Monthly Data
BYD sells 300,538 NEVs in Jan, up 49% year-on-year while down 42% from Dec
- BYD was affected by seasonal factors like other EV makers.
- Performance in overseas markets was a bright spot, with sales of 66,336 units up 16.07 percent from December.
Zeekr delivers 11,942 cars in Jan, down 56% from Dec
Zeekr's deliveries in January were down 4.75 percent year-on-year and down 56.08 percent from December.
Nio delivers 13,863 cars in Jan, down 55% from Dec while up 38% year-on-year
- Nio Inc's deliveries in January were up 37.87 percent year-on-year, but down 55.48 percent from December.
- The Nio main brand delivered 7,951 units in January and Onvo brand 5,912 units.
Leapmotor delivers 25,170 cars in Jan, down 40.8% from Dec while doubling from a year ago
Leapmotor aims to deliver 500,000 vehicles in 2025.
Xpeng delivers 30,350 cars in Jan, overtaking Li Auto for 1st time in over 2 years
Xpeng's monthly deliveries surpassed local peer Li Auto for the first time since September 2022, with the Mona M03 again delivering more than 15,000 units.
Li Auto delivers 29,927 cars in Jan, almost halves from Dec
Li Auto delivered 29,927 vehicles in January, a decrease of 48.85 percent from December and down 3.97 percent from the same month last year.
CPCA expects China Jan NEV retail at 720,000 units, down 44.7% from Dec
China's auto market is expected to continue to show seasonality at the start of the year, with overall passenger car retail sales expected to be around 1.75 million units, down 33.6 percent from the previous month.
China EV battery installations in Dec: CATL share at 45.48%, BYD 23.19%
- In December, China's power battery installed capacity was 75.4 GWh, up 57.3 percent year-on-year and up 12.2 percent from November.
- For the full year of 2024, CATL ranked first with 45.08 percent share, BYD ranked second with 24.74 percent share, and CALB ranked third with 6.68 percent share.
China NEV sales at record 1.596 million in Dec, CAAM data show
- For the full year of 2024, China's NEV sales amounted to 12.866 million units, contributing 40.9 percent of all vehicle sales of 31.436 million units.
- The CAAM expects China's vehicle sales to reach 32.9 million units in 2025, of which 16 million are NEVs.
Automakers' share of China NEV market in 2024: BYD tops with 34.1%, Tesla 3rd with 6.0%
- Tesla had retail sales of 657,102 units in China in 2024, ranking third in the Chinese NEV market with a 6.0 percent share.
- BYD ranks first with 3,718,281 retail sales of NEVs and 34.1 percent share.
