Chinese auto giant BYD (1211) sold 313,245 electric vehicles last month, up by 49 percent from a year ago, according to a filing yesterday.
Among the trio of Chinese EV startups, Nio (9866) saw the highest yearly growth in deliveries in April. The company sold 15,620 vehicles, up 135 percent year-on-year. Li Auto (2015) saw its April deliveries edge up 0.4 percent from a year earlier to 25,787, while XPeng (9868) said it sold 9,393 EVs in the month, up by 33 percent from the previous year.
Zeekr, a premium EV brand under Geely Automobile (0175), posted a 99 percent jump in April deliveries to 16,089 vehicles.
Chinese smartphone giant Xiaomi (1810) delivered 7,058 SU7 EVs in April, after it started its first deliveries of the model on April 3.
Zhejiang Leapmotor Technology (9863) said its April deliveries grew 72 percent to 15,005 vehicles.
In other news, Tesla eliminated almost its entire Supercharger organization, which has built a vast network of public charging stations that virtually every major automaker is in the process of tapping into in the US.
The decision to cut the nearly 500-person group, including senior director Rebecca Tinucci, was made by chief executive Elon Musk in the last week, according to a person familiar with the matter. It comes in addition to the more than 10 percent staff cut ordered in mid-April.
BYD’s Seal 06 DM-i is displayed at last week’s Auto China 2024. Reuters
