Monthly Data

Li Auto's cumulative deliveries for the year to the end of November were 325,677 vehicles, achieving its 2023 target of 300,000 units ahead of schedule.

Earlier today, Leapmotor announced promotions available for December, including up to RMB 17,000 in cash discounts, RMB 5,000 in option funds.

China's retail penetration of NEVs in November is expected to be around 39.4 percent, up from 37.8 percent in October.

Tesla Model Y retail sales in China were down 36.39 percent in October from September, while Model 3 was up 9.33 percent.

All three Li Auto models delivered more than 10,000 units in October, and all were record highs.

October was the first full month of deliveries for the updated G9 since its launch on September 19, and monthly deliveries were an all-time high for the model.

CATL's share of the Chinese EV battery market increased by 3.4 percentage points in October compared to September, while BYD's share decreased by 0.77 percentage points.

In the January-October period, BYD was No. 1 with a 36 percent share, Tesla was No. 2 with 7.8 percent and Nio was No. 9 with 2.1 percent.

Excluding exports, China's NEV sales in October were a record 832,000 units, up 2.9 percent from September.

The ES6 remains the best-selling Nio model, but deliveries were down from September, while deliveries of the EC6 coupe SUV were up significantly.