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Home/News Feed/Chinese EV makers Nio, Li Auto, and Xpeng rise on strong March deliveries; Tesla edges up ahead of Q1 report.
NIO
$5.08
+$0.06 +1.10%

Chinese EV makers Nio, Li Auto, and Xpeng rise on strong March deliveries; Tesla edges up ahead of Q1 report.

Market News
01 Apr 2026
24/7 Wall Street
View Source
Bullish
pluang ai news

Shares of Chinese electric vehicle makers Nio, Li Auto, and Xpeng rose significantly after posting strong March delivery figures, signaling a rebound after a weak February. Nio beat its own guidance with a 98.3% year-over-year increase in Q1 deliveries, Li Auto improved production and announced a $1 billion buyback, while Xpeng showed month-over-month growth but faced year-over-year declines. Tesla's stock rose modestly as investors await its Q1 delivery report, with cautious expectations due to a projected sequential delivery decline. The delivery data highlights shifting momentum in the EV market, with Chinese makers gaining ground as Tesla faces challenges.

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