Deliveries

This means Zeekr has delivered 6,818 vehicles so far this month, considering it had 93,182 cumulative deliveries through the end of March.

Nio sold 2,000 units last week, up from 700 the week before and 1,316 in the first week of April.

Nio's weak performance may be because it is on the eve of multiple product switches, as it will begin deliveries of the new ET7, new ES6, EC7 in May and will begin deliveries of the new ES8 in June.

Starting this week, insurance registration data will no longer be available, with Li Auto's sharing a surprise exception.

From January to March, Tesla Model Y retail sales in China were 94,647 units, second only to BYD Song's 141,415 units.

The CAAM proposes that China's central and local governments continue to introduce policies to promote auto consumption, given the current weak market expectations.

In retail, China's NEV penetration rate was 34.2 percent in March, up 6 percentage points from 28.2 percent in March 2022 and up from 31.6 percent in February.

Tesla's share of the NEV market in China was 14.12 percent in March and 20.02 percent in the BEV market.

In the first quarter, Tesla sold 229,322 China-made vehicles, contributing 54 percent of its global deliveries in the quarter.

In the past five weeks, Nio vehicles had 11,929 insurance registrations. The company delivered 10,378 vehicles in March.