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Nio, Li Auto July electric car deliveries jump, shares rise

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Xpeng said it delivered 11,524 in July, a rise versus the same time last year, but slipping from June’s figure. Xpeng had the highest deliveries out of its closest rivals Nio and Li Auto in July. Xpeng said it will begin accepting reservations for its new G9 SUV in August 2022.

Chen Dongqiu | Visual China Group | Getty Images

Shares of Chinese electric vehicle startups Nio and Li Auto jumped in the U.S. Monday after the companies posted a rise in July car deliveries.

Nio said it delivered 10,052 vehicles in July, up 26.7%% year-on-year, but down from June’s figure of almost 13,000 deliveries.

Li Auto meanwhile said it delivered 10,422 of its Li ONE sports utility vehicle in July, up 21.3%…



Source cnbc.com

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