Monthly EV Sales

February is traditionally a slow month for car sales, and BYD's Dynasty and Ocean series models have seen price increases since February 1.

BYD sold 43,173 all-electric passenger vehicles and 44,300 plug-in hybrid passenger vehicles in February.

This was down 37.3 percent from 72,236 units in January and accounted for 14 percent of the group's sales of all models in February.

That's down 46.8 percent from 16,031 units in January, which the company blamed on the Chinese New Year holiday and the impact of capacity expansion at its plant.

This is a 35 percent decrease from 11,009 vehicles in January. Neta now offers three models in China, most starting at less than 100,000 yuan.

Zeekr has delivered a total of 12,453 Zeekr 001s since deliveries began in October last year.

The delivery volume was down 51.7 percent from January, mainly due to an upgrade of Xpeng's Zhaoqing plant during the Chinese New Year holiday.

Production at Li Auto was affected by a shortage of parts due to the Chinese New Year holiday and the Covid-19 outbreak in Suzhou, the company said.

Nio suspended production at the Nio-JAC plant during the Chinese New Year holiday from January 31 to February 1 and adjusted the production line to prepare for the delivery of ET7 in March.

This was down 57.5 percent from 8,085 units in January, which the company blamed on the Chinese New Year holiday.