China EV Makers Xpeng, Nio and Li Post Higher Deliveries for Q4, 2021

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The Street

By Rob Daniel China electric-car companies Xpeng, Nio and Li all report stronger deliveries for December, the fourth quarter and full year ahead of expected subsidy cuts. China-based electric-car companies reported stronger delivered for December, the fourth quarter and full year. Barron’s reported that December deliveries for the three China-based EV producers — Xpeng, Nio and Li — might have been boosted because subsidies on EVs sold there will be cut in 2022. And the paper suggested that the higher deliveries may mean higher earnings estimates from Wall Street analysts. All have a long ro…

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