Chinese EV Makers Report Record May Deliveries

Nio, XPeng, and Li Auto achieve significant growth, defying industry challenges and intensifying competition with Tesla.

Nio delivered 20,544 vehicles in May, marking a 233.8% year-over-year increase.
Li Auto led with 35,020 units delivered, including a strong debut for the Li L6 model.
XPeng maintained its top position in the all-electric MPV and three-row model segments with 10,146 units sold.
Nio's cumulative deliveries reached 515,811 by the end of May 2024.
Tesla continues to face stiff competition in China, struggling to maintain its sales momentum.