--- title: "In February, China's electric vehicle deliveries saw Leapmotor leading with 28,000 units, while BYD's sales dropped by 40%" description: "The delivery volume of the Chinese electric vehicle market generally declined in February. Leapmotor delivered 28,067 vehicles, an increase of 11% year-on-year; Xiaomi delivered over 20,000 vehicles, " type: "news" locale: "en" url: "https://longbridge.com/en/news/277355585.md" published_at: "2026-03-01T12:42:04.000Z" --- # In February, China's electric vehicle deliveries saw Leapmotor leading with 28,000 units, while BYD's sales dropped by 40% > The delivery volume of the Chinese electric vehicle market generally declined in February. Leapmotor delivered 28,067 vehicles, an increase of 11% year-on-year; Xiaomi delivered over 20,000 vehicles, a decrease of 48% month-on-month. Li Auto delivered 26,421 vehicles, a slight increase of 0.6%; Nio delivered 20,797 vehicles, an increase of 57.6% year-on-year. XPeng delivered 15,256 vehicles, a decrease of 50% year-on-year. Geely's new energy vehicle sales reached 117,500 units, accounting for 57% of total sales. BYD delivered 190,000 vehicles, a significant drop of 41% year-on-year Chinese electric vehicle companies announced February data, with Leapmotor (9863) increasing by 11% year-on-year to 28,067 units; Xiaomi (1810) saw a monthly decrease of 48% in vehicle deliveries. Due to multiple factors such as the Spring Festival holiday, industry off-season, and the resumption of the new energy vehicle purchase tax, the overall car market showed a general decline month-on-month. ## Leapmotor's Deliveries Increased by 11% Year-on-Year Leapmotor stated that last month's delivery reached 28,067 units, an 11% increase year-on-year, but a 12.5% decrease month-on-month. ## Xiaomi's Monthly Decrease of 50% Xiaomi's vehicle deliveries in February recorded over 20,000 units, remaining flat year-on-year but decreasing significantly by 49% month-on-month. Xiaomi indicated that it is preparing for mass production of the new generation SU7. ## Li Auto Delivered 26,000 Units in February Li Auto (2015) announced that it delivered 26,421 units in February, a slight increase of 0.6% year-on-year, but a decrease of 4.5% month-on-month; the historical cumulative delivery volume reached 1.594 million units. The company plans to launch the new generation Li Auto L9 in the second quarter. ## Nio's Year-on-Year Increase of Over 50% Nio (9866) reported that last month's delivery volume was 20,797 units, a significant increase of 57.6% year-on-year, of which 15,100 units were high-end smart electric vehicles; month-on-month deliveries fell by 25.3%. ## XPeng's Deliveries Decreased Both Year-on-Year and Month-on-Month XPeng (9868) delivered 15,256 units last month, a sharp decline of 50% year-on-year and a decrease of 23.8% month-on-month. ## Geely's New Energy Vehicle Sales Proportion Reached 57% Geely (175) sold 117,500 new energy vehicles in February, an increase of 19% year-on-year, accounting for 57% of total sales. Geely's total sales in February were 206,000 units, an increase of 1%. ## BYD Delivered 190,000 Units in February BYD (1211) sold 190,000 new energy vehicles in February, a significant drop of 41% year-on-year, with cumulative sales of 400,000 units in the first two months of this year, a year-on-year decrease of 35.8% ### Related Stocks - [01211.HK - BYD COMPANY](https://longbridge.com/en/quote/01211.HK.md) - [09863.HK - LEAPMOTOR](https://longbridge.com/en/quote/09863.HK.md) - [BYDDY.US - BYD Company](https://longbridge.com/en/quote/BYDDY.US.md) - [002594.CN - BYD](https://longbridge.com/en/quote/002594.CN.md) - [BYDDF.US - BYD Company Limited](https://longbridge.com/en/quote/BYDDF.US.md) - [09866.HK - NIO-SW](https://longbridge.com/en/quote/09866.HK.md) - [GELYY.US - Geely Auto](https://longbridge.com/en/quote/GELYY.US.md) - [09868.HK - XPENG-W](https://longbridge.com/en/quote/09868.HK.md) - [00175.HK - GEELY AUTO](https://longbridge.com/en/quote/00175.HK.md) - [02015.HK - LI AUTO-W](https://longbridge.com/en/quote/02015.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Leapmotor Feb deliveries hit by holiday, eyes A10 SUV launch | Leapmotor delivered 28,067 vehicles in February, a 10.99% year-on-year increase but a 12.45% month-on-month decline due | [Link](https://longbridge.com/en/news/277336081.md) | | BYD boosts Dynasty lineup with Yuan Up discount and Qin Plus 7-year loan offer | BYD has expanded its promotions to the Dynasty lineup, offering a limited-time subsidy of 5,000 yuan ($729) for the Yuan | [Link](https://longbridge.com/en/news/277274563.md) | | BYD cuts EV prices (again) with new 0% interest offer and daily payments for less than $5 | BYD has launched a New Year promotion in response to declining sales, offering 0% interest for three years and daily pay | [Link](https://longbridge.com/en/news/276909667.md) | | Nio surpasses 70,000 deliveries for 3rd-gen ES8 SUV | Nio Inc has surpassed 70,000 deliveries of its third-generation ES8 SUV, achieving this milestone less than a month afte | [Link](https://longbridge.com/en/news/277155546.md) | | Li Auto joins EU lobbying body, betting on European market expansion | Li Auto has joined the China Chamber of Commerce to the EU (CCCEU) as a full member, participating in its automotive wor | [Link](https://longbridge.com/en/news/276674239.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.