The business just provides SUVs right now, and sells them in a greater price variety than Xpengs cars.While Nio plans to deliver a sedan to consumers early next year, Xpeng launched its P7 sedan last year, which has actually accounted for a growing share of shipments versus its G3 SUV. Xpeng plans to release another sedan later on this year.Li Auto, another Chinese electrical vehicle company listed in the U.S., offered the least expensive forecast of the 3 start-ups, at 10,500 to 11,500 shipments for the very first quarter.Despite the attention on start-ups like Nio and Xpeng, older automakers Tesla and BYD are currently selling electric automobiles in China at a far higher scale. In January alone, Tesla offered more than 14,500 China-made Model Threes and BYD more than 7,200 of its Han design, according to figures from the China Passenger Car Association released Tuesday.After surging in 2020, shares of U.S.-listed electrical car companies have fallen in the last two months in the middle of the U.S. stock markets unstable start to the year.Shares of Xpeng fell nearly 4% over night and are down more than 35% for the year so far.Nio fell 7.6% over night and is down more than 25% year to date.Li Auto shares fell 5% to begin the week and are down 26% for the year so far.Tesla shares fell more than 5% in Mondays session and are down 20% for the year so far.Autonomous driving softwareAs Nio, Tesla and other cars and truck companies race to develop self-driving innovation, Xpeng began rolling out its autonomous driving software application to some premium P7 sedan clients this year.

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