Sales Target

Li Auto's management was expecting 70,000 to 80,000 units of the Li Mega for the full year prior to its launch, and is now discussing whether to lower that to 50,000 to 60,000 units, according to local media.

BYD is set to announce a 4-million-unit target, with a higher 4.2 million sales forecast given to suppliers, including 2 million BEVs, and 2.2 million PHEVs, according to local media.

SAIC-GM-Wuling had NEV retail sales of 457,848 in 2023, ranking fifth in the segment with a 5.9 percent share.

Voyah delivered 50,552 vehicles in 2023, and the target implies about 100 percent growth.

SAIC sold about 1.21 million vehicles overseas in 2023, and the target implies a 12 percent growth.

Li Auto is aiming to sell at least 400,000 units of its three existing models in 2024, with a new EREV Li L6 selling 30,000 units a month and the Li Mega MPV selling 8,000 units a month. It will launch three new BEV models in the second half of the year.

Zeekr aims to deliver more than 230,000 vehicles in 2024, doubling from 2023, a company spokesperson told CnEVPost.

Li Auto delivered a record 50,353 vehicles in December and 376,030 for the full year 2023.

Aito plans to launch a new model, the M8, in 2024, when it will have at least four models on sale, according to local media.

Deepal delivered 15,513 vehicles in October, taking January-October deliveries to 102,417 vehicles.