Chinese electric vehicle maker NIO outpaced XPeng in May electric vehicle deliveries, according to latest monthly sales reports.
NIO delivered 20,544 vehicles in May 2024, representing a substantial increase of 233.8% year-over-year. The deliveries consisted of 12,164 premium smart electric SUVs, and 8,380 premium smart electric sedans.
Cumulative deliveries of NIO vehicles reached 515,811 as of May 31, 2024.
In May 2024, NIO further expanded its strategic cooperation on battery swapping by partnering with GAC Group and FAW Group, adding to a growing list of strategic partnerships that include its existing collaboration with Changan Automobile, Geely Group, JAC Group, Chery Automobile, and Lotus Technology. NIO is committed to establishing a rapidly evolving battery swapping ecosystem, and providing efficient and convenient recharging experiences for its users.
XPeng delivered 10,146 Smart EVs in May, representing a 35% increase year-over-year and an 8% increase over the prior month. The XPeng X9 notably achieved monthly deliveries of 1,625 units, reaching a cumulative total of 11,456 units, and has continuously held its top-selling position in both the all-electric MPV and three-row model segments in China since its launch.
Year-to-date, XPeng has delivered 41,360 Smart EVs, representing a 26% increase year-over-year.
