Monthly Data

Li Auto delivered 48,122 vehicles in August, down 5.64 percent from July. It delivered more than 20,000 units of its lowest-priced Li L6 for the third consecutive month.

China's NEV retail penetration is set to exceed 50 percent for the second consecutive month and reach a new record high of 53.2 percent.

In the January-July period, BYD was No. 1 in the NEV market by retail with a 34.1 percent share, while Tesla was No. 3 with a 6.5 percent share.

CATL's share increased by 2.24 percentage points in July compared to June, while BYD decreased by 2.49 percentage points.

China's BEV sales in July stood at 551,000 units, down 10 percent from June, while PHEV sales grew to a new record high of 438,000 units.

China's retail penetration of NEVs reached a record 51.1 percent in July, the first time it has exceeded the 50 percent mark, meaning that for the first time, NEVs overtook conventional gasoline vehicles in new car sales.

Tesla's July sales in China decreased by 21.99 percent from 59,261 in June as exports from its Shanghai factory increased by 137.44 percent.

China's NEV penetration at retail stood at 50.84 percent in July, the first time in history it has exceeded 50 percent, according to preliminary CPCA data.

CATL and BYD continued to hold the top two positions as the world's largest battery makers in the first half of 2024, both increasing their share slightly from January-May.

July was traditionally a slow production season, while a lack of demand and extreme weather in some regions led to overall weakness in the auto market, according to the CPCA.