Analysts at Deutsche Bank are predicting significant growth for Nio, Xpeng, and Li Auto in 2025, driven by the introduction of new models.
Nio is expected to double its deliveries in 2025 to around 450,000 units, with the Onvo sub-brand contributing about 220,000 units. The growth is attributed to an expanded retail network, new product offerings, and enhanced battery swap capabilities. Nio is also planning to launch new models, including an ultra-large size six-seater SUV, to maintain its competitive edge.
Xpeng, on the other hand, is projected to deliver 400,000 units in 2025, a 110 percent increase from the previous year. The company’s strong order backlog and new product launches, including its first extended-range electric vehicle and a large SUV, are expected to drive this growth. Xpeng aims to break even by the end of 2025, with the goal of selling over 40,000 units per month.
Li Auto is forecasted to deliver 700,000 units in 2025, representing a 40 percent increase from 2024. The company plans to introduce the i6 large pure-electric SUV and an ultra-large-size SUV to expand its product portfolio. Li Auto’s focus on mid-range price segments is expected to attract a new segment of customers and further drive growth.
Overall, Deutsche Bank’s optimistic projections for Nio, Xpeng, and Li Auto reflect the potential for significant growth in the Chinese electric vehicle market in 2025. The introduction of new models and strategic initiatives by these companies are expected to drive sales and solidify their positions in the competitive EV industry.
