Monthly Data

Zeekr's only model currently on sale, the Zeekr 001, saw an increase in price or a reduction in the benefits offered to consumers today.

Nio sold 9,829 units in March, higher than BMW's 3,123 units, Mercedes-Benz's 1,199 units and Audi's 116 units of BEVs in China, according to CATARC data.

Ford unveiled the Mustang Mach-E in China last April and made its first delivery on December 26.

Some of WM Motor's models saw price increases on March 1, amid price hikes by many Chinese automakers.

In the luxury pure electric vehicle market priced above RMB 500,000, HiPhi achieved a 28 percent market share in the first quarter, it claimed.

In China's premium SUV market, Model Y sales of 39,730 units in March were 3.1 times the sales of the Mercedes-Benz GLC.

CATL's installed base in China in March was 10.81 GWh, capturing 50.49 percent of the market share, up 2.47 percentage points from February.

LFP batteries lead ternary batteries in China for the ninth consecutive month.

China's auto industry is facing higher costs and a lack of consumer momentum, but production and sales of NEVs have continued their rapid growth, the CAAM said.

Due to the price hikes, NEV orders before the price hikes performed well, with ample orders overall, the CPCA said.