According to statements released by a trio of Chinese electric vehicle startups, the October deliveries made by Xpeng dropped to about one-half of those made by its local rivals Nio Inc. and Li Auto. This poor sales performance caused the shares of Xpeng to drop versus those of its rivals.
While Xpeng reported that it had delivered 5,101 EVs in October, Nio says it dispatched 10,059 electric vehicles to its customers while…
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