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Xpeng Inc (NYSE: XPEV) on Tuesday outshone delivery numbers of close local rivals Nio Inc (NYSE: NIO) and Li Auto Inc (NASDAQ: LI) in January — but all the three U.S. listed Chinese electric vehicle makers reported a sequential volume decline ahead of the slow-sales season before the Lunar New Year. What Happened: The Guangzhou, China-based Xpeng said it delivered 12,922 electric vehicles in January, a fall of 19% over December and a jump of 114% over January 2021.
...read full article on Benzinga
