Li Auto delivered 48,122 vehicles in August, down 5.64 percent from July but up 37.83 percent year-on-year.
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Category: Monthly Data
China's NEV retail penetration is set to exceed 50 percent for the second consecutive month and reach a new record high of 53.2 percent.
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In the January-July period, BYD was No. 1 in the NEV market by retail with a 34.1 percent share, while Tesla was No. 3 with a 6.5 percent share.
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CATL's share increased by 2.24 percentage points in July compared to June, while BYD decreased by 2.49 percentage points.
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China's BEV sales in July stood at 551,000 units, down 10 percent from June, while PHEV sales grew to a new record high of 438,000 units.
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China's retail penetration of NEVs reached a record 51.1 percent in July, the first time it has exceeded the 50 percent mark, meaning that for the first time, NEVs overtook conventional gasoline vehicles in new car sales.
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Tesla's July sales in China decreased by 21.99 percent from 59,261 in June as exports from its Shanghai factory increased by 137.44 percent.
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China's NEV penetration at retail stood at 50.84 percent in July, the first time in history it has exceeded 50 percent, according to preliminary CPCA data.
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CATL and BYD continued to hold the top two positions as the world's largest battery makers in the first half of 2024, both increasing their share slightly from January-May.
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July was traditionally a slow production season, while a lack of demand and extreme weather in some regions led to overall weakness in the auto market, according to the CPCA.
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