China automakers BYD, Leapmotor, Xiaomi smash annual delivery targets [Video]

SINGAPORE — Chinese automakers BYD, Leapmotor, and Xiaomi have raced past their annual delivery targets a month ahead of schedule, underscoring their rapid growth and strong market demand as the year comes to a close.

Electric vehicle juggernaut BYD delivered 504,003 passenger vehicles in November, up from last month’s 500,526. Its cumulative deliveries for passenger cars stand at 3,740,930, exceeding its initial full-year target of 3.6 million deliveries.

Meanwhile, Stellantis-backed Leapmotor saw 40,169 deliveries in November, up 5.22% from the previous month and 117% year on year. The company has delivered 251,207 cars year-to-date, surpassing its 250,000 annual delivery target.

Xiaomi, likewise, achieved the feat of surpassing its annual target of 100,000 deliveries midway through November. The company launched its first car, the SU7, in March this year.

For the full month of November, the Chinese phonemaker company delivered more than 20,000 cars for the second consecutive month this year. Xiaomi has revised …