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October EV Delivery Contrasts: Nio Rises, Li Auto Slumps

Kavout

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This episode provides contrasting reports on the recent delivery performance of two major Chinese electric vehicle (EV) manufacturers, Li Auto and Nio, with data current through October 2025. The articles highlight that Nio achieved a record month, delivering 40,397 vehicles, an increase driven by strong performance across its main brand and its sub-brands, Onvo and Firefly. Conversely, the reports indicate that Li Auto is facing significant challenges, recording its fifth consecutive month of year-on-year delivery decline (down 38.25% in October) despite new models like the Li i6 accumulating a high number of orders. Furthermore, Li Auto’s struggles are compounded by a recent vehicle safety incident and a large recall of its Li Mega MPV, while another article notes that Nio's October results follow a recent lawsuit filed by the Singapore sovereign wealth fund GIC.

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