Automakers' March delivery figures released: leading new energy vehicle brands continue to maintain high growth momentum

Securities Times reporter Mei Shuang

On April 1, many automakers successively released their March 2026 sales figures. Based on the information already disclosed, leading new-energy brands have continued their high-growth momentum.

Leapmotor delivered 50,029 vehicles across the full line in March, up 35% year over year and 78.25% month over month. On the same day, Leapmotor also issued a voluntary announcement. The company’s founder, chairman and CEO Zhu Jiangming, and shareholder Fu Liquan, have once again increased their holdings of the company’s shares recently, with an average price of about HK$45.10. The total amount of this share increase is about HK$230 million.

Li Auto delivered 41,053 new vehicles in March, up 11.94% year over year and 55.38% month over month. In the first quarter of this year, Li Auto’s delivery volume was 95,142 vehicles.

With production capacity bottlenecks fully resolved after the Spring Festival, Li Auto’s i6 deliveries have continued to rise. In March, they exceeded 24,000 vehicles and ranked among the top in pure-electric SUV sales in the 200,000 to 300,000 yuan range. Benefiting from excellent user reputation, Li Auto’s i8 has also seen steady growth in order volume, with a month-over-month increase of more than 100% in March.

NIO disclosed that it delivered 35,486 new vehicles in March, up 136% year over year and 70.6% month over month. Of these, NIO brand deliveries were 22,490 new vehicles, up 120.1% year over year and 48.4% month over month; the LeDuo brand delivered 6,877 new vehicles, up 42.7% year over year and 130.7% month over month. In the first quarter of 2026, NIO delivered 83,465 new vehicles in total, up 98.3% year over year.

Deepal (Avatr) sold 31,742 units globally in March, up 30% year over year and 87.7% month over month. Among them, Deepal L06’s sales rose 170% month over month, Deepal S07’s sales rose 157% month over month, and Deepal S05’s cumulative sales surpassed 190,000 units.

Zeekr delivered 29,318 new vehicles in March, up 90% year over year and 22.84% month over month. Of these, the Zeekr 9X model delivered over 10,000 units in March, and the Zeekr 8X will be launched in mid-April.

Xpeng delivered a total of 27,415 new vehicles in March, down 17.4% year over year, and up 79.7% month over month. Of these, Xpeng X9 delivered 3,075 units, up 134% year over year, and global cumulative deliveries surpassed 55,000 units.

In March, Xiaomi delivered more than 20,000 vehicles. Among them, the new-generation SU7, which began deliveries on March 23, delivered over 7,000 units within 9 days, with an average daily delivery volume of nearly 800 vehicles.

Seres delivered 20,598 vehicles in production in March, up 38.92%; sales were 20,234 vehicles, up 47.74%.

Great Wall Motor’s March sales were 106,198 vehicles, up 8.38% year over year; production was 122,881 vehicles, up 22.80%.

Lantu delivered 15,019 new vehicles in March, up 50% year over year and 80% month over month.

IM Motors (Zhiji) saw March sales of 7,187 vehicles, up 131.8% year over year and 256.3% month over month.

The China Automobile Circulation Association had previously estimated that in March, terminal customer traffic and sales in the auto market were expected to rebound month over month. Key supporting factors include post-holiday employees returning to cities, which brings consumption back to normal, as well as the start of spring auto shows in multiple locations, the frequent launch of new models, and the clarification of local “trade-in for upgrades” subsidy application procedures—helping spur the release of car-purchase demand.

(Editor: Wen Jing)

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                                                            Auto
                                                            Automakers