The Duck Curve#geely
Leapmotor hits 106,127 in October as NIO and Li Auto deliveries fall
Leapmotor delivered a record 106,127 vehicles in October 2026 and XPeng a record 50,237, while Xiaomi reported more than 50,000. NIO's 34,246 and Li Auto's 29,025 were down about 15% and 9% from October 2025 by our arithmetic; Geely's Zeekr brand rose about 52% to 32,483.
Geely agrees to take 30% of NIO Power for Yiyi Power plus RMB640 million
NIO Inc. said in a Hong Kong Stock Exchange filing on September 28, 2026 that, subject to closing conditions, a Geely Holding Group subsidiary will subscribe for newly issued equity of NIO Power with its 100% stake in Yiyi Power plus RMB640 million in cash, holding 30.0% at completion at a post-money valuation of approximately RMB16 billion; NIO China keeps a controlling 63.6%. Under the same conditions, NIO China will take 10.0% of Geely's charging arm, Haohan Energy. The filing calls plans for battery swapping on Geely consumer-facing models and commercial mobility businesses preliminary.
Geely says new station peaks at 2,250 kW, test cars took 4.5 minutes to 70%
Geely Auto Group said on September 23, 2026 it introduced Geely Smart Charging, an AI-managed charging system, alongside a fifth-generation Geely Smart Charging Station it says delivers peak charging power of up to 2,250 kW. In tests it calls real-world, the battery used in the Lynk & Co 10 and Zeekr 001 charged from 10% to 70% in 4 minutes 30 seconds and from 10% to 97% in 8 minutes 40 seconds. The release names no pack capacity, test temperature or price; CnEVPost puts BYD's flash charger at a maximum of 1,500 kW per connector and its network at 11,586 stations in China as of September 24.
