EV Data
China Jan NEV wholesale at 900,000, down 40% from Dec, CPCA estimates show
In January, China's wholesale sales of passenger NEVs were estimated at 900,000 units, up 31 percent from a year earlier but down 40 percent from December, the CPCA said.
China EV insurance registrations for 2 weeks ending Feb 2: Nio 3,300, Onvo 2,480, Tesla 13,400, BYD 68,100
- Xpeng was at 11,100 units, Li Auto 11,000, Xiaomi 8,500, Zeekr 4,500, Leapmotor 9,500 and Aito 7,700.
- Industrial production in China was disrupted by the Chinese New Year holiday from January 28 to February 4.
BYD sells 300,538 NEVs in Jan, up 49% year-on-year while down 42% from Dec
- BYD was affected by seasonal factors like other EV makers.
- Performance in overseas markets was a bright spot, with sales of 66,336 units up 16.07 percent from December.
Zeekr delivers 11,942 cars in Jan, down 56% from Dec
Zeekr's deliveries in January were down 4.75 percent year-on-year and down 56.08 percent from December.
Nio delivers 13,863 cars in Jan, down 55% from Dec while up 38% year-on-year
- Nio Inc's deliveries in January were up 37.87 percent year-on-year, but down 55.48 percent from December.
- The Nio main brand delivered 7,951 units in January and Onvo brand 5,912 units.
Leapmotor delivers 25,170 cars in Jan, down 40.8% from Dec while doubling from a year ago
Leapmotor aims to deliver 500,000 vehicles in 2025.
Xpeng delivers 30,350 cars in Jan, overtaking Li Auto for 1st time in over 2 years
Xpeng's monthly deliveries surpassed local peer Li Auto for the first time since September 2022, with the Mona M03 again delivering more than 15,000 units.
Li Auto delivers 29,927 cars in Jan, almost halves from Dec
Li Auto delivered 29,927 vehicles in January, a decrease of 48.85 percent from December and down 3.97 percent from the same month last year.
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.
