China’s Zeekr reports EV deliveries in October nearly doubled, clocks its best monthly numbers

China’s Zeekr reports EV deliveries in October nearly doubled, clocks its best monthly numbers


ZEEKR EV cars are displayed at the 45th Bangkok International Motor Show in Bangkok, Thailand, March 25, 2024.

Chalinee Thirasupa | Reuters

Chinese electric carmaker Zeekr said Thursday its deliveries surged by 92% in October from a year ago, helping the company clock its best month at 25,049 vehicles.

That beat the prior record of 21,333 deliveries in September, bringing Zeekr’s total for the year to nearly 168,000.

The company has reportedly said that it expects to deliver 230,000 cars in 2024. With only two months left in the calendar year, that means Zeekr needs to deliver more than 31,000 cars in November and December each.

The Geely-backed automaker began deliveries of its new five-seat SUV Zeekr Mix on Oct. 23.

Xpeng also beat its personal best for a second straight month, delivering 23,917 vehicles in October. The deliveries included the company’s mass-market car, Mona M03, accounting for over 10,000 units.

Xpeng launched Mona M03 in late August with prices starting at $16,812.

Premium brand Nio said it delivered 20,976 cars in October, including 4,319 vehicles from its lower-priced brand Onvo, which was launched in September.

Li Auto, whose cars mostly come with a fuel tank to extend the battery’s driving range, delivered 51,443 cars, slightly lower than its record month in September.

BYD and Aito had not yet released their October deliveries as of Friday afternoon.

Earlier in the week, Chinese smartphone and home appliance company Xiaomi said it delivered more than 20,000 electric vehicles in October.

The company only launched its first car — the SU7 — in late March.

Xiaomi aims to deliver 100,000 electric cars by the end of November. The company has delivered more than 75,000 cars as of October.



Source

South Korea stocks extend post-election gains, hover near 10-month high amid mixed Asia markets
World

South Korea stocks extend post-election gains, hover near 10-month high amid mixed Asia markets

Sunset scene of light trails traffic speeds through an intersection in Gangnam center business district of Seoul at Seoul city, South Korea Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets traded mixed Thursday, after private sector hiring in the U.S. hit its lowest level in over two years, raising concerns that trade policy uncertainty […]

Read More
CNBC Daily Open: The observed slowdown of the U.S. economy depends on your vantage point
World

CNBC Daily Open: The observed slowdown of the U.S. economy depends on your vantage point

Shoppers carrying bags in the Soho neighborhood of New York, US, on Wednesday, March 26, 2025. Yuki Iwamura/Bloomberg via Getty Images Based on payrolls processing firm ADP’s jobs report and the U.S. Federal Reserve “Beige Book,” the United States economy appears to be slowing. The number of private sector jobs created in May rose by […]

Read More
Trump moves to block U.S. entry for foreigners planning to study at Harvard University
World

Trump moves to block U.S. entry for foreigners planning to study at Harvard University

A Harvard sign is seen at the Harvard University campus in Boston, Massachusetts, on May 27, 2025. Rick Friedman | Afp | Getty Images President Donald Trump is moving to block nearly all foreign students from entering the country to attend Harvard University, his latest attempt to choke the Ivy League school from an international […]

Read More