Monthly Data

The Qin family of models sold a record 40,850 units in March, surpassing the Song family's 40,510 units to become the best-selling BYD model for the month.

In the first quarter, BYD sold 552,076 NEVs, up 92.81 percent year-on-year, but down 19.22 percent from the fourth quarter of last year.

In March, GAC Aion sold 40,016 vehicles, Leapmotor delivered 6,172 and Shenlan 8,568.

In the first quarter, Zeekr delivered 15,234 units, up 84.86 percent year-on-year, but down 53.08 percent from the fourth quarter.

Xpeng's new sports sedan, the P7i, launched for the China market in March, generated favorable market reception and its order backlog is gathering strong momentum, it said.

Nio delivered 31,041 vehicles in the first quarter, slightly above the lower end of its previous guidance range of 31,000 to 33,000 vehicles.

Li Auto delivered 52,584 vehicles in the first quarter, slightly above the lower end of the previous guidance range of 52,000 to 55,000 vehicles.

CATL's share in January-February was the same as in January, while BYD saw its share rise.

The overall market is recovering at a slower pace than previously expected due to increased consumer wait-and-see sentiment caused by big price cuts, the CPCA said.

BYD's share in February was essentially unchanged from January, while CALB's share grew significantly.