Leapmotor, Xpeng, and Xiaomi Are Only Chinese EV Startups to Meet 2025 Delivery Target(Yicai) Jan. 5 -- Leapmotor Technology, Xpeng Motors, and Xiaomi Auto were the only ones among China’s new energy vehicle startups and legacy automakers’ EV brands to achieve or exceed their annual delivery targets last year.
Leapmotor's deliveries jumped 103 percent to 596,555 cars in 2025 from the year before, exceeding its 500,000 goal, the Hangzhou-based firm announced on Jan. 1. That put Leapmotor first among China’s EV startups. Xpeng was second with 429,445, a 126 percent surge, versus a targeted 380,000.
Meanwhile, Xiaomi Auto delivered 410,000, beating its 350,000 goal, according to Chairman and Chief Executive Lei Jun. The car production arm of consumer electronics giant Xiaomi targets 550,000 for this year.
Li Auto's deliveries fell 19 percent to 406,343 last year, falling short of its 700,000 aim. Those of Nio rose 47 percent to 326,028, though the carmaker achieved only 74 percent of its objective.
Zeekr Intelligent Technology, the premium electric vehicle unit of Geely Automobile Holdings that manages the Zeekr and Lynk & Co brands, saw sales rise 13 percent to 574,628, fulfilling just 81 percent of its target. Of them, 224,133 were Zeekr and 350,495 were Lynk & Co cars.
The two EV brands of state-owned Changan Automobile, Deepal and Avatr, sold 333,117 and 128,772 last year, up 37 percent and 75 percent, respectively. Deepal achieved 93 percent of its annual target, and Avatr 59 percent.
Voyah, the premium EV brand of state-owned Dongfeng Motor Group, logged sales of 150,169, up 75 percent, fulfilling only 75 percent of its target.
Huawei Technologies' Harmony Intelligent Mobility Alliance, which includes the Aito brand with Seres Group, Luxeed with Chery Automobile, Maextro with JAC Motors, Stelato with BAIC Group, and Shangjie with SAIC Motor, delivered 589,107 EVs, up 32 percent. Huawei did not disclose HIMA’s annual delivery target.
Editors: Dou Shicong, Futura Costaglione