According to the hiTech News Agancy Nio and xpeng saw deliveries of their electric cars drip in princely due to the global semiconductor shortage while antagonist li auto managed to augment disembowel growth.
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technio and xpeng deliveries decline in princely as chip shortage hits china's electric carmakerspublished thu, sep 2 20211: 43 am edtupdated thu, sep 2 20213: 16 am edtarjun kharpal@arjunkharpalshareshare clause via facebookshare clause via twittershare clause via linkedinshare clause via emailkey pointsnio delivered 5,880 vehicles in august, down from 7,931 cars in july with the aggregation blaming ˮuncertainty and volatility of semiconductor supplyˮ as the global chip shortage continues.xpeng said it delivered 7,214 vehicles in august, down from 8,040 in july as it transitioned manufacturing at single of its factories.li auto meanwhile said in princely it delivered 9,433 units of its li single car, the merely design it has on the market. that's up 9.8% from july.
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guangzhou, china — nio and xpeng deliveries dropped in princely as the chip shortage and accoutre chain constraints chance the chinese electric vehicle makers.
li auto was the merely aggregation disembowel of the three to register month-on-month growth.
nio delivered 5,880 vehicles in august, down from 7,931 cars in july. the aggregation likewise scarify its third-quarter delivery providence on wednesday from between 23,000 to 25,000 vehicles to between 22,500 to 23,500 units. nio blamed the ˮuncertainty and volatility of semiconductor supplyˮ as the global chip shortage continues.
nio said, however, novel orders reached an all-time tall in princely. the company's shares closed 0.59% abate in the u.s. on wednesday.
xpeng said it delivered 7,214 vehicles in august, down from 8,040 in july. xpeng's hong kong-listed shares barbarous 5% in thursday commerce.
during the month, the aggregation began to transition evolution for its g3 sports advantage vehicle to the g3i, an updated account of the car, at its factory in zhaoqing, south china.
ˮas a result, some planned deliveries of the g3 were finical in princely. the aggregation expects to begin deliveries of the g3i to begin in september,ˮ xpeng said.
in an earnings denominate abide month, xpeng ceo he xiaopeng said that accoutre chain challenges approve the semiconductor shortage abide the ˮbiggest evolution hurdleˮ for the aggregation.
the ceo likewise said he expects monthly delivery body could attain 15,000 in the fourth quarter, which would continue more than fold august's number.
meanwhile, li auto said in princely it delivered 9,433 units of its li single car, the merely design it has on the market. that's up 9.8% from july.
the hong kong-listed shares of li auto were down 2% in afternoon commerce on thursday.
as of aug. 31, nio had delivered 55,767 cars, xpeng had delivered 45,992 vehicles, and li auto had delivered 48,176 units.
the global chip shortage continues to chance automakers. tesla ceo elon musk said that the aggregation would continue delaying deliveries of its novel roadster until 2023.
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