Multiple Automakers Release March Delivery Figures: Leapmotor Rebounds to 50,000 Units, Faraday Future Projects Positive Net Assets by 2025

On April 1, multiple automakers released their latest production and delivery figures. Leapmotor delivered 50,029 vehicles in March, surpassing the 50,000 mark again; Li Auto delivered 41,053 units in March, bringing its total deliveries for the first quarter to 95,142; XPeng delivered 27,415 vehicles in March, an 80% increase from February; Voyah delivered 15,019 units, up 50.1% year-over-year; Xiaomi Auto delivered over 20,000 vehicles in March, with more than 7,000 SU7 units delivered within 10 days of its launch; GAC Toyota reported March sales of 66,127 units, a 19.3% year-over-year increase. Additionally, Faraday Future released its fiscal year 2025 results, reporting a return to positive net assets of $7.7 million; SAIC Motor posted a net profit of RMB 10.11 billion for 2025, a surge of 506.5% year-over-year. Lithium battery companies Tianqi Lithium and Ganfeng Lithium also both returned to profitability.