To The Moon

What Great🗞🗞🗞 to start the 1st trading day in 2023😍🤩🤗🥳 Chinese EV makers Li Auto,, NIO, & XPeng all reported strong delivery results in Dec 2022❣️

⭐️ The 3 EV makers combined to deliver 48,340 vehicles, up about 19% year over year & the Highest Monthly Total ever🥳🥳 The previous monthly peak was 41,280 combined units in June 2022. ⭐️⭐️ Overall, these 3 EV makers delivered more than 376,000 units in 2022, up about 34% from 2021🥳🥳🥳

$Li Auto(LI)$ led the way with 21,233 deliveries, up about 51% year over year (YoY). Li delivered 46,319 cars in Q4, up from 26,524 vehicles delivered in Q3. For the full year, Li delivered 133,246 units, up from 90,491 in 2021🥳🥳🥳

$NIO Inc.(NIO)$ $NIO Inc.(NIO.SI)$ delivered 15,815 vehicles, also up about 51% YoY. Q4 deliveries came in at 40,052, up from Q3’s 31,607. For the full year, NIO delivered 122,486 units, up from 91,429 in 2021🥳🥳

$XPENG-W(09868)$ $XPeng Inc.(XPEV)$ bounced back from a weak Nov, but unit sales fell YoY. XPEV delivered 11,292 units in Dec up from Nov's 5,811 but down from the 16,000 in the final month of 2021. For Q4, XPEV delivered 22,204 vehicles, down from 29,570 in Q3. For the full year, XPEV delivered 120,757 cars, up from 98,155 delivered in all of 2021🥳

Year-end sales were expected to rise in 🇨🇳 because the government incentive for an EV purchase was set to go away at the start of 2023. However this also means that we need to watch👀 the 📰🗞 closely:

(1) If 🇨🇳 announces extension or new EV incentives then EVs will continue to recover📈

(2) If 🇨🇳 Covid🦠 outbreak affects production significantly, then EVs will lose their recovery gains once again. Moreover, the Chinese Lunar New Year Celebration is 15days & most companies are closed for the whole 15days. I’m expecting Q1 deliveries to drop🤔

Fellow 🐯🐯🐯, do you think EV deliveries for Q1 2023 will drop or increase❓Do vote🗳 & Share your reasons in the comments section❣️ Please also help to click on the “Like” & “Share/Repost” buttons at the bottom right corner so that more 🐯🐯🐯 can access this information, many thanks🤗🥰 You will Greatly Encourage Me❣️

As usual-🤔💭 Consider POV & Actions of investors + 👩🏻‍💻👨🏻‍💻 Research + 🗑FOMO & Greed = Investing Wisely 🤓🤗 + Accumulating Wealth 💵💰 

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