RTTNews | Dec 1, 2021 06:55AM EST

06:55 Wednesday, December 1, 2021 (RTTNews.com) - Shares of Chinese electric vehicle companies XPeng Inc. (XPEV) and NIO Inc. (NIO) are moving up in pre-market following November delivery results.

XPeng delivered 15,613 Smart EVs in November, a 270% increase year-over-year, despite supply chain issues.

The company delivered 7,839 P7 smart sports sedans, a 187% growth year-over-year, 2,154 P5 smart family sedan, launched in September 2021, and 5,546 G3i smart SUV, launched in July 2021.

As of November 30, 2021, year-to-date total vehicle deliveries reached 82,155, a 285% increase year-over-year, XPeng said.

XPeng stock is more than 4% up in pre-market at $57.40. It closed Tuesday's regular trade at $55, up $3.64, or 7.09%.

NIO delivered 10,878 vehicles in November 2021, a 105.6% year-over-year growth.

The deliveries included 2,683 ES8, six- or seven-seater SUV, 4,713 ES6, five-seater SUV, and 3,482 EC6, five-seater coupe SUV.

NIO has delivered 80,940 vehicles year-to-date in 2021, an increase of 120.4% year-over-year.

NIO stock is more than 4% up in pre-market at $40.70. It closed Tuesday's trade at $39.13, down $1.33 or 3.29%.

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