Domestic new car companies: Sales forecast for 2024 will soar, with Li Auto sales soaring by more than 100%

According to news on November 7, domestic emerging automobile companies have released their 2024 sales expectations to the supply chain. According to the latest news, Li Auto is expected to sell more than 800,000 vehicles in 2024. Compared with this year’s 380,000 vehicles, its sales are expected to achieve strong growth of more than 100%

It is understood that NIO has set its sales target at more than 230,000 vehicles in 2024, which is more pragmatic than this year’s target of 240,000 vehicles. At the same time, Xpeng Motors also released a sales forecast for 2024, which is expected to exceed 280,000 units, achieving almost 100% growth

It is understood that as of the end of October this year, Xpeng Motors’ cumulative sales It has reached 101,000 units, while NIO’s cumulative sales volume is 126,000 units

Li Auto delivered 40,422 new cars in October, a year-on-year increase of 302.1%, breaking through 40,000 units for the first time Delivery barriers. At the same time, Xpeng Motors also delivered 20,002 new cars in October, setting a new record for its single-month delivery history. NIO's October delivery volume reached 16,074 vehicles, a year-on-year increase of 59.8% and a month-on-month increase of 2.8%.

In addition, Li Auto plans to launch its first pure electric MPV model, Li MEGA, by the end of the year, and will launch four new models next year. Xpeng Motors is also about to launch its first pure electric MPV model, the Xpeng X9, while NIO has yet to release any news about future models. This series of sales forecasts and product planning shows the optimistic confidence of domestic new car companies in the market prospects.

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