The CPCA expects China's retail sales of NEVs to reach 1.4 million units in December, the fifth consecutive month above 1 million units.
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The CPCA expects China's retail sales of NEVs to reach 1.4 million units in December, the fifth consecutive month above 1 million units.
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China's EV battery installations were 67.2 GWh in November, up 49.7 percent year-on-year and up 13.5 percent from October.
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Mona M03 deliveries exceeded 10,000 for the third consecutive month, contributing 38.72 percent of Xpeng's deliveries in November.
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Domestic NEV sales in November reached a record high for the third consecutive month at 1,429,000 units, according to data from the CAAM.
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Model Y retail sales in China were up 23.12 percent in November from October, Model 3 sales were the highest since September 2022.
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Sequential decreases in deliveries of Nio's main-selling models weighed on its performance in November.
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In the January-November period, BYD ranked first in China's NEV market with a 34.5 percent share, while Tesla ranked third with a 6.0 percent share.
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Tesla sold 73,490 vehicles in China in November, its highest month of this year. Giga Shanghai's exports in November were the lowest since June 2022 at 5,366 units.
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Retail sales of NEVs in China exceeded 1 million for the fourth consecutive month in November, although penetration declined sequentially for the third time in a row.
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CATL and BYD continued to hold the top two positions as the world's largest battery makers in the January-October period, both increasing their share slightly from January-September.
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