Chinese EV makers Li Auto, Xpeng and Nio post mixed April sales amid bruising price war

Li Auto, Xpeng and Nio, China’s top three premium electric vehicle (EV) makers, posted mixed sales in April, as companies remain entrenched in a price war in the world’s largest car market that shows no signs of ending.

Beijing-based Li Auto, mainland China’s nearest rival to Tesla, delivered 25,787 vehicles last month, an 11 per cent month-on-month decline but 0.4 per cent higher from a year earlier, the company said on Wednesday. Cumulative deliveries reached 106,187 units in the first four months of the year, 35.6 per cent higher from a year ago.