NIO, XPeng & Li Auto Post Delivery Results for February

By Zacks Equity Research | March 03, 2026, 9:30 AM

NIO Inc. NIO, XPeng Inc. XPEV and Li Auto Inc. LI, three leading China-based manufacturers of smart electric vehicles, have announced their delivery results for February 2026.

NIO reported deliveries of 20,797 vehicles for the month, reflecting a 57.6% increase compared with the same period last year. Of this total, 15,159 vehicles were delivered under its premium NIO brand, 2,981 units came from its family-focused ONVO brand, and 2,657 vehicles were delivered under its small high-end FIREFLY brand. As of Feb. 28, 2026, NIO’s cumulative deliveries reached 1,045,571 vehicles.

XPeng delivered 15,256 vehicles in February compared with 30,453 units delivered in February 2025. During the month, XPeng also initiated global deliveries of its new XPENG P7+, with the first batch shipped to 18 countries. The launch represents an important milestone in expanding the model’s intelligent and spacious driving experience to young families around the world.

Li Auto delivered 26,421 vehicles in February 2026, up from 26,263 units in February 2025. By Feb. 28, 2026, Li Auto’s cumulative deliveries had climbed to 1,594,304 vehicles. As of the same date, the company operated 539 retail stores across 160 cities, along with 548 servicing centers and authorized body and paint shops in 223 cities. In addition, Li Auto had 4,054 supercharging stations in operation throughout China, providing 22,447 charging stalls.

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This article originally published on Zacks Investment Research (zacks.com).

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