EV Data
CPCA expects China Feb NEV retail at 600,000, down 19% from Jan
Overall passenger car retail sales for February are expected to be around 1.25 million units, up 13.6 percent year-on-year but down 30.3 percent from January.
China EV insurance registrations by brand for week ending Feb 16: Nio 1,900, Onvo 900, Tesla 7,500, Xiaomi 6,900, BYD 46,800
- Xpeng was at 8,100 units, Li Auto 7,500, Zeekr 3,600, Leapmotor 5,200 and Aito 3,000.
- Major EV makers saw increased insurance registrations last week, albeit still at low levels.
China Jan NEV sales fall to 944,000 while exports hit record high, CAAM data show
- China exported 150,000 units of NEVs in January, the second consecutive record high.
- BEV exports in January were 100,000 units, up 20.4 percent from December, while PHEVs exports were 50,000 units, down 0.1 percent from December.
Automakers' share of China NEV market in Jan: BYD tops with 26.9%, Tesla 6th with 4.5%
- BYD's January share of China's NEV market was lower than its December 2024 share of 31.0 percent.
- In the overall passenger car market, which includes conventional internal combustion engine vehicles, Geely ranked first with a 13.4 percent share, ahead of BYD's 11.2 percent.
Li Auto Jan deliveries breakdown: Li L6 13,990, Li L7 6,493
- The Li L6, Li Auto's least expensive, contributed 46.75 percent of January deliveries.
- The Li Mega, Li Auto's highest priced model, delivered 807 units in January.
Xpeng Jan deliveries breakdown: Mona M03 15,225, P7+ 8,114
- The Mona M03 contributed 50.16 percent of Xpeng's deliveries in January, and the P7+ contributed 26.73 percent.
- The highest priced X9 delivered 821 units in January.
Nio Jan deliveries breakdown: ES6 2,676, ET5 Touring 1,959
- The ES6 contributed 19.30 percent of Nio Inc's deliveries in January, while the ET5 Touring contributed 14.13 percent.
- The Onvo L60 contributed 42.65 percent of Nio Inc's deliveries in January.
China Jan NEV retail at 744,000, up 10.5% year-on-year while down 42.9% from Dec
- Overall passenger car retail sales in January were 1.794 million units, down 12.1 percent year-on-year and down 31.9 percent from December.
- Many consumers completed their car-buying plans at the end of 2024, and there was less time for effective sales in January than before, the CPCA said.
China EV insurance registrations by brand for week ending Feb 9: Nio 1,100, Tesla 6,200, Xiaomi 4,400, BYD 28,900
- Xpeng was at 3,400 units, Li Auto 4,700, Zeekr 2,400, Leapmotor 2,700, and Aito 1,100.
- The lower numbers persisted because of the disruption caused by the January 28-February 4 Chinese New Year holiday.
China NEV retail at 786,000 in Jan, up 17% year-on-year while down 40% from Dec, preliminary CPCA data show
Overall passenger car retail sales in January were 1.85 million units, down 9 percent year-on-year and down 30 percent from December.