The number of failures per 100 new Nio vehicles is 49, well below the industry average of 135, the latest ranking shows.

Xpeng Motors (NYSE: XPEV, HKG: 9868) was 140, worse than the industry average but better than the Chinese brand average of 149.

Among luxury car companies, BMW's number of failures per 100 new vehicles was 103, better than the industry average and ranked 13th among all brands. Mercedes-Benz was 125, and Audi's figure was not available, likely because it was above the industry average.