BYD, Leapmotor, and Xiaomi Surpass Annual Delivery Targets Ahead of Schedule

Chinese automakers BYD, Leapmotor, and Xiaomi have surpassed their annual delivery targets one month ahead of schedule, highlighting their rapid growth and strong market demand as the year comes to a close.

Electric vehicle giant BYD delivered 504,003 passenger vehicles in November, exceeding last month's figure of 500,526. Cumulative passenger vehicle deliveries reached 3,740,930, surpassing its annual target of 3.6 million deliveries.

Stellantis-backed Leapmotor achieved 40,169 deliveries in November, marking a 5.22% increase compared to the previous month and a 117% increase year-over-year. The company has delivered a total of 251,207 cars to date, exceeding its annual target of 250,000 deliveries.

Likewise, Xiaomi successfully exceeded its annual target of 100,000 deliveries by mid-November. The Chinese smartphone manufacturer launched its first car, the SU7, in March of this year and has delivered more than 20,000 vehicles for the second consecutive month in November. Xiaomi has revised its target to 130,000 deliveries by the end of the year.