NIO's vehicle margin was negatively impacted by 6.7 percentage points in the fourth quarter due to accelerated depreciation of production facilities and the loss of purchase commitments for older models.
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By the end of February, XPeng's cumulative deliveries since its inception stood at 269,938 vehicles, data monitored by CnEVPost show.
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Li Auto's delivery guidance for the first quarter is 52,000 to 55,000 vehicles, and the latest figures mean it is on track to deliver between 20,239 and 23,239 vehicles in March.
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The Model Y SUVs produced by Giga Shanghai since January 1 are equipped with an updated suspension system for improved comfort.
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Deliveries of the Denza D9 EV began last week, with an executive saying at the time that the Denza received more than 10,000 new orders in February.
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Vehicle insurance registrations for many NEV companies continued to rebound last week, with Tesla registering significant growth.
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The first product of the F brand will be launched within the year and will focus on the off-road segment, according to local media.
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If Li Auto maintains the current level of demand for the second half of the year, there would be upside to consensus estimates, according to Edison Yu's team.
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NIO's battery team has been boosted to 1,000 people and is developing its own lithium manganese iron phosphate (LMFP) and 46 series ternary batteries, according to local media.
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Li Auto guided for first-quarter deliveries of 52,000 to 55,000 vehicles, meaning it expects to deliver a total of 36,859 to 39,859 vehicles in February and March.
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