By WhichEV
Chinese electric vehicle (EV) manufacturers are experiencing record growth in production and deliveries, setting the stage for increased competition in the UK market over the next few years.
With Chinese EV brands such as XPeng and Zeekr ramping up their operations and producing affordable and advanced electric vehicles, the UK’s drive towards an all-EV market stands to benefit from this momentum.
XPeng’s Rapid Growth and the Mona M03
XPeng, a prominent Chinese EV maker, has made significant strides in the EV market. It recently reported deliveries of 21,352 EVs in September alone, which contributes to an overall figure of nearly 100,000 vehicles produced in 2024 so far. Since the company first began shipping EVs in the first quarter of 2020, this remarkable growth reflects a steady rise in demand for Chinese EVs. XPeng’s Q3 figures stood at 46,533 vehicles, surpassing the company’s guidance range of 41,000 to 45,000 units, marking an increase of over 16% year-on-year and a 54% surge compared to Q2.
