Expectations
CPCA expects China NEV retail sales to rise 10.5% MoM to 580,000 in May
Passenger vehicle sales in China are expected to be around 1.73 million units in May, up 27.7 percent year-on-year and up 6.6 percent from April, the CPCA said.
China's NEV wholesale in April at about 600,000 units, CPCA estimates show
China's auto industry price war faded in April, easing consumer wait-and-see sentiment and releasing suppressed demand, the CPCA said.
CPCA expects China Apr NEV retail sales to fall 8.4% from Mar to about 500,000 units
April passenger vehicle sales in China are expected to be around 1.57 million units, down 1.3 percent from March, the CPCA said.
Li Auto CEO predicts China NEV penetration to exceed 80% by Dec 2025
The years 2023-2025 for China's smart EV market will be like the last three years of World War II in history from 1943-1945, said Li Xiang.
China's Mar passenger NEV wholesale sales up 20% MoM to 600,000, CPCA estimates show
In the first quarter, wholesale sales of new energy passenger vehicles in China are expected to be 1.48 million, up 25 percent year-on-year, the CPCA said.
BYD expects its Q1 NEV sales to grow over 80% YoY, aims to be largest automaker in China by year-end
Based on January-February retail sales, BYD is already the largest automaker in China with an 11.8 percent share.
CPCA expects China's Mar NEV retail sales to rise 27.5% from Feb to 560,000 units
The overall market is recovering at a slower pace than previously expected due to increased consumer wait-and-see sentiment caused by big price cuts, the CPCA said.
CPCA expects Feb NEV sales in China to grow 20% from Jan
Retail sales of new energy passenger vehicles in China are expected to be around 400,000 units in February, with a penetration rate of 29.6 percent, according to preliminary estimates by the CPCA.
CICC expects China NEV sales to reach 1.5 million in Q1, with Jan as recent low point
CICC expects the first quarter to contribute 15.7 percent of China's 2023 NEV sales, with 20.7 percent, 27.6 percent and 35.9 percent from the second to fourth quarters, respectively.
Nio's William Li expects China's auto industry chain to stabilize by March or April
"I am very confident that in the near future, China supply chain and the auto industry will return to normal," Li said.