Monthly EV Sales

In January-February, Xpeng delivered 60,803 vehicles, up 375.21 percent from 12,795 in the same period last year.

Li Auto's deliveries in February were up 29.69 percent year-on-year, but down 12.24 percent from January.

Overall passenger car retail sales for February are expected to be around 1.25 million units, up 13.6 percent year-on-year but down 30.3 percent from January.

China's January NEV exports totaled 150,000 units, marking the second consecutive month of record highs, boosted by higher BEV exports.

BYD's share of China's NEV market in January was below the 31.0 percent recorded in December 2024, as sales declined.

The Li L6 is Li Auto's least expensive, contributing 46.75 percent of January deliveries.

The Mona M03 contributed 50.16 percent of Xpeng's deliveries in January, while the P7+ contributed 26.73 percent.

The ES6 contributed 19.30 percent of Nio Inc's deliveries in January, while the ET5 Touring contributed 14.13 percent.

China's overall passenger car retail sales in January totaled 1.794 million units, down 12.1 percent year-on-year and down 31.9 percent from December.

Tesla's January retail sales within China were 15.49 percent lower year-on-year and 59.36 percent lower than in December, partly due to the disruption of the Chinese New Year holiday.