In the first two weeks of July, China's NEV penetration at retail stood at 38.9 percent, with year-to-date penetration at 32.8 percent.
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Between July 1 and 16, Nio sold 8,000 units, Li Auto 16,900 and Xpeng 3,500 units.
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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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In the first week of July, China's NEV penetration at retail stood at 36.5 percent, with year-to-date penetration at 32.55 percent.
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Tesla sold 3,200 units last week, Nio 3,100 and Xpeng 1,200.
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The Tesla Model Y was the best-selling new energy SUV and the Model 3 was the best-selling new energy sedan in China last week.
Li Auto (NASDAQ: LI) yesterday shared the insurance registrations of some of the car companies last week to showcase its leadership among the new car-making brands.
Local auto media outlet Dongchedi then shared the rankings they produced, providing more details.
It should be noted that the two shared slightly different data on a few of the car companies' numbers, although the differences were minor, which may have to do with their rounding practices.
In the week between June 26 and July 2, BYD (OTCMKTS: BYDDY) had the highest number of new energy vehicle (NEV) insurance registrations in China at 54,000, according to what Dongchedi shared.
Tesla was in second place at 17,300 units. Tesla was 17,400 units in the data shared by Li Auto yesterday.
GAC Aion was in third place with 11,600 units last week, and Li Auto was fourth with 6,500 units.
Volkswagen's NEV sales were 3,900 units last week, ranking 8th, according to Dongchedi.
When considering only Chinese brands, BYD, GAC Aion and Li Auto were the top three, with Nio (NYSE: NIO) in sixth place.
The Tesla Model Y was the best-selling new energy SUV in China last week with 10,800 units sold. BYD Yuan Plus and BYD Song Plus DM-i were second and third, respectively, with 6,200 and 5,700 units sold.
Li Auto's Li L7 sold 2,800 units last week, ranking 7th.
Nio's ES6 was No. 10 at 1,900 units. The new ES6 was officially launched on May 24 and still seems to be in the capacity ramp-up phase.
The Tesla Model 3 sold 6,400 units last week and was the best-selling new energy sedan in China, according to data shared by Dongchedi.
BYD Dolphin came in second with 6,100 units and GAC Aion S was third with 6,000 units.
China NEV insurance registrations for week ending Jul 2: Tesla 17,400, Li Auto 6,500, Nio 4,100
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Nio's sales of 4,100 units last week are second only to Li Auto in the table.
Li Auto (NASDAQ: LI) shares last week's sales of major new car makers in China, showing how it and its major peers fared.
For the week of June 26 to July 2, Li Auto sold 6,500 units, continuing to top the sales chart for China's new car-making brands, the company said today on Weibo.
Li Auto did not explain on what basis the weekly sales were measured, but apparently they were insurance registrations. The company had suspended sharing those numbers in May, but has since resumed sharing them.
In June, Li Auto exceeded 30,000 monthly deliveries for the first time, making it the fifth luxury brand to exceed 30,000 monthly deliveries after Mercedes-Benz, BMW, Audi and Tesla, and the only Chinese luxury brand among them, it said.
In July, Li Auto will challenge higher sales targets to become the luxury car brand of choice for more families, the company said.
Li Auto released data on July 1 showing it delivered a record 32,575 vehicles in June, the first time it has surpassed the 30,000 mark.
In the second quarter, Li Auto delivered 86,533 vehicles, up 201.65 percent year-on-year and up 64.56 percent from the first quarter, exceeding the upper end of its previously provided guidance range of 76,000 to 81,000 vehicles.
In the first half of the year, Li Auto delivered 139,117 vehicles, up 130.31 percent year-on-year, surpassing last year's full-year deliveries of 133,246.
Nio (NYSE: NIO) sold 4,100 units last week, second only to Li Auto among China's new car-making brands.
Nio delivered 10,707 vehicles in June, up 73.96 percent from 6,155 in May, although down 17.39 percent from 12,961 in the same month last year.
The deliveries included 6,383 SUVs, and 4,324 sedans, Nio said on July 1, without disclosing figures for specific models.
In the second quarter, Nio delivered 23,520 vehicles, down 6.14 percent from a year ago and down 24.23 percent from the first quarter. The deliveries were slightly above the lower end of the guidance range it provided on June 9 of 23,000 to 25,000 vehicles.
In the first half of the year, Nio delivered 54,561 vehicles, an increase of 7.35 percent year-on-year.
Nio's delivery rebound in June was helped by the start of deliveries of several new models, especially the new ES6.
The company launched the new ES6, based on the NT 2.0 platform, in China on May 24, with deliveries starting on launch night.
On June 15, Nio launched the ET5 Touring in China, with deliveries starting on June 16.
On June 28, Nio began deliveries in China for the new ES8, the flagship SUV launched on Nio Day 2022 on December 24, 2022.
Tesla (NASDAQ: TSLA) sold 17,400 units last week, ranking fourth among premium brands, according to the table shared by Li Auto.
The top-selling premium brands in China last week continued to be German luxury brands BMW, Audi and Mercedes-Benz, with 20,800, 20,500 and 19,600 respectively.
Li Auto was No. 6 in premium brand sales, behind Cadillac. Nio was No. 9, behind Volvo and Lexus.
Leapmotor was at 3,400 last week, Neta at 3,200, Zeekr at 3,100 and Xpeng (NYSE: XPEV) at 2,700.
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Retail penetration of NEVs in China was 36.92 percent from June 1 to June 25, and 32.50 percent year-to-date.
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From June 1 to June 25, retail sales of passenger new energy vehicles (NEVs) in China were 500,000 units, up 13 percent year-on-year and up 15 percent from the same period last month, according to data released today by the China Passenger Car Association (CPCA).
So far this year, retail sales of passenger NEVs in China were 2.92 million units, up 35 percent year-on-year.
From June 1 to June 25, wholesale sales of passenger NEVs in China were 534,000 units, up 14 percent year-on-year and up 14 percent from the same period last month, according to the CPCA.
Wholesale sales of passenger NEVs so far this year were 3,317,000 units, up 40 percent year-on-year.
Between June 1 and June 25, retail sales of all passenger vehicles in China were 1.35 million units, down 1 percent year-on-year while up 9 percent from the same period last month, the CPCA said.
So far this year, cumulative retail sales of passenger cars in China were up 3 percent to 8.986 million units.
This means that from June 1 to June 25, the penetration of NEVs at retail in China was 36.92 percent, and 32.50 percent year-to-date.
In the first week of June -- June 1-4 -- the average daily retail sales of passenger cars in China were 31,000 units, down 9 percent from a year ago and 42 percent lower than the same period last month.
In the second week of June -- June 5 to 11 -- average daily retail sales of passenger cars were 43,000 units, down 10 percent year-on-year and down 14 percent compared to the same period in May.
In the third week of June -- June 12 to 18 -- average daily retail sales of passenger cars were 58,000 units, down 2 percent year-on-year, but up 21 percent compared to the same period in May.
In the fourth week of June -- June 19-25 -- average daily retail sales of passenger cars were 75,000 units, up 9 percent year-on-year and up 53 percent compared to the same period in May.
China began halving purchase taxes on mainstream internal combustion engine vehicles last June, causing sales to shift toward the beginning of the month, the CPCA said. The policy was not renewed when it expired at the end of last year.
By comparison, June is a normal sales month this year, so a dip at the beginning of the month is normal, the CPCA said.
Notably, China saw campaigns to promote auto consumption during this month, which, combined with dealers facing semi-annual performance reviews, is helping support June auto sales, according to the CPCA.
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Nio sold 8,000 units between June 1 and June 25. Its previous guidance implied 10,187-12,187 vehicles would be delivered in June.
For the week of June 19 to June 25, Li Auto (NASDAQ: LI) sold 7,500 units, continuing to lead among China's new car-making brands, the company said today on Weibo.
As of June 25, Li Auto has sold 27,300 units this month and is on track to reach its 30,000-unit monthly sales goal, it said.
Li Auto didn't explain what that weekly sales tally was based on, but apparently they are insurance registrations. The company had suspended sharing those numbers in May, but has since resumed sharing them.
Nio (NYSE: NIO) sold 3,200 units last week and 8,000 units from June 1 to June 25, according to figures shared by Li Auto.
Notably, June 22 to June 24 was a three-day Dragon Boat Festival holiday, and June 25 was a Sunday, but a working day after the holiday.
Nio's weekly sales have continued to grow over the past three weeks, as deliveries of new models began. It was 1,500 units in the week of June 5 to June 11 and 2,000 units in the week of June 12 to June 18.
Nio officially launched the new ES6 on May 24 and the ET5 Touring on June 15.
Deliveries of the new ES6 began on the night of the launch on May 24, and deliveries of the ET5 Touring began on June 16.
In addition to these two new models, Nio will also begin deliveries of the new ES8 on June 28, which was launched on Nio Day 2022 on December 24, 2022.
When Nio reported first-quarter earnings on June 9, it guided for second-quarter deliveries of between 23,000 and 25,000 vehicles, meaning it expects to deliver between 10,187 and 12,187 vehicles in June.
On June 20, Nio signed a share subscription agreement with Abu Dhabi-based investment firm CYVN Holdings, which will invest a total of about $1.1 billion in it.
Tesla (NASDAQ: TSLA) sold 16,700 units in China last week and 57,300 units from June 1 to June 25, according to figures shared by Li Auto.
In the two weeks prior to last week, Tesla sold 16,400 units and 14,500 units respectively in China.
From June 1 to June 25, Tesla was the top-selling premium brand in China, surpassing Mercedes-Benz's 52,100 units and above Audi's 51,600 units, according to a table by Li Auto.
On June 16, Tesla announced that Chinese consumers who purchase and take delivery of an already produced rear-wheel drive version of the Model 3 this month will receive an insurance subsidy of RMB 8,000 ($1,110).
Xpeng (NYSE: XPEV) sold 2,600 units last week and 6,400 units from June 1 to June 25.
Xpeng began pre-sales of the G6 on June 9 at a price starting at RMB 225,000, significantly lower than the Tesla Model Y's starting price of RMB 263,900 in China.
The Xpeng G6 received more than 25,000 orders within 72 hours of the start of the pre-sale, the company announced on Weibo on June 12.
The G6 show cars were already available at Xpeng stores, and the model will officially go on sale June 29 with deliveries starting in July, the company said earlier this month.
Leapmotor sold 3,100 units last week and 10,600 units from June 1 to June 25.
On June 20, Leapmotor announced that it had reached 200,000 cumulative deliveries since its inception.
Leapmotor delivered 12,058 vehicles in May and had 192,962 cumulative deliveries by the end of May, according to data monitored by CnEVPost.
Zeekr sold 2,600 units last week and 6,900 units between June 1 and June 25. It began deliveries of its third model, the Zeekr X, on June 12.
Denza sold 2,400 units last week, and 8,300 units from June 1 to June 25.
Denza, which currently has only the Denza D9 MPV on sale, will officially launch the Denza N7 on July 3, its first SUV since the rebranding last year.
The Denza N7 is aimed at the market for traditional internal combustion engine vehicles priced around 400,000 yuan, an executive said earlier.
Neta sold 1,900 units last week and 6,700 between June 1 and June 25.
A total of 4,000 Neta EVs were shipped abroad, the latest new batch after 3,600 were sent to overseas markets in March, the company said on June 6.
Great Wall Motor's Wey brand sold 1,500 units last week and 5,000 units from June 1 to June 25.
Changan Automobile's NEV subsidiary Deepal sold 1,500 units last week and 4,900 units from June 1 to June 25.
Huawei-backed Aito sold 1,200 units last week, and 3,200 units from June 1 to June 25.
($1 = RMB 7.2181)
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So far this year, China's retail sales of passenger NEVs were 2,741,000 units, up 35 percent year-on-year.
(Image credit: CnEVPost)
From June 1 to June 18, retail sales of passenger new energy vehicles (NEVs) in China were 320,000 units, up 1 percent year-on-year and up 5 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 passenger NEVs were 2.74 million units, up 35 percent year-on-year.
From June 1 to June 18, wholesale sales of passenger NEVs in China were 308,000 units, down 8 percent year-on-year and up 7 percent from the same period last month, according to the CPCA.
So far this year, wholesale sales of passenger NEVs were 3.09 million units, up 38 percent year-on-year.
Between June 1 and June 18, retail sales of all passenger vehicles in China were 828,000 units, down 6 percent year-on-year and down 8 percent from the same period last month, the CPCA said.
So far this year, cumulative retail sales of passenger cars in China were up 3 percent year-on-year to 8.46 million units.
This means that from June 1 to June 18, the penetration of NEVs at retail in China was 38.6 percent, and 32.39 percent so far this year.
In the first week of June -- June 1-4 -- the average daily retail sales of passenger cars in China were 31,000 units, down 9 percent from a year ago and 42 percent lower than the same period last month.
In the second week -- June 5 to 11 -- average daily retail sales of passenger cars were 43,000 units, down 10 percent year-on-year and down 14 percent compared to the same period in May.
In the third week -- June 12 to 18 -- average daily retail sales of passenger cars were 58,000 units, down 2 percent year-on-year and up 21 percent compared to the same period in May.
China began halving purchase taxes on mainstream internal combustion engine vehicles last June, causing sales to shift toward the beginning of the month, the CPCA said. The policy was not renewed when it expired at the end of last year.
By comparison, this June is a normal sales month, so a dip at the beginning of the month is normal, the CPCA said, adding that auto sales are expected to decline year-on-year for the entire month of June.
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