EV shares slid in Hong Kong. Li Auto, NIO down around 3%; XPeng down over 2%; Seres, Leap Motor, BYD Company down over 1%.
NIO delivered 36,275 vehicles in November, its second-highest monthly total on record behind October's 40,397 units. This represents a 76.31 percent increase from the 20,575 units delivered in the same month last year, but a 10.20 percent decrease compared to October.
XPeng delivered 36,728 vehicles in November, representing an 18.88 percent increase year-on-year but a 12.58 percent decrease month-on-month.
Li Auto delivered 33,181 vehicles in November, marking a 31.92 percent year-on-year decline and the sixth consecutive month of year-on-year contraction.
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