EV Data

From January to August, the Model Y sold 172,418 units in China, nearly tripling the sales of the Model 3, which has the seventh highest value retention rate.

BYD at 35,006 units, Tesla at 15,856 units, Li Auto at 2,628 units, Xpeng at 1,775 units and Nio at 1,745 units.

BYD's insurance registrations in China for the second week of September were 31,000, with 18,000 for Tesla and 1,613 for Nio.

This means that Zeekr has delivered more than 2,795 Zeekr 001 vehicles so far this month.

The models ahead of the Nio ET7 are all traditional internal combustion engine cars, dominated by models from German luxury brands BMW, Mercedes-Benz and Audi.

From January to August, the Tesla Model Y is also the best-selling premium SUV in China with 172,418 retail sales.

The penetration of NEVs in China reached a record 27.9 percent in August, up 3.4 percentage points from 24.5 percent in July.

In terms of wholesale sales, China's new energy passenger vehicle penetration rate reached a record 30.1 percent in August, the first time it exceeded 30 percent.

Tesla China exported 42,463 vehicles in August, the highest since production began at Tesla's Shanghai plant. This means Chinese consumers received deliveries of 34,502 vehicles.

This would include 6.99 million BEVs and 3.37 million PHEVs, according to a team of local analysts.