JAC sold 51,558 units of all models in January, down 10.6 percent from 57,697 units in the same month last year.
Jianghuai Automobile Group (JAC), Nio's auto manufacturing partner, sold 15,536 pure electric passenger vehicles in January, according to data released by the company on Friday.
That's up 89.5 percent from 8,199 a year ago and down 7.4 percent from 16,769 in December.
JAC did not specify, though as is industry practice, its EV sales figures should include Nio vehicles.
Nio delivered 9,652 vehicles in January, up 33.6 percent from 7,225 in the same month last year and down 8 percent from 10,489 in December, data released by the company on February 1 showed.
This means that JAC's own brand of electric vehicles sold about 5,800 units in January.
JAC's figures show that it sold 51,558 units of all models in January, down 10.6 percent from 57,697 units in the same month last year.
It is worth noting that JAC is not only a partner of Nio, but also a partner of Volkswagen in China.
In a research note released late last month, CITIC Securities said Volkswagen Anhui, a joint venture between Volkswagen and JAC, will become an important strategic node for the Volkswagen Group in China in 3-5 years and is expected to become its third pole of growth in the country.
Volkswagen Anhui, previously known as JAC Volkswagen, was established in 2017 as a joint venture between the Volkswagen Group and JAC and is Volkswagen's first joint venture in China to focus on NEVs.
At the end of 2020, Volkswagen increased its stake in the company to 75 percent and had it renamed Volkswagen Anhui to focus primarily on the development and production of NEVs.
Volkswagen Anhui will be built as Volkswagen's third MEB plant in China and will build pure electric vehicles based on the platform, with the first model expected to go into production in the second half of 2023.
Analysts expect Volkswagen's joint venture with JAC to be its new growth pole in China
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