At least three Chinese electric vehicle assemblers broke sales records in November, thanks in part to consumers rushing to make a purchase ahead of tax breaks and subsidies being phased out from January 1, reports the South China Morning Post. Stellantis-backed Leapmotor, one of the fastest-selling EV makers this year, delivered 70,327 vehicles in November, hitting an all-time high for the seventh month in a row. The sales came in slightly above the 70,289 tally in October.
Voyah, a unit of state-owned Dongfeng Motor, completed its fourth straight month of record deliveries, with sales increasing 16.2% from a month earlier to 20,005 vehicles.
Zeekr, owned by China’s second-largest automotive group Geely Auto, also reported record deliveries for a second month, selling 63,902 vehicles in November, up 3.7% from the previous month.