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China China Auto Market CPCA Electric eMobility eV Industry News Weekly Data

China NEV retail at 483,000 in 1st 4 weeks of May, flat from same period last month

In the first four weeks of May, retail sales of all passenger vehicles in China were 1,392,000 units, up 19 percent year-on-year but down 6 percent from the same period last month, according to the CPCA.

China NEV retail at 483,000 in 1st 4 weeks of May, flat from same period last month-CnEVPost

(Image credit: CnEVPost)

In the first four weeks of May, from May 1 to May 28, retail sales of passenger new energy vehicles (NEVs) in China were 483,000 units, up 82 percent year-on-year and flat compared with the same period last month, according to data released yesterday by the China Passenger Car Association (CPCA).

So far this year, China's retail sales of passenger NEVs were 2.236 million units, up 43 percent year-on-year.

Wholesale sales of passenger NEVs in China from May 1 to 28 were 550,000 units, up 81 percent year-on-year and up 1 percent from the same period in April, according to the CPCA.

So far this year, wholesale sales of passenger NEVs in China were 2.658 million units, up 49 percent year-on-year.

In the first four weeks of May, retail sales of all passenger vehicles in China were 1,392,000 units, up 19 percent year-on-year but down 6 percent from the same period last month, the CPCA said.

So far this year, cumulative retail sales of passenger cars in China were up 2 percent to 7.287 million units.

This means that the penetration of NEVs at retail in China was 34.7 percent in the first four weeks of May and 31.9 percent so far this year.

In the first week of May, May 1-7, the average daily retail sales of passenger cars in China were 54,000 units, up 67 percent from the same period last May and up 46 percent from the same period in April.

In the second week of May, from May 8 to 14, the average daily retail sales of passenger cars in China were 48,000 units, up 44 percent over the same period last May and up 6 percent over the same period in April.

In the third week of May, from May 15-21, the average daily retail sales of passenger cars in China were 48,000 units, up 15 percent from the same period last May but down 12 percent compared with the same period last month.

The average daily retail sales of passenger cars in China for the fourth week of May were 50,000 units, down 17 percent year-on-year and down 33 percent from the same period last month.

The last three days of April were the Labor Day holiday, while the last three days of May are normal sales time, so the month-end increase is still worth looking forward to, the CPCA said.

Data table: China auto sales in May 1-28

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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 May 28: Li Auto 7,100, XPeng 2,100, NIO 1,600

's cumulative sales so far this month were around 5,300 units, with the company launching and starting deliveries of the new ES6 on May 24.

For the week of May 22 to May 28, (NASDAQ: LI) sold 7,100 vehicles, continuing to lead among China's new car brands, the company said today on Weibo.

Li Auto didn't explain what that sales volume was based on, but apparently, they were insurance registrations. The company had suspended sharing those numbers earlier this month, but has now resumed sharing them.

Last week's numbers mean that Li Auto sold 25,413 vehicles from May 1 to May 28. In the first three weeks of May, Li Auto's numbers were 4,543, 6,670 and 7,100 vehicles.

Li Auto is currently untroubled by the product switch, and its founder, chairman and CEO Li Xiang said on Weibo on May 24 that the company's five-seat SUV, Li L7, is expected to reach 20,000 monthly sales in October.

All of Li Auto's models currently on sale are extended-range electric vehicles (EREVs), with the other two models being the six-seat Li L9 and Li L8.

NIO (NYSE: NIO) sold 1,600 units last week, according to figures shared by Li Auto.

This means that NIO's cumulative sales for the month through last week were about 5,300 units. NIO's numbers for the first three weeks of May were 1,100, 1,200 and 1,400 units, respectively.

NIO officially launched the new ES6 on May 24, after the wait for the model by potential consumers seemed to have been holding down its sales.

Deliveries of the new ES6 began on the evening of May 24, although the vehicles were produced by NIO in advance rather than customized by consumers to their liking.

NIO began production of the new ES6 based on designer-recommended configuration combinations, and if consumers purchase these vehicles, official deliveries will begin on May 25, according to a May 24 post on the NIO App.

Consumers who wish to customize the vehicles can lock in their orders in the NIO App, and deliveries will begin in mid-June.

(NYSE: XPEV) vehicles sold 2,100 units last week, up from 1,500 units the week before. The numbers were 870 and 1,500 in the first two weeks of May, respectively.

Since May 1, XPeng vehicles have sold 5,970 units this month.

(NASDAQ: TSLA) sold 12,800 units in China last week, up from 10,200 the week before, according to figures shared by Li Auto.

That figure for Tesla was 5,928 and 9,990 in the first two weeks of May and 38,918 cumulatively so far this month.

was at 1,900 last week, down from 2,000 the week before and up from 1,500 in the second week of May. Its numbers for the first week of May are not available.

sold 2,100 units last week, up from 1,500 the week before. That figure was 1,000 and 1,700 units in the first two weeks of May, for a cumulative total of 6,300 units so far this month.

Leapmotor sold 3,600 units last week, up from 3,000 the week before. That figure was 2,200 and 2,500 units in the first two weeks of May, and 11,300 units so far this month.

China NEV insurance registrations for week ending May 21: Li Auto 7,100, XPeng 1,500, NIO 1,400

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China Electric Electric cars eMobility eV Weekly Data

China NEV sales in the week of May 22-28: Li Auto 7100, Nio 1600, Tesla 12800

Li Auto flat, Nio 13% up, Xpeng 40% up.

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China China Auto Market CPCA Electric eMobility eV Industry News Weekly Data

China NEV retail up 13% MoM to 372,000 in 1st 3 weeks of May, CPCA data show

Retail penetration of NEVs in China was 35.6 percent in the first three weeks of May.

China NEV retail up 13% MoM to 372,000 in 1st 3 weeks of May, CPCA data show-CnEVPost

(Image credit: CnEVPost)

In the first three weeks of May -- May 1 to May 21 -- retail sales of new energy passenger vehicles in China were 372,000 units, up 109 percent year-on-year and up 13 percent from the same period last month, according to data released yesterday by the China Passenger Car Association (CPCA).

So far this year, China's retail sales of new energy passenger cars were 2.125 million units, up 44 percent year-on-year.

Wholesale sales of new energy passenger cars in China from May 1 to 21 were 361,000 units, up 81 percent year-on-year and up 10 percent from the same period in April, according to the CPCA.

So far this year, China's wholesale sales of new energy passenger vehicles are 2.469 million units, up 47 percent year-on-year.

In the first three weeks of May, retail sales of all passenger vehicles in China were 1.046 million units, up 41 percent year-on-year and up 10 percent from the same period last month, the CPCA said.

So far this year, cumulative retail sales of passenger cars in China are up 3 percent to 6.941 million units.

This means that in the first three weeks of May, China's penetration of new energy vehicles (NEVs) at retail was 35.6 percent, and the year-to-date penetration of NEVs was 31.9 percent.

In the first week of May, May 1-7, the average daily retail sales of passenger cars in China were 54,000 units, up 67 percent from the same period last May and up 46 percent from the same period in April.

In the second week of May, May 8- 14, the average daily retail sales of passenger cars in China were 48,000 units, up 44 percent over the same period last May and up 6 percent over the same period in April.

In the third week of May, May 15-21, the average daily retail sales of passenger cars in China were 48,000 units, up 17 percent from the same period last May but down 11 percent compared to the same period last month.

As price wars faded, dealers' mindsets stabilized and consumers returned to rational consumption, the CPCA said, adding that this eased wait-and-see sentiment and released pent-up demand.

Data table: China auto sales from May 1-21

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China Electric Electric cars eMobility eV Weekly Data

China NEV sales in the week of May 15-21: Li Auto 7100, Nio 1400, Tesla 10200

Weekly sales are back.

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China Electric Electric cars eMobility eV Weekly Data

China NEV sales in the week of May 15-21: Li Auto 7100, Nio 1400, Tesla 10200

Weekly sales are back.

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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 May 21: Li Auto 7,100, XPeng 1,500, NIO 1,400

This article is being updated, please refresh later for more content.

vehicles registered 10,200 insurance units in China last week, bringing the number to 26,118 for the first three weeks of May.

founder, chairman and CEO Li Xiang said last week that they had been complained about by some of their peers and therefore could not continue to share the weekly insurance registration numbers.

Interestingly, however, the company resumed sharing those numbers today to continue to show that it leads the pack among Chinese new energy vehicle (NEV) startups.

For the week of May 15 to May 21, Li Auto sold 7,100 units, far outpacing other new car brands and reigning as the weekly sales leader for new automaking brands in the Chinese market, the company said today on Weibo.

Li Auto did not explain on what basis the sales were counted, but apparently, they were insurance registrations.

Li Auto surpassed all other traditional luxury brands except Mercedes-Benz, BMW and Audi to remain in the top five luxury brands in the Chinese market in terms of sales, the highest-ranked Chinese brand on the list, it said.

In the first two weeks of May, Li Auto vehicles had 4,543 and 6,670 insurance registrations, respectively. This means that from May 1 to May 21, Li Auto sold about 18,313 vehicles.

The tables Li Auto shared today show that vehicles had 1,400 insurance registrations last week. This means that NIO had 3,700 insurance registrations for the first three weeks of May.

NIO deliveries continue to be curbed by the upcoming launch of the new ES6, with insurance registration figures of 1,100 and 1,200 in the first and second weeks of May, respectively.

NIO will officially launch the new ES6 on May 24, and its deliveries will start on May 25.

The company is getting the ES6 to market with unprecedented delivery efficiency, and as of May 20, the new ES6 show cars were available at nearly 300 NIO stores in 92 cities.

registered 1,500 insurance units last week, the same as the previous week. In the first three weeks of May, XPeng vehicles had 3,870 insurance registrations.

XPeng deliveries were also dampened by the new model G6, which is expected to officially launch and begin deliveries at the end of next month.

Insurance registrations for Tesla vehicles in China were 10,200 last week, bringing the figure to 26,118 for the first three weeks of May. The number was 5,928 and 9,990 in the first two weeks of May.

Data table: China NEV weekly insurance registrations

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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 May 21: Li Auto 7,100, XPeng 1,500, NIO 1,400

This article is being updated, please refresh later for more content.

vehicles registered 10,200 insurance units in China last week, bringing the number to 26,118 for the first three weeks of May.

founder, chairman and CEO Li Xiang said last week that they had been complained about by some of their peers and therefore could not continue to share the weekly insurance registration numbers.

Interestingly, however, the company resumed sharing those numbers today to continue to show that it leads the pack among Chinese new energy vehicle (NEV) startups.

For the week of May 15 to May 21, Li Auto sold 7,100 units, far outpacing other new car brands and reigning as the weekly sales leader for new automaking brands in the Chinese market, the company said today on Weibo.

Li Auto did not explain on what basis the sales were counted, but apparently, they were insurance registrations.

Li Auto surpassed all other traditional luxury brands except Mercedes-Benz, BMW and Audi to remain in the top five luxury brands in the Chinese market in terms of sales, the highest-ranked Chinese brand on the list, it said.

In the first two weeks of May, Li Auto vehicles had 4,543 and 6,670 insurance registrations, respectively. This means that from May 1 to May 21, Li Auto sold about 18,313 vehicles.

The tables Li Auto shared today show that vehicles had 1,400 insurance registrations last week. This means that NIO had 3,700 insurance registrations for the first three weeks of May.

NIO deliveries continue to be curbed by the upcoming launch of the new ES6, with insurance registration figures of 1,100 and 1,200 in the first and second weeks of May, respectively.

NIO will officially launch the new ES6 on May 24, and its deliveries will start on May 25.

The company is getting the ES6 to market with unprecedented delivery efficiency, and as of May 20, the new ES6 show cars were available at nearly 300 NIO stores in 92 cities.

registered 1,500 insurance units last week, the same as the previous week. In the first three weeks of May, XPeng vehicles had 3,870 insurance registrations.

XPeng deliveries were also dampened by the new model G6, which is expected to officially launch and begin deliveries at the end of next month.

Insurance registrations for Tesla vehicles in China were 10,200 last week, bringing the figure to 26,118 for the first three weeks of May. The number was 5,928 and 9,990 in the first two weeks of May.

Data table: China NEV weekly insurance registrations

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China China Auto Market CPCA Electric eMobility eV Industry News Weekly Data

China NEV retail up 101% YoY in May 1-14, CPCA data show

As price wars fade and consumer wait-and-see sentiment eases, pent-up demand has been released, the CPCA said.

China NEV retail up 101% YoY in May 1-14, CPCA data show-CnEVPost

(Image credit: CnEVPost)

Sales of new energy vehicles (NEVs) in China doubled in the first two weeks of May compared with the same period last year and also showed significant growth over the same period in April, although the Labor Day holiday at the beginning of the month may have brought some shock.

From May 1 to 14, China's retail sales of new energy passenger vehicles were 217,000 units, up 101 percent year-on-year and up 17 percent from the same period last month, according to data released today by the China Passenger Car Association (CPCA).

So far this year, China's retail sales of new energy passenger cars were 2.06 million units, up 41 percent year-on-year.

From May 1 to 14, wholesale sales of new energy passenger vehicles in China were 193,000 units, up 69 percent year-on-year and up 13 percent from April, according to the CPCA.

So far this year, wholesale sales of new energy passenger vehicles are up 32 percent year-on-year to 2.11 million units.

In the first two weeks of May, retail sales of all passenger vehicles in China were up 55 percent to 706,000 units, up 24 percent from the same period last month, the CPCA said.

So far this year, retail sales of passenger cars in China were up 3 percent to 6.6 million units.

This means that the penetration of NEVs at retail in China was 30.73 percent in the first two weeks of May and 31.20 percent so far this year.

In the first week of May -- May 1-7 -- the average daily retail sales of passenger cars in China were 54,000 units, up 67 percent from the same period last year and up 46 percent from the same period in April.

In the second week of May -- May 8-14 -- average daily retail sales of passenger cars were 47,000 units, up 44 percent year-on-year and up 5 percent from the same period in April.

As price wars faded, dealers' mindsets stabilized and consumers returned to rational spending, the CPCA said, adding that this eased wait-and-see sentiment and released pent-up demand.

During the Labor Day holiday, some local governments and manufacturers provided temporary subsidies, which helped the auto market grow in early May, and new orders from the holiday are expected to be released gradually, the CPCA said. This year, China's Labor Day holiday was from April 29 to May 3.

CPCA weekly data: NEV retail sales for 1st 2 weeks of May at 217,000

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China NEV insurance registrations for week ending May 14: BYD 46,892, Tesla 9,990, NIO 1,200

NIO's sales appear to continue to be dampened by the upcoming new ES6, as potential consumers may be waiting for this more cost-effective SUV.

The main channels that previously shared weekly auto insurance registrations in China stopped sharing these numbers, but multiple reliable sources that we track on a daily basis shared last week's numbers.

For the week of May 8 to May 14, insurance registrations for all passenger vehicles in China were 365,000, up 43.5 percent year-on-year, but down 11.8 percent from the previous week.

Insurance registrations for conventional internal combustion engine vehicles were 245,000 last week, up 29.8 percent year-on-year but down 20.3 percent from the previous week.

New energy vehicles (NEVs) were 120,000 units last week, up 82.7 percent year-on-year and 12.8 percent from the previous week.

In terms of NEV insurance registrations, BYD (OTCMKTS: BYDDY) continues to hold the distant lead with 46,892 units last week, up from 45,789 units the week before.
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During the week of May 1 to May 7, the first three days were the Labor Day holiday in China, although May 6 was a Saturday but a weekday. The holiday ran from April 29 to May 3.

(NASDAQ: TSLA) registered 9,990 insurance units in China last week, up from 5,928 the week before.

NIO (NYSE: NIO) had 1,200 insurance registrations last week, up from 1,100 the week before. These numbers are not precise to the single digit, as the sources tracked by CnEVPost did not share more detailed figures.

NIO's sales appear to be continuing to be dampened by the upcoming new ES6, as potential consumers may be waiting for the more cost-effective SUV.

The company announced yesterday that the new ES6 will be officially launched on May 24, with test drives available on the same day and deliveries to begin on May 25.

This will be its fastest model from launch to delivery, perhaps because of the lessons learned from the long waiting period for models including the ET5 that led to the loss of potential orders.

The continued product switchover led to months of sluggish NIO deliveries, which fell further to 6,658 vehicles in April. The company will report first-quarter earnings on June 9, when it is expected to provide guidance on second-quarter deliveries.

(NASDAQ: LI) continued its strong trend with 6,670 insurance registrations last week, up from 4,543 the previous week.

Li Auto is currently untroubled by product switches and its three models are competitive compared to their class, allowing it to maintain strong sales.

To show off that it is leading the pack of new car makers, Li Auto has shared weekly insurance registration figures for the past two months, but stopped sharing them this month.

On May 15, Li Auto founder, chairman and CEO Li Xiang said on Weibo that their sharing of weekly data was complained about by some of their peers, so they were unable to continue sharing them.

Li Auto guided for second-quarter deliveries between 76,000 and 81,000 vehicles when it reported first-quarter earnings on May 10. Considering it delivered a record 25,681 vehicles in April, that guidance means it expects to deliver a total of 50,319 to 55,319 vehicles in May and June.

XPeng (NYSE: XPEV) had 1,500 insurance registrations last week, up from 870 the week before.

XPeng, similar to NIO, is facing a product switch, with potential consumers perhaps watching the upcoming launch of the new SUV G6.

It previously said the G6 would be officially launched and delivered by the end of the second quarter, with a price range of RMB 200,000 ($28,660) - RMB 300,000.

XPeng's monthly sales target for the G6 is two to three times that of the P7, its chairman and CEO He Xiaopeng said during a March 17 analyst call after the company announced its fourth-quarter earnings.

XPeng delivered 7,079 vehicles in April, down 21.36 percent from 9,002 a year ago but up 1.1 percent from 7,002 in March.

It will report first-quarter earnings on May 24, when it is expected to provide guidance on second-quarter deliveries.

($1=RMB 6.9787)

Data table: China NEV weekly insurance registrations

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