Monthly EV Sales

SAIC-GM-Wuling had an 8.3 percent share of China's NEV retail sales in July, Nio at 2.1 percent and Tesla China at 1.7 percent.

From January to July, the Tesla Model Y remained at the top of the premium SUV sales rankings.

From January to July, the Nio ET7 ranked No. 9, up one spot from No. 10 the previous month.

Improved supply and expectations of higher oil prices have kept the NEV market booming with strong order books, the CPCA said.

Tesla China's sharp decrease in wholesale sales in July was not due to a new obstacle to its operations, but rather to production line upgrades.

That's down 62 percent from June's record 78,906 units, as Tesla halted production at its Shanghai plant for about two weeks to upgrade its production lines.

Since deliveries began in July 2020, BYD's flagship Han family of sedans has sold a total of 281,293 units.

BYD sold 4,026 new energy passenger vehicles in July in overseas markets, the first time it has provided this breakdown in its monthly sales report.

The only model currently being delivered by AITO is the AITO M5 SUV with extended-range technology, with a cumulative total of 25,545 units delivered since deliveries began in March.

Edison Yu's team sees a strong rebound for Nio in the next few months as it works through a casting parts issue.