As of now, all provinces in China have implemented the car replacement subsidy policy and brought a new wave of growth momentum to the automative market, the CPCA said.
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Category: Monthly Data
Tesla sold fewer China-made vehicles last month, ending a previous three-month streak of sequential gains.
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Song family models continued to rank as the top-selling BYD models with record sales of 114,938 vehicles in October.
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BYD sold 189,614 passenger BEVs in October, up 14.57 percent year-on-year, and 310,912 PHEVs, the eighth consecutive record high since March, up 129.30 percent year-on-year.
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The deliveries consisted of 16,657 vehicles from the Nio brand, and 4,319 vehicles from the company’s family-oriented smart electric vehicle brand Onvo.
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In the January-October period, Li Auto delivered 393,255 vehicles, up 38.16 percent year-on-year.
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In the January-October period, Xpeng delivered 122,478 vehicles, up 20.73 percent year-on-year.
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Zeekr today announced incentives including 0 down payment, zero-interest financing, and a new, lower-priced variant for the Zeekr X.
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Leapmotor's single-month order book for October exceeded 42,000 vehicles, also a record high, with more than 10,000 new orders for the C10, C11 and C16 models.
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In October, retail sales of passenger NEVs in China are expected to be at 1.15 million units, up 49 percent year-on-year and up 2.4 percent compared with September, according to estimates released today by the CPCA.
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