# Xiaomi EV

NIO Surges as Rivals Falter: The Great Realignment of China’s Electric Vehicle Trio

May 2026 delivery data shows NIO pulling ahead of its traditional rivals with 62% growth, while Li Auto and XPeng suffered year-on-year declines. The results underscore a period of intense market reshuffling as new entrants like Xiaomi and sub-brands like Onvo redefine the competitive hierarchy.