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China Deliveries Electric eMobility eV Li Auto Li L7

Li Auto sees Li L7 cumulative deliveries exceed 50,000

As of July 19, a total of 8,208 units of the Li L7 have been delivered this month, Li Auto said.

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China Electric eMobility eV Li Auto Li Auto Global

Li Auto to stay away from overseas markets until 2025 despite some vehicles being privately exported

In the first two weeks of July, more than 200 Li Auto vehicles were privately exported to destinations dominated by Central Asia and the Middle East, its CEO said.

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China Deliveries Electric eMobility eV EV Data Insurance Registrations Li Auto Neta Nio Tesla Weekly Data XPeng

China NEV insurance registrations for week ending Jul 16: Tesla 10,000, Li Auto 7,700, Nio 3,900, Xpeng 2,100

Between July 1 and 16, Nio sold 8,000 units, Li Auto 16,900 and Xpeng 3,500 units.

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China Electric eMobility eV Industry News Li Auto Nio Smart Driving

Over 60% of NEVs sold in China in Q1 fitted with L2 driver assistance systems, Canalys says

A total of 13 percent of NEVs were equipped with more advanced L2+ driver assistance systems, with Li Auto and Nio contributing about half of that total.

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China Electric eMobility eV He Xiaopeng Li Auto Li Xiang Nio William Li XPeng

Nio, Xpeng, Li Auto CEOs pose for rare photo amid intensifying competition among China’s EV trio

They were last pictured together on June 6, 2020, when Nio, Xpeng, and Li Auto were all struggling to boost sales.

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China Electric eMobility eV Li Auto Li Auto Plant

Li Auto files to produce 3 existing models at new Beijing plant as capacity shortage becomes sales bottleneck

In early June, a media report said Li Auto's Beijing plant is expected to be completed and start production in August.

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China Electric eMobility eV Insurance Registrations Li Auto Weekly Data XPeng

Li Auto responds to Xpeng execs’ doubts about weekly sales rankings

Li Auto said the data it shares are obtained in a legal, compliant manner from sources common to the auto industry.

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China Electric eMobility eV EV Data Li Auto Li L7 Monthly Data

Li Auto Jun sales breakdown: Li L7 contributes 40% with 13,107 units

Li L8 sold 9,618 units and Li L9 at 8,451 units in June, contributing 29.53 percent and 25.94 percent respectively.

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China Deliveries Electric eMobility eV EV Data Insurance Registrations Li Auto Neta Nio Tesla Weekly Data XPeng

Chinese NEV insurance registrations for week ending Jul 9: Li Auto 7,900, Tesla 3,200, Nio 3,100

Tesla sold 3,200 units last week, Nio 3,100 and Xpeng 1,200.

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BYD CAAM China Electric eMobility eV Industry News Li Auto Nio Tesla XPeng

Carmakers, including Tesla, BYD, Nio, Xpeng, Li Auto, pledge to jointly maintain order in China auto market

These car companies have pledged to regulate their marketing activities and not to disrupt the order of fair competition in the market with abnormal prices.

(Image credit: CnEVPost)

More than 10 car companies, including major electric vehicle (EV) startups, have pledged to jointly maintain a fair market order in China's auto market, at a time when the EV industry is growing rapidly.

At the 2023 China Auto Forum in Jiading, Shanghai, today, the China Association of Automobile Manufacturers (CAAM) and 16 major automakers signed a pledge to uphold fair market order in the automotive industry.

This is to maintain a good auto market order, jointly create a good consumer environment, and actively stabilize and promote auto consumption, they said at the conference.

The car companies that signed the commitment include:

China FAW, Dongfeng Motor, SAIC, Changan Automobile, BAIC, GAC, China National Heavy Duty Truck, Chery, JAC, , Great Wall Motor, , , , , and .

The following is the main content of the commitment letter:

First, we will abide by the rules and regulations of the industry, regulate marketing activities, maintain a fair competition order, and not disrupt the fair competition order of the market with abnormal prices.

Second, we will pay attention to marketing methods, will not exaggerate or conduct false marketing, not to mislead consumers to attract attention and increase customer acquisition.

Third, we will put quality first, use quality-oriented, high-quality products and services to meet the people's needs for a better life.

Fourth, we will actively fulfill our social responsibility, and take an active role in helping to stabilize economic growth, increase confidence and prevent risks, and work together to make a contribution to national economic growth.

It should be noted that the commitment is self-regulatory and not legally binding, and it was signed after the price war at the beginning of the year and the emergence of a war of words between several EV companies and their supporters.

Since early March, a rare price war has erupted in China's auto industry, which has not boosted sales but has instead triggered a wait-and-see mood among consumers, resulting in car sales not seeing an increase.

On March 22, the CAAM called for the hype about price cuts in China's auto industry to cool down to return the industry to normal operation and ensure healthy and stable development of the industry throughout the year.

After that, the price war in China's auto industry gradually subsided.

It is worth noting that although these car companies pledged today not to disrupt the fair order with abnormal prices, it does not mean that they cannot cut prices when facing future challenges.

Local brands expected to capture over 50% of China's auto market for 1st time this year, AlixPartners says

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