In the electric vehicle industry, major players such as Li Auto Inc. (Nasdaq: LI), XPeng Inc. (NYSE: XPEV), and NIO Inc. (NYSE: NIO) have reported their vehicle delivery figures for October 2023.

Li Auto achieved a milestone by delivering 40,422 vehicles, marking a significant 302.1% year-over-year increase. The cumulative deliveries for 2023 hit 284,647 by the end of October.

$LI was trading at $34.21 in pre-market, reflecting an increase of $0.40 (+1.18%).

XPeng reported a record high with 20,002 Smart EV deliveries in October, marking a 31% increase from the prior month and a notable 292% increase compared to last year. The XPENG G6's production saw a significant surge, leading to 8,741 units delivered in a single month.

$XPEV was trading at $15.04, up $0.56 (+3.87%) in pre-market.

NIO delivered 16,074 vehicles, showcasing a 59.8% year-over-year increase. This consisted of 11,086 smart electric SUVs and 4,988 smart electric sedans, contributing to a cumulative delivery total of 415,623 vehicles as of October 31, 2023.

In pre-market, $NIO was trading at $7.34, marking a rise of $0.04 (+0.55%).

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