Tag: NIO

China NEV insurance registrations for week ending Mar 12: BYD 37,141, Tesla 17,032, NIO 2,170

Post author By Phate Zhang/CnEVPost
Post date March 14, 2023

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

Tesla's insurance registrations last week in China were higher than the previous week's 13,266, while NIO's were lower than the previous week's 3,345.

BYD's new energy vehicles (NEVs) saw 37,141 insurance registrations in China for the week ending March 12, lower than the previous week's 38,932, according to numbers shared today by auto blogger @一路向北BYD.

Tesla vehicles saw 17,032 insurance registrations in China last week, higher than the previous week's 13,266.

NIO was 2,170 last week, down from 3,345 the week before.

Li Auto registered 4,243 units last week, up from 3,222 units the previous week.

XPeng was 1,635 units last week, up from 1,421 units the week before.

BYD's premium brand Denza vehicles saw 1,853 insurance registrations last week, up from 1,808 the week before.

Zeekr was 1,043 units last week, down from 1,814 units the week before.

BMW's NEVs registered 1,486 insurance units in China last week, down from 1,663 units the week before.

The past week has seen a rare price war in China's auto industry involving not only NEV makers, but traditional internal combustion engine automakers as well.

Rumors surfaced last week that BMW dealers were offering a massive subsidy for the all-electric BMW i3 in China, and that consumers who pay full price for the car can even get the model for RMB 120,000 to 180,000, less than half the retail price.

BMW insiders denied this, but sources at BMW dealers said they are indeed offering discounts, and that these measures were only introduced this month, local media Cailian reported last week.

For the BMW i3 eDrive35 L, which currently has a guide price of RMB 353,900, the price after discounts is RMB 248,000, the report said, citing BMW dealership sources.

Consumers will also receive an additional RMB 6,000 subsidy if they trade in their vehicles, the source said.

The increasing number of car companies joining the price war has led to increased consumer wait-and-see sentiment to avoid seeing price reductions shortly after purchasing a car.

Li Auto has introduced a consumer purchase price protection benefit that covers all of the company's currently available models -- Li L7, Li L8, Li L9.

For consumers who purchase these models, if the prices drops within 90 days of their order, then Li Auto will refund the difference.

The policy, which is available to consumers when they purchase the Li L7, Li L8, and Li L9, is primarily intended to make clear to them that Li Auto will not drop the prices, local media outlet The Paper said earlier today, citing salespeople from the company.

China NEV insurance registrations for week ending Mar 5: BYD 38,932, Tesla 13,266, NIO 3,345

Weekly NEV insurance registrations in China in 2023

Wk	BYD	Tesla	NIO	XPeng	Li Auto	BMW	Zeekr	Neta	Leapmotor	NEV	NEV+ICE
03/06-03/12	37,141	17,032	2,170	1,635	4,243	1,486	1,043	988
02/27-03/05	38,932	13,266	3,345	1,421	3,222	1,663	1,814	4,109	515	116,238	345,340
02/20-02/26	39,473	10,705	3,357	1,685	5,387	1,792	1,855	2,152	401	111,983	331,238
02/13-02/19	37,026	5,913	3,174	1,463	4,238	2,271	1,443	1,038	329	100,408	303,101
02/06-02/12	31,417	6,963	3,045	1,396	4,062	682	547	1,170	NA	85,572	280,741
01/30-02/05	24,280	8,643	1,948	975	2,240	593	554	3,964	114	69,692	267,843
01/23-01/29	5,280	3,356	427	210	990	NA	89	NA	NA	17,945	92,600
01/16-01/22	24,708	7,496	3,008	1,068	4,903	NA	657	NA	NA	67,500	330,400
01/09-01/15	40,420	12,654	2,963	1,817	4,527	2,687	1,359	420	237	99,041	438,000
01/02-01/08	35,924	2,110	2,818	1,551	3,704	2,103	1,511	238	80	77,000	290,000

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Tags BYD, Leapmotor, Li Auto, Neta, NIO, Tesla, XPeng, Zeekr

China Electric eMobility eV Nio NIO ES7 NIO ET5 Wait Times

NIO ES7 and ET5 wait times get longer

Post author By Phate Zhang/CnEVPost
Post date March 14, 2023

NIO delivered 12,157 vehicles in February, including 6,471 ET5s, 649 ET7s and 2,848 ES6s.

(From left to right: EC7, EC6, ET7, ET5. Screenshot on March 14.)

NIO (NYSE: NIO) has seen slightly longer wait times for two of its models in China, the first time since late January that such a change has occurred.

The company's current main seller, the ET5 electric sedan, now has an expected delivery date of 3-4 weeks, up 1 week from the previous 2-3 weeks, information from the NIO App monitored by CnEVPost shows.

The NIO ES7 SUV currently has an expected delivery date of 4-6 weeks, up from about 3 weeks previously.

The NIO App is currently showing 8 models, including the old ES8, ES6 and EC6 based on the NT 1.0 platform, and the all-new ES8, ES7, EC7, ET7 and ET5 based on the NT 2.0 platform.

The EC7 and the new ES8 were launched at NIO Day 2022 held on December 24, 2022, and deliveries are set to begin in May and June, respectively.

The wait time information is unchanged today for all models except for the ES7 and ET5.

(From left to right: All-new ES8, old ES8, ES7, ES6. Screenshot on March 14.)

Yesterday, the NIO App stopped showing the expected delivery time for the ET7. There have been recent rumors that NIO may release a revamped version of its flagship sedan.

The longer wait time for vehicles could be due to increased consumer demand compared to previously, or a lack of parts availability. There is no way to tell exactly why the wait times for the NIO ES7 and ET5 have become longer.

NIO delivered 12,157 vehicles in February, up 42.92 percent from 8,506 in January and up 98.29 percent from 6,131 in the same month last year, according to data it released on March 1.

That delivery volume included 5,037 SUVs, and 7,120 sedans, NIO said. The ET7 and ET5 are sedans, all other models are SUVs.

Separately, data released by the China Passenger Car Association (CPCA) showed the ET5 delivered 6,471 units in February, the ET7 649 units and the ES6 2,848 units. Breakdown figures for other models are not available.

Changes in wait times for NIO models

Date	Model	Prev	Change	Latest
03/14/23	ET5 (NT 2.0)	2-3 weeks	↑	3-4 weeks
03/14/23	ES7 (NT 2.0)	About 3 weeks	↑	4-6 weeks
03/13/23	ET7 (NT 2.0)	About 3 weeks	NA	Stop showing
02/14/23	ES7 (NT 2.0)	3-4 weeks	↓	About 3 weeks
02/14/23	ET7 (NT 2.0)	3-4 weeks	↓	About 3 weeks
02/14/23	ET5 (NT 2.0)	About 3 weeks	↓	2-3 weeks
02/6/23	ET5 (NT 2.0)	3-4 weeks	↓	About 3 weeks
01/28/23	ES7 (NT 2.0)	2-3 weeks	↑	3-4 weeks
01/28/23	ET7 (NT 2.0)	2-3 weeks	↑	3-4 weeks
01/28/23	ET5 (NT 2.0)	7-9 weeks	↓	3-4 weeks
01/11/23	ET5 (NT 2.0)	8-10 weeks	↓	7-9 weeks
01/5/23	ET5 (NT 2.0)	9-11 weeks	↓	8-10 weeks
12/29/22	ET5 (NT 2.0)	10-12 weeks	↓	9-11 weeks
12/22/22	ET5 (NT 2.0)	12-14 weeks	↓	10-12 weeks
12/20/22	ES7 (NT 2.0)	4-6 weeks	↓	2-3 weeks
12/13/22	ET5 (NT 2.0)	13-15 weeks	↓	12-14 weeks
12/13/22	ET7 (NT 2.0)	About 2 weeks	↑	2-3 weeks
12/13/22	EC6 (NT 1.0)	About 2 weeks	NA	Stop showing
12/2/22	ET5 (NT 2.0)	21-23 weeks	↓	13-15 weeks
11/25/22	ES7 (NT 2.0)	7-9 weeks	↓	4-6 weeks
11/25/22	ET7 (NT 2.0)	3-5 weeks	↓	About 2 weeks
11/23/22	ES8 (NT 1.0)	About 2 weeks	NA	Stop showing
11/16/22	ET7 (NT 2.0)	4-6 weeks	↓	3-5 weeks
11/10/22	ES8 (NT 1.0)	2-3 weeks	↓	About 2 weeks
11/10/22	ES6 (NT 1.0)	2-3 weeks	↓	About 2 weeks
11/10/22	EC6 (NT 1.0)	2-3 weeks	↓	About 2 weeks
11/3/22	ES7 (NT 2.0)	11-13 weeks	↓	7-9 weeks
11/3/22	ET7 (NT 2.0)	6-8 weeks	↓	4-6 weeks
11/3/22	ES8 (NT 1.0)	2-4 weeks	↓	2-3 weeks
11/3/22	ES6 (NT 1.0)	2-4 weeks	↓	2-3 weeks
11/3/22	EC6 (NT 1.0)	2-4 weeks	↓	2-3 weeks
10/31/22	ES7 (NT 2.0)	12-14 weeks	↓	11-13 weeks
10/31/22	ES8 (NT 1.0)	3-5 weeks	↓	2-4 weeks
10/31/22	ES6 (NT 1.0)	3-5 weeks	↓	2-4 weeks
10/31/22	EC6 (NT 1.0)	3-5 weeks	↓	2-4 weeks
10/21/22	ES7 (NT 2.0)	13-15 weeks	↓	12-14 weeks
10/21/22	ET7 (NT 2.0)	11-13 weeks	↓	6-8 weeks
10/21/22	ET5 (NT 2.0)	21-23 weeks	NA	Stop showing
10/21/22	ES8 (NT 1.0)	4-6 weeks	↓	3-5 weeks
10/21/22	ES6 (NT 1.0)	4-6 weeks	↓	3-5 weeks
10/21/22	EC6 (NT 1.0)	4-6 weeks	↓	3-5 weeks

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Tags NIO

China Electric eMobility eV Nio NIO ET7 Wait Times

NIO App no longer shows ET7 wait time as talk of revamped model heats up

Post author By Phate Zhang/CnEVPost
Post date March 13, 2023

The NIO ET7 delivered around 3,000 units per month for most of the second half of 2022, but only 521 and 649 units were delivered in January and February of this year, respectively.

NIO US | NIO HK | NIO SG

(From left to right: EC7, EC6, ET7, ET5. Screenshot on March 13.)

Past experience has shown that whenever NIO's mobile app stops showing the wait time for a model, it means that the improved version of the model is not far from release.

The NIO App stopped showing the expected delivery date for the electric vehicle maker's flagship sedan, the ET7, starting today, the first time the company's model wait times have changed in the past month.

The NIO App is currently showing eight models, including the old ES8, ES6 and EC6 based on the NT 1.0 platform and the new ES8, ES7, EC7, ET7 and ET5 based on the NT 2.0 platform.

The EC7 coupe SUV and the new ES8 were launched at NIO Day 2022 held on December 24, 2022, with deliveries to begin in May and June 2023, respectively.

Wait times for all other NIO models remain unchanged today. The last change to this information was on February 14, when the wait times for both the ES7 and ET7 changed from the previous 3-4 weeks to about 3 weeks, and for the ET5 from about 3 weeks to 2-3 weeks.

(From left to right: All-new ES8, old ES8, ES7, ES6. Screenshot on March 13.)

NIO's latest move comes at a time when discussions on social media about a revamped version of the ET7 are on the rise.

In several WeChat groups where CnEVPost is present, some NIO followers are already anticipating a facelift of the sedan one year since deliveries began.

Longtime NIO follower and auto blogger @肉肉爸比ev hinted on March 10 that a revamped version of the ET7 is not far away.

"Are people that concerned about the ET7 facelift? Let's just say the 2023 ET7 may be coming soon," the blogger wrote.

Changes to the new ET7 will likely not be significant, and NIO may offer upgrade options to owners of the current model, the blogger said, adding that consumers interested in the ET7 may choose to wait and see in the short term.

NIO launched the ET7, its first sedan, at the NIO Day 2020 event on January 9, 2021, with deliveries starting March 28, 2022.

In April 2022, the ET7's first full month of delivery, the sedan was ranked No. 10 in a list of premium sedans starting at more than RMB 300,000 ($43,440) by the China Passenger Car Association (CPCA) with 693 retail sales.

With increased capacity, ET7 sales continued to grow after deliveries began and reached a new monthly high of 4,349 units in June 2022.

Deliveries of the ET7 remained around 3,000 units per month for the vast majority of the second half of last year, but in December deliveries slipped to 1,379 units, missing the CPCA's ranking of premium sedan sales for the first time.

NIO stopped publishing ET7 figures in its monthly delivery figures this year, but figures released by the CPCA show that the sedan delivered 521 units in January and 649 units in February.

The CPCA's figures come from the numbers reported by carmakers, and the ET7 sales figures in its monthly rankings are consistent with the available figures previously published by NIO.

(1 $ = RMB 6.9063)

NIO ET5 drops 1 spot in ranking of top-selling premium sedans in China

Changes in wait times for NIO models

Date	Model	Latest Wait Time	Prev Wait Time
03/13/23	ET7 (NT 2.0)	Stop showing	About 3 weeks
02/14/23	ES7 (NT 2.0)	About 3 weeks	3-4 weeks
02/14/23	ET7 (NT 2.0)	About 3 weeks	3-4 weeks
02/14/23	ET5 (NT 2.0)	2-3 weeks	About 3 weeks
02/6/23	ET5 (NT 2.0)	About 3 weeks	3-4 weeks
01/28/23	ES7 (NT 2.0)	3-4 weeks	2-3 weeks
01/28/23	ET7 (NT 2.0)	3-4 weeks	2-3 weeks
01/28/23	ET5 (NT 2.0)	3-4 weeks	7-9 weeks
01/11/23	ET5 (NT 2.0)	7-9 weeks	8-10 weeks
01/5/23	ET5 (NT 2.0)	8-10 weeks	9-11 weeks
12/29/22	ET5 (NT 2.0)	9-11 weeks	10-12 weeks
12/22/22	ET5 (NT 2.0)	10-12 weeks	12-14 weeks
12/20/22	ES7 (NT 2.0)	2-3 weeks	4-6 weeks
12/13/22	ET5 (NT 2.0)	12-14 weeks	13-15 weeks
12/13/22	ET7 (NT 2.0)	2-3 weeks	About 2 weeks
12/13/22	EC6 (NT 1.0)	Stop showing	About 2 weeks
12/2/22	ET5 (NT 2.0)	13-15 weeks	21-23 weeks
11/25/22	ES7 (NT 2.0)	4-6 weeks	7-9 weeks
11/25/22	ET7 (NT 2.0)	About 2 weeks	3-5 weeks
11/23/22	ES8 (NT 1.0)	Stop showing	About 2 weeks
11/16/22	ET7 (NT 2.0)	3-5 weeks	4-6 weeks
11/10/22	ES8 (NT 1.0)	About 2 weeks	2-3 weeks
11/10/22	ES6 (NT 1.0)	About 2 weeks	2-3 weeks
11/10/22	EC6 (NT 1.0)	About 2 weeks	2-3 weeks
11/3/22	ES7 (NT 2.0)	7-9 weeks	11-13 weeks
11/3/22	ET7 (NT 2.0)	4-6 weeks	6-8 weeks
11/3/22	ES8 (NT 1.0)	2-3 weeks	2-4 weeks
11/3/22	ES6 (NT 1.0)	2-3 weeks	2-4 weeks
11/3/22	EC6 (NT 1.0)	2-3 weeks	2-4 weeks
10/31/22	ES7 (NT 2.0)	11-13 weeks	12-14 weeks
10/31/22	ES8 (NT 1.0)	2-4 weeks	3-5 weeks
10/31/22	ES6 (NT 1.0)	2-4 weeks	3-5 weeks
10/31/22	EC6 (NT 1.0)	2-4 weeks	3-5 weeks
10/21/22	ES7 (NT 2.0)	12-14 weeks	13-15 weeks
10/21/22	ET7 (NT 2.0)	6-8 weeks	11-13 weeks
10/21/22	ET5 (NT 2.0)	Stop showing	21-23 weeks
10/21/22	ES8 (NT 1.0)	3-5 weeks	4-6 weeks
10/21/22	ES6 (NT 1.0)	3-5 weeks	4-6 weeks
10/21/22	EC6 (NT 1.0)	3-5 weeks	4-6 weeks

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Tags NIO

China Electric eMobility eV Nio NIO ET5 NIO Europe NIO Norway

First NIO ET5 sedans arrive in Norway, deliveries set to start this month

Post author By Phate Zhang/CnEVPost
Post date March 11, 2023

The ET5 has become NIO's main seller in China, contributing 48 percent, 68 percent, and 53 percent of monthly deliveries in the past three months, respectively.

NIO US | NIO HK | NIO SG

(Image credit: NIO)

NIO (NYSE: NIO) has seen the first batch of the ET5 electric sedan arrive in Norway, with deliveries of the model in Europe set to begin this month.

"We can confirm today that the first batch of our newest car model, the NIO ET5, has arrived in Norway," NIO said in an article in its European app.

The cars are now at Birger og Haug in Aros where they are being prepared for delivery to the first customers, according to the article.

"This will be our first car below the VAT limit," the article said.

The article does not provide more details about VAT, or Merverdiavgift (MVA) in the Norwegian language. ET7 faces a 25 percent VAT in Norway, or at least NOK 21,173.

The ET5 starts at NOK 429,000 ($40,340) excluding the battery, according to the NIO Norway website. All NIO vehicles support battery swap and allow consumers to choose to include or exclude the battery when purchasing the vehicle.

(Above is the configurator information for NIO ET5 in Norway.)

(Above is the configurator information for NIO ET7 in Norway.)

NIO introduced the ET7, EL7 and ET5 to European consumers at the NIO Berlin launch event on October 7. The EL7 is known as the ES7 in China and was renamed in Europe due to a lawsuit with Audi.

Deliveries of the ET7 started in Europe as planned in October last year, with deliveries of the EL7 starting at the end of January. The planned start date for deliveries of the ET5, announced by NIO in October last year, is the end of March.

There is no more information about the ET5 in Europe, including how many units of the electric sedan NIO has sent there.

For NIO, the ET5 has been its main seller in China for the past three months.

ET5 deliveries from December to February were 7,594, 5,795 and 6,471 units, contributing 48 percent, 68 percent and 53 percent of NIO's monthly deliveries, respectively, according to data from the company and the China Passenger Car Association (CPCA) monitored by CnEVPost.

The ET5 ranked No. 7 in February in the ranking of high-end sedan sales in China with a starting price above RMB 300,000 ($43,440), according to the CPCA's list released on March 9.

The ranking dropped one spot from January, as the previously No. 7 Audi A4L outsold the ET5 with 6,935 units in February.

($1 = RMB 6.9063, $1 = NOK 10.6349)

NIO ET5 drops 1 spot in ranking of top-selling premium sedans in China

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Tags NIO

charging China Electric eMobility eV Li Auto Nio

Li Auto to build charging stations at ‘NIO pace’, report says

Post author By Phate Zhang/CnEVPost
Post date March 10, 2023

Li Auto is aiming to build about 300 super-fast charging stations this year, and NIO also plans to add 10,000 new charging piles this year, according to local media.

LI.US | 2015.HK

(Image credit: Li Auto)

Li Auto (NASDAQ: LI) is starting to build out its charging infrastructure as its first all-electric model is set to be launched this year.

Li Auto's infrastructure build-out will enter the "NIO pace," with the company setting a goal of building about 300 super-fast charging stations within the year, with about 10 already deployed in highway service areas, a 36kr report today said, citing people familiar with the matter.

The move is in preparation for the launch of Li Auto's first all-electric model, which will be an all-electric MPV expected to be released by the end of 2023, and ultra-fast charging will be one of the highlights of the vehicle, according to the report.

Earlier this week, one of Li Auto's under-construction 800 V charging stations was seen at a highway service area in China, sparking widespread discussion in the Chinese community.

All of Li Auto's current models are extended-range electric vehicles (EREVs), which are essentially plug-in hybrids. Because these vehicles can be refueled, Li Auto has not started working on charging facilities in the past few years.

By 2025, Li Auto will have built a total of 3,000 supercharging stations, at a total cost of 10 billion yuan ($1.44 billion), Li Xiang, the company's founder, chairman and CEO, said in a media event last week.

For a company with annual revenues in the RMB 100 billion range, these costs are not as high as one might think after being spread out over five years, he said.

Li Auto is very confident about the coverage of supercharging piles along highways because China has been encouraging car companies to build supercharging stations since last year, he said.

The company's supercharging stations will be open to other models built on the 800 V platform, ensuring that each of its peer brands can also charge at a high level of efficiency, according to Li.

In China, NIO (NYSE: NIO) is one of the most aggressive car companies in building charging infrastructure.

NIO announced at NIO Day late last year that the company plans to add 400 new battery swap stations in 2023.

However, on February 21, William Li, NIO's founder, chairman and CEO, said that plan was far from enough and upped it to 1,000 stations.

"We have set a new goal of adding 1,000 new battery swap stations in 2023, for a cumulative total of more than 2,300 stations by the end of 2023," Li said in an article posted to the NIO App last month.

Of the 1,000 new stations, about 400 will be located near highway service areas or highway entrances and exits. The other 600 or so will be deployed in urban areas.

The 36kr report today quotes an NIO employee as saying that in addition to its aggressive battery swap station goal, the company also plans to add 10,000 new charging piles this year.

Those additions include superchargers and destination charging piles, covering both domestic and foreign markets, according to the report.

As of March 10, NIO had 1,321 battery swap stations in China, as well as 2,383 charging stations offering 14,054 charging piles, according to data monitored by CnEVPost.

In addition to Li Auto and NIO, their local counterpart XPeng (NYSE: XPEV) is also fast-tracking the construction of energy replenishment facilities.

On August 15, 2022, XPeng showcased its S4 Supercharging technology and announced the completion of its first S4 supercharger in Guangzhou, where it is headquartered.

This S4 fast charging pile has a maximum power of 480 kW, a maximum current of 670 A and a peak charging power of 400 kW, enabling the vehicle to obtain a CLTC range of 210 km in 5 minutes.

Last September 21, XPeng said at the G9 launch that it expects to add more than 500 S4 supercharging stations in 2023 and that the number will exceed 2,000 by 2025.

The reason for these aggressive moves is that there are limited site resources suitable for building such facilities.

Most highway service areas in China don't have much power redundancy, and after considering NIO's battery swap stations and State Grid's charging facilities, there aren't really many suitable site resources left, 36kr quoted an unnamed car company source as saying.

($1 = 6.9606 RMB)

NIO reveals aggressive plan to add 1,000 swap stations in 2023

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Tags Li Auto, NIO, XPeng

China CPCA CPCA Ranking Electric eMobility eV EV Data Industry News Monthly Data Tesla Top EVs

Full CPCA rankings: Top-selling models and automakers in China in Feb

Post author By Lei Kang/CnEVPost
Post date March 10, 2023

This article contains 20 tables compiled by CnEVPost based on data from the CPCA, showing which models and car companies sold the most in China in February.

The China Passenger Car Association (CPCA) announced on March 9 the top selling models and car companies in China in February, presenting a panoramic view of the Chinese auto industry.

CnEVPost highlighted the NIO ET5 and Tesla's Model Y on these lists in yesterday's articles.

Here are 20 tables CnEVPost compiled based on data from the CPCA, in case you wish to know more details about these rankings.

Top-selling sedans at retail in China in Feb 2023
Ranking	Model	Feb 2023	Feb 2022	YoY
1	BYD Qin	30,540	24,501	24.6%
2	Hongguang Mini EV	30,267	26,116	15.9%
3	Nissan Sylphy	26,102	28,519	-8.5%
4	BYD Dolphin	22,682	8,561	164.9%
5	Volkswagen Lavida	21,269	26,707	-20.4%
6	Aion S	16,827	3,380	397.8%
7	Volkswagen Sagitar	14,526	12,540	15.8%
8	Toyota Camry	14,401	14,228	1.2%
9	Honda Accord	13,218	13,816	-4.3%
10	Toyota Levin	13,200	9,142	44.4%
11	Toyota Corolla	12,899	15,595	-17.3%
12	Geely Emgrand	12,347	12,574	-1.8%
13	BYD Han	12,265	9,284	32.1%
14	Audi A6L	12,167	8,153	49.2%
15	Mercedes-Benz E-Class	12,153	9,378	29.6%

Top-selling sedans at retail in China in Jan-Feb 2023
Ranking	Model	Jan-Feb 2023	Jan-Feb 2022	YoY
1	Nissan Sylphy	49,609	78,501	-36.8%
2	Volkswagen Lavida	48,186	71,995	-33.1%
3	Wuling Hongguang Mini	46,683	52,798	-11.6%
4	BYD Qin	44,725	51,043	-12.4%
5	BYD Dolphin	40,264	19,163	110.1%
6	Volkswagen Sagitar	34,980	40,275	-13.1%
7	Toyota Camry	28,797	39,178	-26.5%
8	Honda Accord	27,812	36,723	-24.3%
9	Mercedes-Benz E-Class	26,696	30,398	-12.2%
10	BMW 5 Series	25,737	35,444	-27.4%
11	Toyota Corolla	25,489	26,242	-2.9%
12	Audi A6L	24,632	21,220	16.1%
13	Geely Emgrand	24,491	32,825	-25.4%
14	BYD Han	23,983	22,064	8.7%
15	Volkswagen Bora	23,596	32,040	-26.4%

Top-selling high-end sedans at retail in China in Feb 2023
Ranking	Model	Feb 2023	Feb 2022	YoY
1	Audi A6L	12,167	8,153	49.2%
2	Mercedes-Benz E-Class	12,153	9,378	29.6%
3	Mercedes-Benz C-Class	11,869	5,298	124.0%
4	BMW 5 Series	9,609	9,352	2.7%
5	BMW 3 Series	8,868	10,185	-12.9%
6	Audi A4L	6,935	9,460	-26.7%
7	NIO ET5	6,471	NA	NA
8	BMW 3 Series BEV	2,976	NA	NA
9	Volvo S90	2,893	1,666	73.6%
10	Hongqi H9	1,159	1,477	-21.5%
High-end models are those with a starting price of more than RMB 300,000.

Top-selling high-end sedans at retail in China in Jan-Feb 2023
Ranking	Model	Jan-Feb 2023	Jan-Feb 2022	YoY
1	Mercedes-Benz E-Class	26,696	30,398	-12.2%
2	BMW 5 Series	25,737	35,444	-27.4%
3	Audi A6L	24,632	21,220	16.1%
4	Mercedes-Benz C-Class	17,762	15,571	14.1%
5	BMW 3 Series	16,627	34,581	-51.9%
6	NIO ET5	12,266	NA	NA
7	Audi A4L	11,878	26,204	-54.7%
8	BMW 3 Series BEV	6,600	NA	NA
9	Volvo S90	5,174	4,552	13.7%
10	Hongqi H9	1,962	4,563	-57.0%
High-end models are those with a starting price of more than RMB 300,000.

Top-selling new energy sedans at retail in China in Feb 2023
Ranking	Model	Feb 2023	Feb 2022	YoY
1	BYD Qin	30,540	24,501	24.6%
2	Wuling Hongguang Mini	30,267	26,116	15.9%
3	BYD Dolphin	22,682	8,561	164.9%
4	Aion S	16,827	3,380	397.8%
5	BYD Han	12,265	9,284	32.1%
6	Changan Lumin	9,105	NA	NA
7	Tesla Model 3	8,397	4,607	82.3%
8	BYD Seal	7,754	NA	NA
9	Geely Panda Mini	6,661	NA	NA
10	NIO ET5	6,471	NA	NA
11	BYD Destroyer 05	4,760	NA	NA
12	Shenlan SL03	4,103	NA	NA
13	Chery QQ Ice Cream	3,134	6,442	-51.4%
14	BMW 3 Series BEV	2,976	NA	NA
15	Buick Velite 6	2,923	2,014	45.1%

Top-selling new energy sedans at retail in China in Jan-Feb 2023
Ranking	Model	Jan-Feb 2023	Jan-Feb 2022	YoY
1	Wuling Hongguang Mini	46,683	52,798	-11.6%
2	BYD Qin	44,725	51,043	-12.4%
3	BYD Dolphin	40,264	19,163	110.1%
4	BYD Han	23,983	22,064	8.7%
5	Aion S	21,918	10,429	110.2%
6	Tesla Model 3	21,056	7,595	177.2%
7	BYD Seal	14,372	NA	NA
8	Changan Lumin	13,816	NA	NA
9	NIO ET5	12,266	NA	NA
10	Shenlan SL03	10,240	NA	NA
11	BYD Destroyer 05	9,616	NA	NA
12	Hongqi E-QM5	9,174	1,130	711.9%
13	Geely Panda Mini	6,661	NA	NA
14	BMW 3 Series BEV	6,600	NA	NA
15	Chery QQ Ice Cream	5,870	16,426	-64.3%

Top-selling SUVs at retail in China in Feb 2023
Ranking	Model	Feb 2023	Feb 2022	YoY
1	BYD Song	51,592	24,532	110.3%
2	Tesla Model Y	25,526	18,593	37.3%
3	BYD Yuan Plus	20,279	4,515	349.1%
4	Haval H6	16,489	18,790	-12.2%
5	Honda CR-V	14,052	22,260	-36.9%
6	Changan CS75	13,410	12,297	9.1%
7	Changan CS55	13,086	5,013	161.0%
8	Aion Y	12,996	2,986	335.2%
9	BYD Tang	12,029	10,026	20.0%
10	Geely Boyue L	11,637	NA	NA
11	Hongqi HS5	11,320	9,106	24.3%
12	BMW X3	11,317	8,819	28.3%
13	Nissan Qashqai	9,704	9,743	-0.4%
14	Geely Xingyue L	9,611	7,022	36.9%
15	Toyota Wildlander	9,383	7,994	17.4%

Top-selling SUVs at retail in China in Jan-Feb 2023
Ranking	Model	Jan-Feb 2023	Jan-Feb 2022	YoY
1	BYD Song	101,301	46,981	115.60%
2	Tesla Model Y	39,710	34,951	13.60%
3	Changan CS75	35,030	44,419	-21.10%
4	BYD Yuan Plus	34,621	6,515	431.40%
5	Haval H6	33,152	52,108	-36.40%
6	Changan CS55	26,106	34,864	-25.10%
7	Geely Boyue L	25,272	NA	NA
8	Mercedes-Benz GLC	23,125	32,289	-28.40%
9	BMW X3	21,930	28,361	-22.70%
10	Honda CR-V	21,690	39,875	-45.60%
11	BYD Tang	20,571	18,873	9.00%
12	Geely Xingyue L	19,859	18,505	7.30%
13	Hongqi HS5	17,947	25,385	-29.30%
14	Geely Binyue	17,900	14,952	19.70%
15	Aion Y	17,788	9,399	89.30%

Top-selling high-end SUVs at retail in China in Feb 2023
Ranking	Model	Feb 2023	Feb 2022	YoY
1	BMW X3	11,317	8,819	28.3%
2	Mercedes-Benz GLC	8,808	9,958	-11.5%
3	Audi Q5L	8,414	8,859	-5.0%
4	Li Auto L8	8,192	NA	NA
5	Li Auto Li L9	7,299	NA	NA
6	BMW X5	7,034	NA	NA
7	Mercedes-Benz GLB	5,954	3,030	96.5%
8	Volvo XC60	4,973	3,085	61.2%
9	Cadillac XT5	3,483	3,154	10.4%
10	Volkswagen Teramont	3,085	2,655	16.2%

Top-selling high-end SUVs at retail in China in Jan-Feb 2023
Ranking	Model	Jan-Feb 2023	Jan-Feb 2022	YoY
1	Mercedes-Benz GLC	23,125	32,289	-28.4%
2	BMW X3	21,930	28,361	-22.7%
3	BMW X5	17,728	NA	NA
4	Li Auto Li L9	15,295	NA	NA
5	Audi Q5L	14,881	25,921	-42.6%
6	Li Auto L8	14,291	NA	NA
7	Volvo XC60	9,769	8,249	18.4%
8	Mercedes-Benz GLB	9,138	9,537	-4.2%
9	Volkswagen Teramont	5,945	7,491	-20.6%
10	Cadillac XT5	4,340	8,331	-47.9%

Top-selling new energy SUVs at retail in China in Feb 2023
Ranking	Model	Feb 2023	Feb 2022	YoY
1	BYD Song	51,592	22,754	126.70%
2	Tesla Model Y	25,526	18,593	37.30%
3	BYD Yuan Plus	20,279	4,515	349.10%
4	Aion Y	12,996	2,986	335.20%
5	BYD Tang	12,029	10,026	20.00%
6	Li Auto L8	8,192	NA	NA
7	Li Auto Li L9	7,299	NA	NA
8	BYD Frigate 07	6,429	NA	NA
9	Neta V	5,013	4,073	23.10%
10	Zeekr 001	4,839	2,916	65.90%
11	Smart #1	3,616	NA	NA
12	Neta U	3,012	3,044	-1.10%
13	BMW X3	2,859	1,472	94.20%
14	NIO ES6	2,848	3,309	-13.90%
15	AITO M5	2,298	1,061	116.60%

Top-selling new energy SUVs at retail in China in Jan-Feb 2023
Ranking	Model	Jan-Feb 2023	Jan-Feb 2022	YoY
1	BYD Song	101,301	43,476	133.0%
2	Zeekr 001	39,710	34,951	13.6%
3	Tesla Model Y	34,621	6,515	431.4%
4	BYD Yuan Plus	20,571	18,873	9.0%
5	BYD Tang	17,788	9,399	89.3%
6	Aion Y	15,295	NA	NA
7	Li Auto Li L9	14,291	NA	NA
8	Li Auto L8	11,472	NA	NA
9	BYD Frigate 07	8,500	10,555	-19.5%
10	Neta V	7,955	6,446	23.4%
11	Smart #1	6,786	NA	NA
12	BMW X3	5,122	3,203	59.9%
13	AITO M5	5,030	1,876	168.1%
14	Neta U	4,024	7,571	-46.8%
15	NIO ES6	3,720	8,556	-56.5%

Top-selling MPVs at retail in China in Feb 2023
Ranking	Model	Feb 2023	Feb 2022	YoY
1	Wuling Hongguang	12,933	17,847	-27.50%
2	Buick GL8	8,011	9,090	-11.90%
3	Denza D9	7,325	NA	NA
4	GAC Trumpchi M8	6,331	5,001	26.60%
5	Toyota Sienna	5,653	4,120	37.20%
6	Toyota Granvia	4,384	NA	NA
7	Wuling Jiachen	3,921	NA	NA
8	GAC Trumpchi M6	3,745	2,039	83.70%
9	Dongfeng Fengxing Lingzhi	2,919	3,357	-13.00%
10	Honda Elysion	2,750	2,497	10.10%
11	Honda Odyssey	2,033	3,069	-33.80%
12	Brilliance Xinyuan Jinhaishi	1,700	781	117.70%
13	JAC Ruifeng	1,686	1,007	67.40%
14	Buick Century	1,614	NA	NA
15	Mercedes-Benz Vito	1,408	847	66.20%

Top-selling MPVs at retail in China in Jan-Feb 2023
Ranking	Model	Jan-Feb 2023	Jan-Feb 2022	YoY
1	Wuling Hongguang	23,415	43,910	-46.70%
2	Denza D9	13,763	NA	NA
3	Toyota Sienna	12,274	8,449	45.30%
4	Buick GL8	11,328	25,147	-55.00%
5	GAC Trumpchi M8	10,862	7,010	55.00%
6	Wuling Jiachen	8,553	NA	NA
7	GAC Trumpchi M6	6,252	8,350	-25.10%
8	Toyota Granvia	6,234	NA	NA
9	Honda Elysion	4,297	4,788	-10.30%
10	Dongfeng Fengxing Lingzhi	4,090	8,399	-51.30%
11	Honda Odyssey	3,792	7,921	-52.10%
12	Buick Century	3,204	NA	NA
13	JAC Ruifeng	3,186	3,606	-11.60%
14	Brilliance Xinyuan Jinhaishi	2,165	1,141	89.70%
15	Mercedes-Benz V-Class	2,064	2,797	-26.20%

Automakers with highest retail sales of NEVs in China in Feb 2023
Ranking	Automaker	Feb 2023	Feb 2022	YoY	Share
1	BYD	176,662	86,669	103.8%	39.8%
2	Tesla China	33,923	23,200	46.2%	7.6%
3	SAIC-GM-Wuling	32,709	29,229	11.9%	7.4%
4	GAC Aion	30,086	8,526	252.9%	6.8%
5	Geely	22,391	13,697	63.5%	5.0%
6	Changan	19,106	5,560	243.6%	4.3%
7	Li Auto	16,620	8,414	97.5%	3.7%
8	NIO	12,157	6,131	98.3%	2.7%
9	Neta	10,073	7,117	41.5%	2.3%
10	Chery	7,999	10,718	-25.4%	1.8%
11	Great Wall Motor	7,405	6,347	16.7%	1.7%
12	BMW Brilliance	6,568	2,762	137.8%	1.5%
13	FAW-Volkswagen	6,069	4,934	23.0%	1.4%
14	XPeng	6,010	6,225	-3.5%	1.4%
15	SAIC-GM	3,694	2,208	67.3%	0.8%

Automakers with highest retail sales of NEVs in China in Jan-Feb 2023
Ranking	Automaker	Jan-Feb 2023	Jan-Feb 2022	YoY	Share
1	BYD	316,417	179,457	76.3%	40.8%
2	Tesla China	60,766	42,546	42.8%	7.8%
3	SAIC-GM-Wuling	50,433	59,563	-15.3%	6.5%
4	GAC Aion	40,292	24,557	64.1%	5.2%
5	Changan	37,332	15,412	142.2%	4.8%
6	Geely	32,674	31,102	5.1%	4.2%
7	Li Auto	31,761	20,682	53.6%	4.1%
8	NIO	20,663	15,783	30.9%	2.7%
9	Neta	16,089	18,126	-11.2%	2.1%
10	BMW Brilliance	13,705	7,986	71.6%	1.8%
11	Chery	13,293	31,367	-57.6%	1.7%
12	Great Wall Motor	12,474	19,720	-36.7%	1.6%
13	XPeng	11,228	19,147	-41.4%	1.4%
14	FAW Hongqi	11,059	1,802	513.7%	1.4%
15	FAW-Volkswagen	9,572	10,442	-8.3%	1.2%

Automakers with highest retail sales in China in Feb 2023
Ranking	Automaker	Feb 2023	Feb 2022	YoY	Share
1	BYD	176,662	89,102	98.30%	12.70%
2	FAW-Volkswagen	110,511	104,945	5.30%	8.00%
3	Changan	92,802	60,682	52.90%	6.70%
4	Geely	91,179	68,627	32.90%	6.60%
5	SAIC-Volkswagen	74,013	80,158	-7.70%	5.30%
6	GAC Toyota	67,029	53,094	26.20%	4.80%
7	SAIC-GM-Wuling	57,307	59,967	-4.40%	4.10%
8	Dongfeng Nissan	56,719	63,583	-10.80%	4.10%
9	SAIC-GM	53,021	73,021	-27.40%	3.80%
10	FAW Toyota	49,959	60,313	-17.20%	3.60%
11	BMW Brilliance	49,342	37,001	33.40%	3.60%
12	Beijing Benz	46,855	32,685	43.40%	3.40%
13	Great Wall Motor	39,472	55,666	-29.10%	2.80%
14	Chery	39,135	33,608	16.40%	2.80%
15	Dongfeng Honda	38,307	54,907	-30.20%	2.80%

Automakers with highest retail sales in China in Jan-Feb 2023
Ranking	Automaker	Jan-Feb 2023	Jan-Feb 2022	YoY	Share
1	BYD	316,417	184,134	71.8%	11.8%
2	FAW-Volkswagen	221,946	295,719	-24.9%	8.3%
3	Changan	209,825	204,238	2.7%	7.8%
4	Geely	179,526	201,117	-10.7%	6.7%
5	SAIC-Volkswagen	154,631	217,775	-29.0%	5.8%
6	GAC Toyota	128,142	140,731	-8.9%	4.8%
7	SAIC-GM	108,042	193,042	-44.0%	4.0%
8	BMW Brilliance	106,109	126,084	-15.8%	4.0%
9	Dongfeng Nissan	102,337	174,520	-41.4%	3.8%
10	SAIC-GM-Wuling	101,572	145,738	-30.3%	3.8%
11	FAW Toyota	93,746	101,158	-7.3%	3.5%
12	Beijing Benz	89,212	102,752	-13.2%	3.3%
13	Chery	80,269	110,194	-27.2%	3.0%
14	Great Wall Motor	77,205	145,407	-46.9%	2.9%
15	GAC Honda	76,136	131,678	-42.2%	2.8%

Automakers with highest wholesale sales in China in Feb 2023
Ranking	Automaker	Feb 2023	Feb 2022	YoY	Share
1	BYD	191,664	90,268	112.3%	11.9%
2	Changan	116,407	69,014	68.7%	7.2%
3	Geely	108,701	78,478	38.5%	6.7%
4	FAW-Volkswagen	105,007	128,876	-18.5%	6.5%
5	Chery	96,553	54,405	77.5%	6.0%
6	Tesla China	74,402	56,515	31.7%	4.6%
7	SAIC-Volkswagen	73,303	90,604	-19.1%	4.5%
8	SAIC-GM	68,157	76,006	-10.3%	4.2%
9	Dongfeng Nissan	66,818	86,301	-22.6%	4.1%
10	GAC Toyota	63,200	50,100	26.1%	3.9%
11	SAIC Passenger Vehicle	58,336	64,007	-8.9%	3.6%
12	FAW Toyota	54,888	75,918	-27.7%	3.4%
13	BMW Brilliance	52,871	43,558	21.4%	3.3%
14	Beijing Benz	52,300	40,000	30.8%	3.2%
15	Great Wall Motor	51,053	59,155	-13.7%	3.2%

Automakers with highest wholesale sales in China in Jan-Feb 2023
Ranking	Automaker	Jan-Feb 2023	Jan-Feb 2022	YoY	Share
1	BYD	341,828	185,623	84.2%	11.2%
2	Changan	239,881	228,247	5.1%	7.8%
3	FAW-Volkswagen	217,040	311,876	-30.4%	7.1%
4	Geely	212,153	224,858	-5.7%	6.9%
5	Chery	191,766	135,643	41.4%	6.3%
6	SAIC-Volkswagen	145,311	221,211	-34.3%	4.7%
7	Tesla China	140,453	116,360	20.7%	4.6%
8	GAC Toyota	138,700	150,000	-7.5%	4.5%
9	SAIC-GM	123,158	186,013	-33.8%	4.0%
10	SAIC Passenger Vehicle	113,630	130,241	-12.8%	3.7%
11	BMW Brilliance	111,138	122,645	-09.4%	3.6%
12	Dongfeng Nissan	101,837	213,424	-52.3%	3.3%
13	Great Wall Motor	100,892	158,073	-36.2%	3.3%
14	Beijing Benz	96,310	93,800	2.7%	3.1%
15	FAW Toyota	91,352	127,370	-28.3%	3.0%

The post Full CPCA rankings: Top-selling models and automakers in China in Feb appeared first on CnEVPost.

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Tags BYD, GAC Aion, Geely, Li Auto, Neta, NIO, Tesla, XPeng, Zeekr

CATL China Electric eMobility eV Li Auto Lithium Lithium Prices Nio Zeekr

CATL confirms it’s negotiating new prices with EV makers

Post author By Phate Zhang/CnEVPost
Post date March 10, 2023

CATL's lithium sharing program is not for price reduction purposes, but rather the company already owns some mineral resources and doesn't want to reap windfall profits, its management said.

Last month it was reported that CATL was pushing a lithium rebate program to electric vehicle (EV) makers to drive down the cost of battery purchases for a handful of customers. Now, for the first time, the power battery giant has acknowledged the move.

CATL's lithium-sharing program is not for the purpose of lowering prices, but rather the company already owns some mineral resources and doesn't want to reap windfall profits, its management said Thursday.

The company released its 2022 annual report Thursday and held an investor call afterward in which its management made those comments, according to a meeting minutes it released today.

CATL hopes to be able to share with long-term strategic customers and is moving forward with relevant communications, the company said.

On February 17, local media outlet 36kr first reported on CATL's plan, saying it was not for all customers, but for several strategic customers including NIO (NYSE: NIO), Li Auto (NASDAQ: LI), Huawei and Zeekr.

The core terms of the partnership include that CATL will settle a portion of the price of power battery supply with car companies at a rate of RMB 200,000 ($28,720) per ton of lithium carbonate for the next three years.

At the same time, automakers signing the partnership will be required to commit about 80 percent of their battery purchases to CATL, according to the report.

CATL did not confirm the report at the time, though Li Auto and NIO both mentioned the program in their respective subsequent earnings calls.

In response to the rumored new pricing arrangement, Li Auto and CATL were in negotiations, the EV maker said during an analyst call following the February 27 announcement of its fourth-quarter earnings.

Whether it's lithium price concessions or battery prices linked to raw materials, it would be good news if battery prices could be brought back to a rational range, Li Auto's management said.

Asked about the topic during a conference call on March 1, NIO's management said the company is also in the process of discussions with CATL.

"Of course, we will maintain a long-term strategic relationship with CATL, and we are discussing some new pricing mechanisms with them," said William Li, NIO founder, chairman and CEO.

Battery makers also recognize that they must share the price volatility of battery materials with car companies, Li said at the time.

Back at CATL, the company's annual report, released yesterday, showed it posted a 39 percent quarter-on-quarter increase in net profit in the fourth quarter and further improved gross margins to 22.57 percent.

CATL's management, when asked about the lithium industry overhaul in Yichun, Jiangxi, said it had essentially no impact on the company, and its projects there are moving forward as planned.

The overhaul is mainly aimed at correcting the chaos in local lithium mining, which is beneficial to compliant companies in the long run, CATL's management said.

In Yichun, nicknamed the "lithium capital of Asia," local lithium miners have shut down production for an industry-wide overhaul, Yicai reported on February 26.

Analysts fear that this may bring disruption to the lithium supply, thus halting the downward trend in lithium prices. But such fears have not materialized.

Lithium carbonate prices have continued to fall over the past two weeks, with battery-grade lithium carbonate falling to RMB 367,000 per ton on March 9 and industrial-grade lithium carbonate falling to RMB 332,500 per ton, both one-year lows.

($1 = RMB6.9643)

CATL reportedly cutting battery costs significantly for some clients including NIO, Li Auto

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Tags CATL, Huawei, Li Auto, NIO, Zeekr

BYD BYD Song China CPCA CPCA Ranking Electric eMobility eV EV Data Monthly Data NIO ET5 Tesla Tesla Model 3 Tesla Model Y

Tesla Model Y ranks No. 2 in top-selling SUVs in China in Feb

Post author By Phate Zhang/CnEVPost
Post date March 9, 2023

BYD Song was the best-selling SUV in China in February with 51,592 retail sales, and the Model Y ranked No. 2 with 25,526 units.

TSLA.US

The Tesla (NASDAQ: TSLA) Model Y was the No. 2 best-selling SUV in China in February, with the BYD (OTCMKTS: BYDDY) Song taking the top spot by a significant margin.

Model Y retail sales in China in February were 25,526 units, up 37.3 percent from 18,593 units a year ago, according to data released today by the China Passenger Car Association (CPCA).

That puts the Tesla SUV at No. 2 on the list of best-selling SUVs in China, according to the CPCA's list.

The BYD Song topped the list with 51,592 retail sales in February, up 110.3 percent from 24,532 units in the same month last year.

BYD Yuan Plus retail sales in February were 20,279 units, up 349.1 percent from 4,515 units in the same month last year, and ranked third on the list.

In January-February, BYD Song retail sales were 101,301 units, up 115.6 percent year-on-year, making it the best-selling SUV in China for the first two months.

The Tesla Model Y came in second on the list with 39,710 units in the same period, up 13.6 percent year-on-year, and the Changan CS75 came in third with 35,030 units.

Notably, this is the first time the CPCA has not placed the Model Y in the ranking of high-end SUV sales with a starting price above 300,000 yuan ($43,080).

In the CPCA's previous lists, the Model Y has appeared in the premium SUV sales rankings, even though its starting price has been below RMB 300,000 after two major price cuts.

Tesla Model 3 sales in February were 8,397 units, up 82.3 percent from 4,607 units a year ago, according to the CPCA.

This puts the Model 3 at No. 7 among the best-selling new energy sedans in February.

The BYD Qin was the best-selling new energy sedan in February, with the NIO ET5 ranking 10th on the list with 6,471 units sold.

In January-February, the Tesla Model 3 retailed 21,056 units in China, placing it at No. 6 on the list of best-selling new energy sedans.

The NIO ET5 sold 12,266 units in January-February, ranking No. 9 on the list.

($1 = 6.9661 RMB)

NIO ET5 drops 1 spot in ranking of top-selling premium sedans in China

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Tags BYD, NIO, Tesla

BYD BYD Song China CPCA CPCA Ranking Electric eMobility eV EV Data Monthly Data NIO ET5 Tesla Tesla Model 3 Tesla Model Y Top EVs

Tesla Model Y ranks No. 2 in top-selling SUVs in China in Feb

Post author By Phate Zhang/CnEVPost
Post date March 9, 2023