Monthly Data
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.
Model Y sells 480,309 units in China in 2024, 26.84% of Tesla's global deliveries
- Tesla China exported 76,380 Model Y units in 2024, a 54.58 percent decrease from 2023. The Model 3 exported 183,178 units, a 4.14 percent increase from 2023.
- For the full year 2024, Model 3 retail sales in China were 176,793 units, contributing 26.90 percent of Tesla's deliveries in China and 9.88 percent of global deliveries.
China NEV retail reaches record 1.3 million in Dec while penetration continues to decline
- China's NEV penetration at retail stood at 49.4 percent in December, marking the fourth consecutive monthly decline and the first time it has fallen below 50 percent since June.
- BEVs sold 762,000 units at retail in December, contributing 58.5 percent of all NEV retail sales, lower than 59.8 percent in November.
Tesla sells record 82,927 cars in China in Dec, exports 10,839 from Shanghai plant
In the fourth quarter, Tesla's retail sales in China were 196,902, contributing 39.73 percent of global deliveries.
China NEV retail at record 1.38 million in Dec, preliminary CPCA data show
China's NEV retail penetration was 52.6 percent in December and 47.97 percent in 2024, according to preliminary CPCA data.
