Chinese EV Giants Li Auto and Zeekr Smash Delivery Records in September

Li Auto and Zeekr, two prominent Chinese electric vehicle (EV) manufacturers, have reported record-breaking deliveries for the month of September. This remarkable achievement underscores the growing demand for electric vehicles in the Chinese market and the increasing competitiveness of domestic EV brands.

Li Auto, a leader in the Chinese new energy vehicle market, announced that it delivered 53,709 vehicles in September 2024, marking a 48.9% year-over-year increase. This impressive performance brought the company's third-quarter deliveries to 152,831, representing a 45.4% year-over-year growth. As of September 30, 2024, Li Auto had delivered a total of 341,812 vehicles in 2024, with cumulative deliveries reaching 975,176.

Zeekr, a subsidiary of Geely Automobile Holdings, also reported record deliveries for September. The company delivered 18,143 vehicles, up 101.3% year-over-year. This strong performance brought Zeekr's third-quarter deliveries to 53,751, representing a 100.7% year-over-year increase.


The record deliveries by Li Auto and Zeekr can be attributed to several factors. Government incentives and subsidies have played a significant role in driving consumer demand for EVs in China. Additionally, technological advancements and innovation have enabled these brands to offer high-quality, competitive products that cater to the evolving preferences of Chinese consumers.


The Chinese EV market is highly competitive, with both domestic and international players vying for market share. Li Auto and Zeekr's record deliveries demonstrate their ability to compete effectively with established brands such as Tesla and BYD. As the market continues to grow, these companies are well-positioned to capture a larger share of the Chinese EV market.

The record deliveries by Li Auto and Zeekr have positive implications for their financial performance in the short and long term. Increased sales volumes will drive revenue growth and improve profitability, allowing these companies to invest in research and development, expand their product offerings, and strengthen their market position.


In conclusion, Li Auto and Zeekr's record deliveries in September 2024 highlight the growing demand for electric vehicles in the Chinese market and the increasing competitiveness of domestic EV brands. As these companies continue to innovate and expand their product offerings, they are well-positioned to capture a larger share of the Chinese EV market and contribute to the global transition towards sustainable transportation.