Insurance registrations in China last week were 44,300 for BYD vehicles and 12,800 for Tesla.
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Xpeng delivered 23,205 vehicles in the second quarter, exceeding the upper end of the company's guidance range of 21,000 to 22,000 units.
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"I don't want to build a China-only company, I want to build a global company," Xpeng CEO said.
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And not just Germans. Toyota recently launched BYD-inside EV, and Renault works on PHEV drivetrains with Geely.
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Leapmotor potentially partnering with Volkswagen's Jetta, Huawei aims at luxury MPV, Key departure at Xpeng, IM LS6 gets priced, set for Chengdu Auto Show.
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Xpeng has confirmed that the head of the company's autonomous driving business is leaving, after rumors earlier today caused its Hong Kong-traded stock to plummet.
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Xpeng's vice president of autonomous driving, Wu Xinzhou, is rumored to be leaving the company and is set to join US chip giant Nvidia.
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Following a price cut and a slew of new models, Nio's sales efficiency has improved materially and should maintain this level of demand for at least the rest of the third quarter, said Edison Yu's team.
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Thanks to the launch and delivery of the Xpeng G6, Xpeng's sales this month will exceed 10,000 for the first time in 2023.
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Strong sales of the G6 drove a surge in showroom visits, which in turn increased customer enthusiasm for other Xpeng models and the smart technologies they come with, the company said.
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