Weekly Data

Retail sales of all passenger vehicles in China for the period February 1-25 were 861,000 units, down 25 percent year-on-year and down 43 percent from the same period last month.

In the February 1-25 period, Nio was at 5,100, Xpeng at 3,000, Li Auto at 16,200, BYD at 81,000 and Tesla at 24,300.

China's NEV sales declined significantly in the first three weeks of February, mainly due to the Chinese New Year holiday.

Insurance registrations for major EV makers in China have dropped significantly over the past two weeks as people celebrate the traditional Chinese New Year holiday.

Most of the major EV makers saw insurance registrations fall last week, as the beginning of the month is usually a low point for deliveries.

China's passenger NEV retail sales stood at 596,000 units in January 1-28, up 92 percent from a year earlier but down 24 percent from a month earlier, data from the CPCA showed. (I…

For the January 1-28 period, Nio was 9,900 units, Xpeng 6,800, Li Auto 27,100, Tesla 35,200 and BYD 168,500.

China's NEV sales performance didn't continue to deteriorate last week, despite the beginning of the year usually is a low point for sales.

During the January 1-21 period, Li Auto was at 18,700, Nio at 6,600, Xpeng at 4,600, Tesla at 22,400 and BYD at 125,100 units.

China's NEV sales performed even worse at retail last week, leading to a significant drop in sales in the first half of the month compared to the same period in December.