Major Chinese electric-vehicle companies reported double-digit gains for their December deliveries led by XPeng (XPEV), which also exceeded its fourth-quarter delivery target.

XPeng delivered 36,695 of its smart electric vehicles last month, reflecting an 82% jump from the prior year, and a 19% increase from November, it said Wednesday. Deliveries of the automaker's MONA M03 and P7+ models surpassed 15,000 and 10,000 units, respectively.

The company delivered 91,507 vehicles in the fourth quarter, up 52% year over year and above its guidance range of 87,000 to 91,000 units. In 2024, XPeng delivered 190,068 vehicles, up 34% annually.

Nio (NIO) delivered a "new monthly high" of 31,138 vehicles in December, up 73% from last year. It delivered 20,610 of its premium smart EVs and 10,528 of its family-oriented smart EV brand, ONVO. Nio's fourth-quarter deliveries rose 45% year over year to 72,689 vehicles, representing a "quarterly record."

The EV maker's vehicle deliveries totaled 221,970 in 2024, up 39% from the prior year. Nio said deliveries of its ET9 electric vehicle are expected to begin in March, while the launch of its Firefly model is anticipated in April.

Li Auto's (LI) EV deliveries reached 58,513 units in December, up 16% year over year. The company previously disclosed vehicle distributions of 51,443 and 48,740 units in October and November, respectively. At the end of October, the company said it expected fourth-quarter vehicle deliveries to be in a range of 160,000 to 170,000 units.

For the full year 2024, Li Auto delivered 500,508 vehicles, compared with 376,030 vehicles it delivered in 2023.