Monthly Data

In the January-November period, BYD ranked first in China's NEV market with a 34.5 percent share, while Tesla ranked third with a 6.0 percent share.

Tesla sold 73,490 vehicles in China in November, its highest month of this year. Giga Shanghai's exports in November were the lowest since June 2022 at 5,366 units.

Retail sales of NEVs in China exceeded 1 million for the fourth consecutive month in November, although penetration declined sequentially for the third time in a row.

CATL and BYD continued to hold the top two positions as the world's largest battery makers in the January-October period, both increasing their share slightly from January-September.

China's retail penetration of NEVs was 52.2 percent in November and 47.36 percent year-to-date.

This is the fifth time that China's monthly NEV wholesale sales have exceeded 1 million units.

Tesla saw a rebound in China-made vehicle sales, including exports, last month, after seeing a dip in October.

Song family continued to rank as the top-selling BYD lineup with 118,743 vehicles sold in November, marking the third consecutive month of record highs.

BYD sold a record 506,804 NEVs in November, the second consecutive month over the 500,000 mark.

Nio delivered 20,575 vehicles in November, up 28.92 percent year-on-year but down 1.91 percent from October.