traded at $44.7, or no longer up to 1% elevated, in a 52-week fluctuate of $12.46 to $66.99. Nio’s stock trades an reasonable of virtually about 65 million shares each day.

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