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Two of China's U.S.-listed electric vehicle startups beat market expectations for โปรโมชั่น slotxo March delivery, with both companies setting quarterly records.Xpeng said Thursday that 5,102 vehicles were delivered in March, with an implied delivery of 4,262 vehicles that month.The company had a total of 13,340 deliveries in the first quarter, topping a recommendation of 12,500 vehicles in the first quarter. During that time Nio announced deliveries of 7,257 vehicles in March, which was 20,060 in the first three months of the year, the largest in any quarter, according to the company reportIt was under Nio's first-quarter guidance of 20,000 to 20,500 vehicles. Nio cut its forecast last week to 19,500 after announcing a five-day factory shutdown due to a semiconductor shortage.

Shares of both companies were up more than 1 percent during Thursday's trading session in New York. Stocks remain in negative territory for the year after surging in 2020.Xpeng's March delivery is roughly divided between the company's P7 sedan and the G3 SUV.Among the three Nio models - all SUVs - the company says the five-seat ES6 is the most in demand, with more than 3,000 deliveries in the month. Last The delivery timing is "a highly positive indicator of China's EV market growth trajectory for the rest of the year," Wedbush analyst Dan Ives and Strecker Backe wrote. They also forecast March to be the month. That's good for Tesla in China, and it expects its electric car stock to rise 30% to 40% this year.

Outstanding BYD sales in March


The startups' quarterly delivery statistics, however, remain pale compared to Chinese electric vehicles and battery maker BYD.For the company's Han model alone - both hybrid and all-electric models - 10,000 vehicles were sold in March, BYD management told Citi analysts on a call on Tuesday. Sales of BYD's new energy vehicles hit 23,000 vehicles last month, according to Citi.BYD expects that in December it will be able to hit 30,000 in the battery-only category, Citi said.Li Auto, another Chinese electric vehicle startup registered in the United States, did not release first quarter figures as of Friday morning Beijing time.The company forecast in February it would deliver between 10,500 and 11,500 vehicles in the first quarter, or less than 4,000 per month.The only Li Auto on the market is an SUV with a fuel tank for charging batteries.

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Chinese electric vehicle startups Nio and Xpeng