Leapmotor Leads Chinese NEV Startups for Ninth Month in November

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Leapmotor continues to lead among Chinese new energy vehicle startups, marking its ninth consecutive month as the top seller in November. The company’s deliveries increased dramatically, rising 75% year-over-year to reach 70,327 vehicles, setting a new monthly record.

Nio delivered 36,275 vehicles last month, up 76% from the same period last year but down 10% from October. This decline was largely due to a 32% drop in deliveries of models under its new Onvo brand, totaling 11,794 units from the previous month.

Xpeng Motor’s monthly total reached 36,729 units, reflecting a 19% increase compared to November of last year but a 13% decrease from October’s figures. Meanwhile, Li Auto’s deliveries fell 32% year-over-year to 33,181 units in November, though they experienced a slight 4% rise from October.

Huawei’s Harmony Intelligent Mobility Alliance, responsible for brands like Aito, Luxeed, Maextro, Stelato, and Shangjie—developed in partnership with Chinese automakers such as Seres Group, Chery, JAC Motors, BAIC, and SAIC—set a new record with 81,864 units delivered in November.

Xiaomi Auto maintained its momentum with over 40,000 units delivered in November, marking the third straight month above this threshold. The company’s CEO recently projected that Xiaomi Auto could surpass 400,000 units sold by the end of the year.

Zeekr Technology, the NEV division of Geely, which oversees Zeekr and Lynk & Co brands, saw its November deliveries grow 7% from the previous year and 4% from October, hitting a total of 63,902 units. Of these, 35,059 were Lynk & Co models, and 28,843 belonged to Zeekr.

Looking at the first eleven months of the year, Leapmotor surpassed its annual goal of 500,000 deliveries ahead of schedule. Xpeng also achieved its 2025 target of 380,000 units early.

In contrast, Nio and Li Auto lag behind their targets. Nio had aimed for 440,000 units this year but had only reached about 63% of that goal as of late November. Li Auto’s target was 700,000 units, but they are roughly halfway to that mark.