Xpeng reports a 229% surge in July deliveries, reaching 9,999 vehicles. The company also launched the 2025 versions of its G6 and G9 models in European markets and announced the upcoming launch of the XPeng P7+ in Europe. NIO's shares gained in Hong Kong after the low pricing of its new SUV model. Chinese automakers are gaining ground in the contracting European market, data shows.
Xpeng Motors delivered a record 36,717 vehicles in July 2025, marking a 229% year-on-year increase and a 6% rise from June. This represents the highest monthly delivery volume in the company’s history [1]. Between January and July 2025, Xpeng delivered a total of 233,906 vehicles, up 270% from the same period last year. The company has now surpassed 800,000 cumulative deliveries since its founding [1].
The growth was driven by strong sales of the Mona M03, which recorded over 15,000 units delivered in July. The Mona model has achieved more than 10,000 monthly deliveries for 11 consecutive months, with total deliveries exceeding 150,000 units. In the midsize electric sedan segment, the P7+ maintained its lead in the 150,000 to 200,000 yuan price range, accumulating over 67,000 units delivered [1].
Xpeng also launched the G7 SUV on July 3, equipped with L3-level autonomous driving capabilities and a computing power of 2,250 TOPS. The G7, starting at 195,800 yuan (approx. 27,325 USD), achieved over 10,000 pre-orders within nine minutes of launch [1].
International expansion continued through July. Xpeng showcased its lineup at the 2025 Goodwood Festival of Speed in the UK, announcing the European launch of the updated G6 and G9. The brand has now entered 46 global markets, including new entries into the UK, Italy, and Ireland during the first half of the year [1].
NIO Inc's (NYSE: NIO) Hong Kong shares jumped 10.1% to HK$38.3 on July 2, 2025, following the company's announcement of the launch of its new SUV model, the Onvo L90. The stock was on track to snap three consecutive sessions of decline and was the top percentage gainer on the Hang Seng Tech Index (HHSTECH) and Hang Seng Automobile Index (HHSAMI), which gained 0.6% and 0.3%, respectively [2].
The Onvo L90, priced at a starting point of CNY265,800 ($36,868.53), represents a significant reduction from the model's previously competitive pre-sales starting price of CNY279,900. Under NIO's battery-as-a-service (BaaS) scheme, the starting price for the Onvo L90 can be as low as CNY179,800 yuan ($25,000), with a monthly battery rental fee of CNY899 yuan ($125). The aggressive pricing strategy reflects NIO's high hopes for the model, particularly in achieving its profitability target for the fourth quarter of 2025 [2].
Chinese automakers are gaining ground in the contracting European market, data shows. Xpeng's expansion into 46 global markets, including the UK, Italy, and Ireland, and NIO's launch of the Onvo L90 in Europe, reflect the growing competitiveness of Chinese electric vehicle manufacturers in the international market [1][2].
References:
[1] https://carnewschina.com/2025/08/01/xpeng-delivers-record-36717-vehicles-in-july-driven-by-mona-and-p7-models/
[2] https://www.ainvest.com/news/nio-shares-rise-9-1-setting-pricing-suv-model-2508/
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