Jun. 1 at 4:55 PM
Same market. Same month. Opposite results.
$NIO May: +62.3% year-over-year.
$LI May: -18.4% year-over-year.
$XPEV May: +4% month-over-month. Neutral.
Three Chinese EV companies. Three different structures.
The difference isn’t the market. It’s product mix, launch momentum, and the price zone where each one competes.
$NIO accelerated with ES8, ES9, and ONVO L80.
$LI launched the new L9 — but the refresh cycle arrived late.
The market doesn’t reward the sector. It rewards execution within the sector.
