"Chinese EV Makers See Surge in March Deliveries, Outpacing Tesla"

Chinese electric vehicle manufacturers BYD, Nio, Li Auto, and XPeng reported increased deliveries in March, reflecting China's growing dominance in the EV market. BYD sold 626,263 new-energy vehicles in the first quarter, including 300,114 EVs and 324,000 plug-ins, while Nio delivered 11,866 vehicles in March and 30,053 in the first quarter. Li Auto posted a 52.9% jump in deliveries for the first quarter, reaching a milestone of 700,000 cumulative deliveries. XPeng met its delivery guidance with a 20% rise in deliveries during the first quarter. These companies, along with Tesla, are shaping the competitive landscape in the Chinese EV market.