Zeekr Leads Electric Vehicle Deliveries in China for First Half of 2024

BEIJING — Chinese electric vehicle manufacturer Zeekr announced a record number of vehicle deliveries in June, positioning itself as the leader among U.S.-listed Chinese companies focused solely on electric cars. With total deliveries reaching 88,000 for the first half of 2024, Zeekr surpassed Nio, which reported 87,426 deliveries during the same period. Nio, however, showed signs of recovery with a notable 21,209 deliveries in June. In contrast, Xpeng lagged behind, delivering a total of 52,028 vehicles in the first half of the year, including 10,668 in June. The company’s performance has raised concerns as it continues to trail its competitors. Meanwhile, Xiaomi, primarily known for smartphones and home appliances, entered the electric vehicle market with over 10,000 deliveries in June, totaling more than 25,000 since launching its electric SU7 in late March. BYD, another major player in the electric vehicle sector, reported impressive growth, delivering 1.6 million new energy passenger vehicles in the first half of 2024, marking a nearly 29% increase from the previous year. Despite the positive trends, industry experts, including Wan Gang, a key figure in China's electric vehicle strategy, emphasized the need for improvements in battery charging infrastructure to support the growing market. As of May, new energy vehicle sales accounted for 47% of all passenger cars sold in China, reflecting a significant shift in consumer preferences towards electric vehicles, according to data from the China Passenger Car Association.