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Chinese electric vehicle (EV) companies released their March deliveries yesterday, April 1. The world’s biggest market for new energy vehicles (NEVs) showed traction last month following the typical slowdown in the first two months of the year. Looking at individual players, BYD’s (BYDDY) deliveries fell by over 20% year-over-year (YoY) in March, marking the seventh consecutive month of sales decline for the company, which became the world’s biggest EV seller last year.
Li Auto (LI) reported a 12% YoY rise in March deliveries, riding strong momentum for its Li i6 SUV, which it launched in September 2025. XPeng Motors’ (XPEV) deliveries, however, fell by over 17% compared to the corresponding month last year.