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The world’s largest EV market, China, continues gaining momentum as automakers – domestic and foreign – are racing to claim their share in the auto industry’s future. Nio, Xpeng, and Li Auto, three Chinese EV leaders, reported strong delivery numbers in 2022 despite ongoing supply chain disruptions. Here’s a look at how their deliveries compared this past year.

Nio, Xpeng, and Li Auto battle for EV share in 2022

Despite facing supply chain constraints brought about by COVID-19, EV makers Nio, Xpeng, and Li Auto fared well in December, capping off an impressive 2022.

Li Auto led the way, delivering 21,233 vehicles in December, up 50.7% year-over-year (YOY), for a total of 133,246 in 2022, representing an over 47% increase from last year.

Nio lowered its expectations for the fourth quarter last week after a slowdown in December over production constraints in China due to a rising number of COVID-19 cases. The company said it was facing challenges (deliveries and production) in December 2022 due to China’s strict “zero COVID” policies.

Meanwhile, the company delivered 15,815 EVs in December, a new record high monthly sale, bringing total sales for the year to 122,486, an increase of 34% YOY.

Nio has several big EV releases coming up, including its flagship EC7 coupe SUV and ES8 refresh, which it believes will help drive future sales. In addition, the EV maker is quickly expanding into Europe, launching its models in Germany, the Netherlands, Denmark, and Sweden.

December % change 2022 % change
Nio 15,815 50.8% 122,486 34%
Xpeng 11,292 (-29.4%) 120,757 23%
Li Auto 21,233 50.7% 133,246 47.2%
Nio, XPeng, Li Auto 2022 deliveries

Xpeng ranked third, delivering 11,292 vehicles in December, down from 16,000 last year, for a total of 120,757 in 2022. During its most recent earnings, XPeng compared the EV race in China to a marathon competition, saying only those with “well-rounded capabilities, core technology,” and the ability to “monetize from hardware and software will win in the end.” The company is betting on in-house technology like its full-stack driver assistance system tech and in-car intelligent operating system.

What do you guys think? Will XPeng lead in the long run? They are the only EV maker among the three to see a drop in deliveries this past month compared to last December. Perhaps China easing COVID-19 restrictions will help. Let us know what you think in the comments.

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Tesla launches new Cybertruck RWD for $70,000, removes tons of cool features

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Tesla launches new Cybertruck RWD for ,000, removes tons of cool features

Tesla has officially launched a new version of the Cybertruck RWD for $70,000 in the US and Mexico.

It’s more expensive than previously announced and loses a ton of features, but it has more range.

Earlier today, we reported on Tesla unveiling in the Middle East a new ‘Cybertruck Long Range’.

The automaker confirmed that it had a single rear-wheel-drive (RWD) motor, but unlike the previously announced Cybertruck RWD, Tesla said it had 350 rather than 250 miles of range.

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This would point to having the same battery pack as the Dual Motor and Cyberbeast currently available.

At the time, it wasn’t clear if Tesla was launching this specific version for the Middle East or if it was the new Cybertruck RWD to replace the previously announced $62,000 version.

Now, Tesla has opened orders in the online configurator for the US and Mexico of the new Cybertruck Long Range RWD:

It starts at $70,000 before incentive – $9,000 more than the previously announced Cybertruck, but it has 100 more miles on a single charge at 350 miles.

It’s also $10,000 less expensive than the Cybertruck Dual Motor.

You not only lose a motor, but you also lose the powered tonneau. You can buy a “soft tonneau” for $750 and it increases the range to 362 miles:

The new cheaper version also loses the adaptive suspension, the lightbar at the back, the rear screen, and even the bed outlets, according to Tesla’s website.

Tesla says that deliveries are going to start in June.

Electrek’s Take

I might be wrong, but I would assume that the previously announced $61,000 Cybertruck is not going to happen. The Cybertruck is likely proving to be too low-volume to warrant producing different sizes of battery packs.

However, this version might be just to make the $80,000 Cybertruck look better.

It’s not to lose the AWD, the tonneau, the adaptive suspension, and even the bed outlets for $10,000.

These are all pretty essential features of the Cybertruck. I don’t think this version will sell much at $70,000. Maybe they get a few sales of people trying to take advantage of the $7,500 tax credit.

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This electric excavator has battery swap tech that lets it recharge in minutes [update]

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This electric excavator has battery swap tech that lets it recharge in minutes [update]

The electric construction equipment experts at XCMG just released a new, 25 ton electric crawler excavator ahead of bauma 2025 – and they have their eye on the global urban construction, mine operations, and logistical material handling markets.

UPDATE: telematics announcement.

Powered by a high-capacity 400 kWh lithium iron phosphate battery capable of delivering up to 8 hours of continuous operation, the XE215EV electric excavator promises uninterrupted operation at a lower cost of ownership and with even less downtime than its diesel counterparts.

XCMG is delivering on part of that reduced downtime promise with the lower maintenance and easier repair needs of electric equipment, and delivering on the rest of it with lickety-quick DC fast charging that can recharge the machine’s massive battery in 1.5-2 hours … but that’s not the slick bit. The XCMG XE125EV can be powered up without leaving the job site thanks to its BYD battery swap technology.

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We first covered XCMG and its battery swap technology back in January, and covered similar battery-swap tech being developed by MOOG Construction offshoot ZQUIP, as well – but while XCMG’s battery tech has been in production for several years, it’s still not widely known about in the West (even within the industry).

XCMG showed off its latest electric equipment at the December 2024 bauma China, including an updated version of its of its 85-ton autonomous electric mining truck that features a fully cab-less design – meaning there isn’t even a place for an operator to sit, let alone operate. And that’s too bad, because what operator wouldn’t want to experience an electric truck putting down 1070 hp more than 16,000 lb-ft of torque!?

Easy in, easy out

XCMG battery swap crane; via Etrucks New Zealand.

The best part? All of the company’s heavy equipment assets – from excavators to terminal tractors to dump trucks and wheel loaders – all use the same 400 kWh BYD battery packs, Milwaukee tool style. That means an equipment fleet can utilize x number of vehicles with a fraction of the total battery capacity and material needs of other asset brands. That’s not just a smart use of limited materials, it’s a smarter use of energy.

You can check out all the XE215EV’s specs at this tear sheet, and get an in-person look at the Chinese company’s latest electric excavator this week in Munich, Germany.

Telematics announcement at bauma

XCMG showcases green, smart tech at bauma 2025; via XCMG.

Earlier today, XCMG launched its next-generation Xrea Global Telematics Platform, integrating IoT, big data, cloud computing, and AI to enable what it’s caling, “seamless cross-border fleet management.”

The new telematics platform supports a dozen languages via PC and mobile interfaces, and offers real-time diagnostics, predictive maintenance, and data-driven optimization of both the vehicle and the vehicle’s batteries, empowering equipment managers and fleet operators to track fleets across town, or across time zones.

“XCMG remains committed to advancing engineering technology to empower a sustainable future. Our mission is to deliver efficient, intelligent, and eco-friendly lifecycle solutions for global clients,” said Mr. Yang Dongsheng, Chairman of XCMG Group and XCMG Machinery. “Today, 19% of our product portfolio comprises green innovations under our ‘Green Mountain’ new energy line, with full electrification across all series underway.”

SOURCE | IMAGES: XCMG; via PR Newswire.

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Tesla (TSLA) is having a terrible month, and it’s only April 10th!

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Tesla (TSLA) is having a terrible month, and it's only April 10th!

On today’s troubling episode of Quick Charge, we explore all the troubles befalling Tesla (and TSLA stock) in the month April – with top executives fleeing the ship, demand plummeting, sales slipping, government incentives at home and abroad under threat, and a raft of receipts brought on by an OpenAI lawsuit hitting the brand, it’s already a bad month for Elon … and there’s still 20 more days to go!

None of this even touches on the $43 million “backlogged” rebate scandal Tesla’s facing in Canada that’s being blamed for people’s negative attitudes about the brand (ha!) or the fact that neither the long-promised Roadster 2.0 or the Tesla Semi will see production anytime this year, either.

The word you’re looking for when you think of Tesla these days is, “cooked.”

Prefer listening to your podcasts? Audio-only versions of Quick Charge are now available on Apple PodcastsSpotifyTuneIn, and our RSS feed for Overcast and other podcast players.

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New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.

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