Leapmotor and Aito report record high deliveries in May amid price war

Chinese electric carners Leapmotor And Aito reported record deliveries in May, while other startups have trouble catching up as the price war is intensifying.

Stelllantis-dard Leapmotor delivered a record of 45,067 vehicles In May, reflecting an annual growth of 148%. On May 15, the automaker launched an updated version of its C10 model, a medium -sized SUV, which sold from 122,800 yuan ($ 17,045). Leapmotor said More than 13,000 C10 units were delivered in May.

And Sunday, Beings-Deporte Aito announced on social networks that he had delivered 44,454 vehiclesDefine a new recording. The automaker, who uses Huawei Tech, May 30 officially launched the Maextro S800An ultra-luxury sedan, with a starting price of 708,000 yuan.

Industry giant Byd held its bastion in industry, with 376,930 cars sold in May. Total car sales in May increased by 14.1% increase from year to year, based on CNBC calculations of figures accessible to the public.

The car manufacturer on May 23 has reduced prices on 22 models, which lowered the price of its Seagull tailgate by 20% to 55,800 yuan, causing Shares of Chinese car manufacturers to slip.

The mastodonte EV was recently examined by allegations according to which he had put pressure on Jinan Qiansheng, one of the dealers of Byd in the eastern province of Shandong, on cash flows. Byd refuted complaints in a declaration to the Chinese media.

THE Intensification of the price war has also aroused fears of an upcoming “Evergrande” – the former real estate giant of China, who By default on its debt in 2021.

Xpeng May deliveries plunged to 33,525 vehicles Since 35,045 vehicles The previous month. But the company reported an annual growth of 230% and maintained its delivery sequence of more than 30,000 vehicles for the seventh consecutive month.

The car manufacturer on May 28 officially launched the Mona M03 Max models and moreComing from 129,800 yuan and 119,800 yuan, respectively.

Xiaomi book more than 28,000 Vehicles in May, reflecting its performance last month.

The smartphone company on May 22 teased a new luxury SUV model Yu7which should be officially launched in July.

However, other startups have experienced modest growth in deliveries.

Car book 40,856 vehicles in Mayrepresenting an increase from one year to the next of 16.7%, while Geely Zeekr book 18,908 vehiclesindicating 1.6% growth in annual sliding, based on CNBC calculations of data accessible to the public. It is despite Zeekr’s attempts to differentiate themselves from competition with its Driver’s free assistance technology announcement in March.

NioMay deliveries fell from the previous month, with a total of 23,231 vehicles deliveredreflecting 13.1% growth in annual slip. Onvo, the brand of smart electric vehicles focused on the Nio family, represented 6,281 total deliveries. This makes the most efficient month of Onvo so far this year.

Instead, companies can seek emerging markets such as those in Africa, based in Hong Kong Morning post in southern China reported last week.

Byd April 24 announced its official entry to BeninIn collaboration with CFAO Mobility.