Chinese electric vehicle makers saw deliveries tumble in April due to supply chain disruptions

THE WIRE - Up-to-the-minute news updates walk you through every trading day!

Major Chinese new energy vehicle makers saw car deliveries tumble in April from the previous month due to the impacts of the Covid-19 lockdown measures in Shanghai and neighbouring regions.

NIO Inc said that it delivered 5,074 cars in April, sliding 49% from the prior month. Xpeng Motors said it delivered 9,002 cars last month, diving 41.6% month on month, while Li Auto delivered 4,167 cars, slumping 62% from March.

The three carmakers all cited . . .

 

 

SIGN IN  OR SUBSCRIBE TO GET UNLIMITED ACCESS. 

Top