Deliveries
Xiaomi SU7 total deliveries have exceeded 150,000 units, says CEO
- The SU7 delivered more than 135,000 units in 2024, Xiaomi previously said.
- Xiaomi will begin deliveries of the SU7 with a special red exterior color in March.
BYD Yangwang U9 electric supercar reaches 100-unit delivery milestone
- Yangwang officially launched the U9 on February 25, 2024, with the 2-seater model starting at RMB 1.68 million ($230,870).
- The U9 is the highest priced model under the BYD umbrella and one of the few supercars from a local Chinese brand.
China EV insurance registrations by brand for week ending Jan 19: Nio 2,836, Onvo 1,913, Tesla 10,000, BYD 55,000
- Xiaomi had 5,600 insurance registrations last week, Li Auto 9,500, Xpeng 9,400, Zeekr 3,600, Leapmotor 7,000 and Aito 6,100.
- Nio said it sold over 4,700 units last week, up 145.7 percent year-on-year. The Nio brand was at 2,836 units, and Onvo at 1,913 units.
CPCA expects China Jan NEV retail at 720,000 units, down 44.7% from Dec
China's auto market is expected to continue to show seasonality at the start of the year, with overall passenger car retail sales expected to be around 1.75 million units, down 33.6 percent from the previous month.
China EV insurance registrations by brand for week ending Jan 12: Nio 1,500, Onvo 1,800, Tesla 7,800, BYD 42,800
- Xiaomi had 5,400 insurance registrations last week, Li Auto 7,600, Xpeng 7,400, Zeekr 2,800, Leapmotor 5,200 and Aito 5,000.
- The Nio main brand did not make it to any of the lists shared by Li Auto for the first time.
Porsche deliveries in China fall for 3rd consecutive year, plans to downsize sales outlets
Porsche's deliveries in China are down 28 percent in 2024 from 2023, resulting in a 3 percent drop in its global deliveries from 2023.
China NEV sales at record 1.596 million in Dec, CAAM data show
- For the full year of 2024, China's NEV sales amounted to 12.866 million units, contributing 40.9 percent of all vehicle sales of 31.436 million units.
- The CAAM expects China's vehicle sales to reach 32.9 million units in 2025, of which 16 million are NEVs.
Tesla sells record 82,927 cars in China in Dec, exports 10,839 from Shanghai plant
In the fourth quarter, Tesla's retail sales in China were 196,902, contributing 39.73 percent of global deliveries.
China EV insurance registrations by brand for week ending Jan 5: Nio 3,000, Onvo 2,300, Tesla 5,500, BYD 36,500
- Major EV makers saw a significant drop in insurance registrations in China last week, due to the usual slow deliveries at the beginning of the month and the impact of the New Year's Day holiday.
- Xpeng overtook Li Auto at No. 1 in the new brands list for the first time.
China Dec NEV wholesale at record 1.5 million, CPCA estimates show
This is the fifth consecutive month that China's monthly NEV wholesale sales have exceeded 1 million units.