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 data 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.
In addition to these two new models, Nio will also begin deliveries of the new ES8 on June 28, launched on Nio Day 2022 on December 24.
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 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.
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 last year's rebranding.
The Denza N7 is aimed at the market for traditional internal combustion engine vehicles priced around 400,000 yuan, an executive said previously.
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.
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