Improved cruising range, LiDAR, and updated styling, China finally gets the refreshed P7.
The post Refreshed Xpeng P7i launched in China with 702km cruising range appeared first on CarNewsChina.com.
Category: China
Full CPCA rankings: Top-selling models and automakers in China in Feb
This article contains 20 tables compiled by CnEVPost based on data from the CPCA, showing which models and car companies sold the most in China in February.
The China Passenger Car Association (CPCA) announced on March 9 the top selling models and car companies in China in February, presenting a panoramic view of the Chinese auto industry.
CnEVPost highlighted the NIO ET5 and Tesla's Model Y on these lists in yesterday's articles.
Here are 20 tables CnEVPost compiled based on data from the CPCA, in case you wish to know more details about these rankings.
| Top-selling sedans at retail in China in Feb 2023 | ||||
|---|---|---|---|---|
| Ranking | Model | Feb 2023 | Feb 2022 | YoY |
| 1 | BYD Qin | 30,540 | 24,501 | 24.6% |
| 2 | Hongguang Mini EV | 30,267 | 26,116 | 15.9% |
| 3 | Nissan Sylphy | 26,102 | 28,519 | -8.5% |
| 4 | BYD Dolphin | 22,682 | 8,561 | 164.9% |
| 5 | Volkswagen Lavida | 21,269 | 26,707 | -20.4% |
| 6 | Aion S | 16,827 | 3,380 | 397.8% |
| 7 | Volkswagen Sagitar | 14,526 | 12,540 | 15.8% |
| 8 | Toyota Camry | 14,401 | 14,228 | 1.2% |
| 9 | Honda Accord | 13,218 | 13,816 | -4.3% |
| 10 | Toyota Levin | 13,200 | 9,142 | 44.4% |
| 11 | Toyota Corolla | 12,899 | 15,595 | -17.3% |
| 12 | Geely Emgrand | 12,347 | 12,574 | -1.8% |
| 13 | BYD Han | 12,265 | 9,284 | 32.1% |
| 14 | Audi A6L | 12,167 | 8,153 | 49.2% |
| 15 | Mercedes-Benz E-Class | 12,153 | 9,378 | 29.6% |
| Top-selling sedans at retail in China in Jan-Feb 2023 | ||||
|---|---|---|---|---|
| Ranking | Model | Jan-Feb 2023 | Jan-Feb 2022 | YoY |
| 1 | Nissan Sylphy | 49,609 | 78,501 | -36.8% |
| 2 | Volkswagen Lavida | 48,186 | 71,995 | -33.1% |
| 3 | Wuling Hongguang Mini | 46,683 | 52,798 | -11.6% |
| 4 | BYD Qin | 44,725 | 51,043 | -12.4% |
| 5 | BYD Dolphin | 40,264 | 19,163 | 110.1% |
| 6 | Volkswagen Sagitar | 34,980 | 40,275 | -13.1% |
| 7 | Toyota Camry | 28,797 | 39,178 | -26.5% |
| 8 | Honda Accord | 27,812 | 36,723 | -24.3% |
| 9 | Mercedes-Benz E-Class | 26,696 | 30,398 | -12.2% |
| 10 | BMW 5 Series | 25,737 | 35,444 | -27.4% |
| 11 | Toyota Corolla | 25,489 | 26,242 | -2.9% |
| 12 | Audi A6L | 24,632 | 21,220 | 16.1% |
| 13 | Geely Emgrand | 24,491 | 32,825 | -25.4% |
| 14 | BYD Han | 23,983 | 22,064 | 8.7% |
| 15 | Volkswagen Bora | 23,596 | 32,040 | -26.4% |
| Top-selling high-end sedans at retail in China in Feb 2023 | ||||
|---|---|---|---|---|
| Ranking | Model | Feb 2023 | Feb 2022 | YoY |
| 1 | Audi A6L | 12,167 | 8,153 | 49.2% |
| 2 | Mercedes-Benz E-Class | 12,153 | 9,378 | 29.6% |
| 3 | Mercedes-Benz C-Class | 11,869 | 5,298 | 124.0% |
| 4 | BMW 5 Series | 9,609 | 9,352 | 2.7% |
| 5 | BMW 3 Series | 8,868 | 10,185 | -12.9% |
| 6 | Audi A4L | 6,935 | 9,460 | -26.7% |
| 7 | NIO ET5 | 6,471 | NA | NA |
| 8 | BMW 3 Series BEV | 2,976 | NA | NA |
| 9 | Volvo S90 | 2,893 | 1,666 | 73.6% |
| 10 | Hongqi H9 | 1,159 | 1,477 | -21.5% |
| High-end models are those with a starting price of more than RMB 300,000. | ||||
| Top-selling high-end sedans at retail in China in Jan-Feb 2023 | ||||
|---|---|---|---|---|
| Ranking | Model | Jan-Feb 2023 | Jan-Feb 2022 | YoY |
| 1 | Mercedes-Benz E-Class | 26,696 | 30,398 | -12.2% |
| 2 | BMW 5 Series | 25,737 | 35,444 | -27.4% |
| 3 | Audi A6L | 24,632 | 21,220 | 16.1% |
| 4 | Mercedes-Benz C-Class | 17,762 | 15,571 | 14.1% |
| 5 | BMW 3 Series | 16,627 | 34,581 | -51.9% |
| 6 | NIO ET5 | 12,266 | NA | NA |
| 7 | Audi A4L | 11,878 | 26,204 | -54.7% |
| 8 | BMW 3 Series BEV | 6,600 | NA | NA |
| 9 | Volvo S90 | 5,174 | 4,552 | 13.7% |
| 10 | Hongqi H9 | 1,962 | 4,563 | -57.0% |
| High-end models are those with a starting price of more than RMB 300,000. | ||||
| Top-selling new energy sedans at retail in China in Feb 2023 | ||||
|---|---|---|---|---|
| Ranking | Model | Feb 2023 | Feb 2022 | YoY |
| 1 | BYD Qin | 30,540 | 24,501 | 24.6% |
| 2 | Wuling Hongguang Mini | 30,267 | 26,116 | 15.9% |
| 3 | BYD Dolphin | 22,682 | 8,561 | 164.9% |
| 4 | Aion S | 16,827 | 3,380 | 397.8% |
| 5 | BYD Han | 12,265 | 9,284 | 32.1% |
| 6 | Changan Lumin | 9,105 | NA | NA |
| 7 | Tesla Model 3 | 8,397 | 4,607 | 82.3% |
| 8 | BYD Seal | 7,754 | NA | NA |
| 9 | Geely Panda Mini | 6,661 | NA | NA |
| 10 | NIO ET5 | 6,471 | NA | NA |
| 11 | BYD Destroyer 05 | 4,760 | NA | NA |
| 12 | Shenlan SL03 | 4,103 | NA | NA |
| 13 | Chery QQ Ice Cream | 3,134 | 6,442 | -51.4% |
| 14 | BMW 3 Series BEV | 2,976 | NA | NA |
| 15 | Buick Velite 6 | 2,923 | 2,014 | 45.1% |
| Top-selling new energy sedans at retail in China in Jan-Feb 2023 | ||||
|---|---|---|---|---|
| Ranking | Model | Jan-Feb 2023 | Jan-Feb 2022 | YoY |
| 1 | Wuling Hongguang Mini | 46,683 | 52,798 | -11.6% |
| 2 | BYD Qin | 44,725 | 51,043 | -12.4% |
| 3 | BYD Dolphin | 40,264 | 19,163 | 110.1% |
| 4 | BYD Han | 23,983 | 22,064 | 8.7% |
| 5 | Aion S | 21,918 | 10,429 | 110.2% |
| 6 | Tesla Model 3 | 21,056 | 7,595 | 177.2% |
| 7 | BYD Seal | 14,372 | NA | NA |
| 8 | Changan Lumin | 13,816 | NA | NA |
| 9 | NIO ET5 | 12,266 | NA | NA |
| 10 | Shenlan SL03 | 10,240 | NA | NA |
| 11 | BYD Destroyer 05 | 9,616 | NA | NA |
| 12 | Hongqi E-QM5 | 9,174 | 1,130 | 711.9% |
| 13 | Geely Panda Mini | 6,661 | NA | NA |
| 14 | BMW 3 Series BEV | 6,600 | NA | NA |
| 15 | Chery QQ Ice Cream | 5,870 | 16,426 | -64.3% |
| Top-selling SUVs at retail in China in Feb 2023 | ||||
|---|---|---|---|---|
| Ranking | Model | Feb 2023 | Feb 2022 | YoY |
| 1 | BYD Song | 51,592 | 24,532 | 110.3% |
| 2 | Tesla Model Y | 25,526 | 18,593 | 37.3% |
| 3 | BYD Yuan Plus | 20,279 | 4,515 | 349.1% |
| 4 | Haval H6 | 16,489 | 18,790 | -12.2% |
| 5 | Honda CR-V | 14,052 | 22,260 | -36.9% |
| 6 | Changan CS75 | 13,410 | 12,297 | 9.1% |
| 7 | Changan CS55 | 13,086 | 5,013 | 161.0% |
| 8 | Aion Y | 12,996 | 2,986 | 335.2% |
| 9 | BYD Tang | 12,029 | 10,026 | 20.0% |
| 10 | Geely Boyue L | 11,637 | NA | NA |
| 11 | Hongqi HS5 | 11,320 | 9,106 | 24.3% |
| 12 | BMW X3 | 11,317 | 8,819 | 28.3% |
| 13 | Nissan Qashqai | 9,704 | 9,743 | -0.4% |
| 14 | Geely Xingyue L | 9,611 | 7,022 | 36.9% |
| 15 | Toyota Wildlander | 9,383 | 7,994 | 17.4% |
| Top-selling SUVs at retail in China in Jan-Feb 2023 | ||||
|---|---|---|---|---|
| Ranking | Model | Jan-Feb 2023 | Jan-Feb 2022 | YoY |
| 1 | BYD Song | 101,301 | 46,981 | 115.60% |
| 2 | Tesla Model Y | 39,710 | 34,951 | 13.60% |
| 3 | Changan CS75 | 35,030 | 44,419 | -21.10% |
| 4 | BYD Yuan Plus | 34,621 | 6,515 | 431.40% |
| 5 | Haval H6 | 33,152 | 52,108 | -36.40% |
| 6 | Changan CS55 | 26,106 | 34,864 | -25.10% |
| 7 | Geely Boyue L | 25,272 | NA | NA |
| 8 | Mercedes-Benz GLC | 23,125 | 32,289 | -28.40% |
| 9 | BMW X3 | 21,930 | 28,361 | -22.70% |
| 10 | Honda CR-V | 21,690 | 39,875 | -45.60% |
| 11 | BYD Tang | 20,571 | 18,873 | 9.00% |
| 12 | Geely Xingyue L | 19,859 | 18,505 | 7.30% |
| 13 | Hongqi HS5 | 17,947 | 25,385 | -29.30% |
| 14 | Geely Binyue | 17,900 | 14,952 | 19.70% |
| 15 | Aion Y | 17,788 | 9,399 | 89.30% |
| Top-selling high-end SUVs at retail in China in Feb 2023 | ||||
|---|---|---|---|---|
| Ranking | Model | Feb 2023 | Feb 2022 | YoY |
| 1 | BMW X3 | 11,317 | 8,819 | 28.3% |
| 2 | Mercedes-Benz GLC | 8,808 | 9,958 | -11.5% |
| 3 | Audi Q5L | 8,414 | 8,859 | -5.0% |
| 4 | Li Auto L8 | 8,192 | NA | NA |
| 5 | Li Auto Li L9 | 7,299 | NA | NA |
| 6 | BMW X5 | 7,034 | NA | NA |
| 7 | Mercedes-Benz GLB | 5,954 | 3,030 | 96.5% |
| 8 | Volvo XC60 | 4,973 | 3,085 | 61.2% |
| 9 | Cadillac XT5 | 3,483 | 3,154 | 10.4% |
| 10 | Volkswagen Teramont | 3,085 | 2,655 | 16.2% |
| Top-selling high-end SUVs at retail in China in Jan-Feb 2023 | ||||
|---|---|---|---|---|
| Ranking | Model | Jan-Feb 2023 | Jan-Feb 2022 | YoY |
| 1 | Mercedes-Benz GLC | 23,125 | 32,289 | -28.4% |
| 2 | BMW X3 | 21,930 | 28,361 | -22.7% |
| 3 | BMW X5 | 17,728 | NA | NA |
| 4 | Li Auto Li L9 | 15,295 | NA | NA |
| 5 | Audi Q5L | 14,881 | 25,921 | -42.6% |
| 6 | Li Auto L8 | 14,291 | NA | NA |
| 7 | Volvo XC60 | 9,769 | 8,249 | 18.4% |
| 8 | Mercedes-Benz GLB | 9,138 | 9,537 | -4.2% |
| 9 | Volkswagen Teramont | 5,945 | 7,491 | -20.6% |
| 10 | Cadillac XT5 | 4,340 | 8,331 | -47.9% |
| Top-selling new energy SUVs at retail in China in Feb 2023 | ||||
|---|---|---|---|---|
| Ranking | Model | Feb 2023 | Feb 2022 | YoY |
| 1 | BYD Song | 51,592 | 22,754 | 126.70% |
| 2 | Tesla Model Y | 25,526 | 18,593 | 37.30% |
| 3 | BYD Yuan Plus | 20,279 | 4,515 | 349.10% |
| 4 | Aion Y | 12,996 | 2,986 | 335.20% |
| 5 | BYD Tang | 12,029 | 10,026 | 20.00% |
| 6 | Li Auto L8 | 8,192 | NA | NA |
| 7 | Li Auto Li L9 | 7,299 | NA | NA |
| 8 | BYD Frigate 07 | 6,429 | NA | NA |
| 9 | Neta V | 5,013 | 4,073 | 23.10% |
| 10 | Zeekr 001 | 4,839 | 2,916 | 65.90% |
| 11 | Smart #1 | 3,616 | NA | NA |
| 12 | Neta U | 3,012 | 3,044 | -1.10% |
| 13 | BMW X3 | 2,859 | 1,472 | 94.20% |
| 14 | NIO ES6 | 2,848 | 3,309 | -13.90% |
| 15 | AITO M5 | 2,298 | 1,061 | 116.60% |
| Top-selling new energy SUVs at retail in China in Jan-Feb 2023 | ||||
|---|---|---|---|---|
| Ranking | Model | Jan-Feb 2023 | Jan-Feb 2022 | YoY |
| 1 | BYD Song | 101,301 | 43,476 | 133.0% |
| 2 | Zeekr 001 | 39,710 | 34,951 | 13.6% |
| 3 | Tesla Model Y | 34,621 | 6,515 | 431.4% |
| 4 | BYD Yuan Plus | 20,571 | 18,873 | 9.0% |
| 5 | BYD Tang | 17,788 | 9,399 | 89.3% |
| 6 | Aion Y | 15,295 | NA | NA |
| 7 | Li Auto Li L9 | 14,291 | NA | NA |
| 8 | Li Auto L8 | 11,472 | NA | NA |
| 9 | BYD Frigate 07 | 8,500 | 10,555 | -19.5% |
| 10 | Neta V | 7,955 | 6,446 | 23.4% |
| 11 | Smart #1 | 6,786 | NA | NA |
| 12 | BMW X3 | 5,122 | 3,203 | 59.9% |
| 13 | AITO M5 | 5,030 | 1,876 | 168.1% |
| 14 | Neta U | 4,024 | 7,571 | -46.8% |
| 15 | NIO ES6 | 3,720 | 8,556 | -56.5% |
| Top-selling MPVs at retail in China in Feb 2023 | ||||
|---|---|---|---|---|
| Ranking | Model | Feb 2023 | Feb 2022 | YoY |
| 1 | Wuling Hongguang | 12,933 | 17,847 | -27.50% |
| 2 | Buick GL8 | 8,011 | 9,090 | -11.90% |
| 3 | Denza D9 | 7,325 | NA | NA |
| 4 | GAC Trumpchi M8 | 6,331 | 5,001 | 26.60% |
| 5 | Toyota Sienna | 5,653 | 4,120 | 37.20% |
| 6 | Toyota Granvia | 4,384 | NA | NA |
| 7 | Wuling Jiachen | 3,921 | NA | NA |
| 8 | GAC Trumpchi M6 | 3,745 | 2,039 | 83.70% |
| 9 | Dongfeng Fengxing Lingzhi | 2,919 | 3,357 | -13.00% |
| 10 | Honda Elysion | 2,750 | 2,497 | 10.10% |
| 11 | Honda Odyssey | 2,033 | 3,069 | -33.80% |
| 12 | Brilliance Xinyuan Jinhaishi | 1,700 | 781 | 117.70% |
| 13 | JAC Ruifeng | 1,686 | 1,007 | 67.40% |
| 14 | Buick Century | 1,614 | NA | NA |
| 15 | Mercedes-Benz Vito | 1,408 | 847 | 66.20% |
| Top-selling MPVs at retail in China in Jan-Feb 2023 | ||||
|---|---|---|---|---|
| Ranking | Model | Jan-Feb 2023 | Jan-Feb 2022 | YoY |
| 1 | Wuling Hongguang | 23,415 | 43,910 | -46.70% |
| 2 | Denza D9 | 13,763 | NA | NA |
| 3 | Toyota Sienna | 12,274 | 8,449 | 45.30% |
| 4 | Buick GL8 | 11,328 | 25,147 | -55.00% |
| 5 | GAC Trumpchi M8 | 10,862 | 7,010 | 55.00% |
| 6 | Wuling Jiachen | 8,553 | NA | NA |
| 7 | GAC Trumpchi M6 | 6,252 | 8,350 | -25.10% |
| 8 | Toyota Granvia | 6,234 | NA | NA |
| 9 | Honda Elysion | 4,297 | 4,788 | -10.30% |
| 10 | Dongfeng Fengxing Lingzhi | 4,090 | 8,399 | -51.30% |
| 11 | Honda Odyssey | 3,792 | 7,921 | -52.10% |
| 12 | Buick Century | 3,204 | NA | NA |
| 13 | JAC Ruifeng | 3,186 | 3,606 | -11.60% |
| 14 | Brilliance Xinyuan Jinhaishi | 2,165 | 1,141 | 89.70% |
| 15 | Mercedes-Benz V-Class | 2,064 | 2,797 | -26.20% |
| Automakers with highest retail sales of NEVs in China in Feb 2023 | |||||
|---|---|---|---|---|---|
| Ranking | Automaker | Feb 2023 | Feb 2022 | YoY | Share |
| 1 | BYD | 176,662 | 86,669 | 103.8% | 39.8% |
| 2 | Tesla China | 33,923 | 23,200 | 46.2% | 7.6% |
| 3 | SAIC-GM-Wuling | 32,709 | 29,229 | 11.9% | 7.4% |
| 4 | GAC Aion | 30,086 | 8,526 | 252.9% | 6.8% |
| 5 | Geely | 22,391 | 13,697 | 63.5% | 5.0% |
| 6 | Changan | 19,106 | 5,560 | 243.6% | 4.3% |
| 7 | Li Auto | 16,620 | 8,414 | 97.5% | 3.7% |
| 8 | NIO | 12,157 | 6,131 | 98.3% | 2.7% |
| 9 | Neta | 10,073 | 7,117 | 41.5% | 2.3% |
| 10 | Chery | 7,999 | 10,718 | -25.4% | 1.8% |
| 11 | Great Wall Motor | 7,405 | 6,347 | 16.7% | 1.7% |
| 12 | BMW Brilliance | 6,568 | 2,762 | 137.8% | 1.5% |
| 13 | FAW-Volkswagen | 6,069 | 4,934 | 23.0% | 1.4% |
| 14 | XPeng | 6,010 | 6,225 | -3.5% | 1.4% |
| 15 | SAIC-GM | 3,694 | 2,208 | 67.3% | 0.8% |
| Automakers with highest retail sales of NEVs in China in Jan-Feb 2023 | |||||
|---|---|---|---|---|---|
| Ranking | Automaker | Jan-Feb 2023 | Jan-Feb 2022 | YoY | Share |
| 1 | BYD | 316,417 | 179,457 | 76.3% | 40.8% |
| 2 | Tesla China | 60,766 | 42,546 | 42.8% | 7.8% |
| 3 | SAIC-GM-Wuling | 50,433 | 59,563 | -15.3% | 6.5% |
| 4 | GAC Aion | 40,292 | 24,557 | 64.1% | 5.2% |
| 5 | Changan | 37,332 | 15,412 | 142.2% | 4.8% |
| 6 | Geely | 32,674 | 31,102 | 5.1% | 4.2% |
| 7 | Li Auto | 31,761 | 20,682 | 53.6% | 4.1% |
| 8 | NIO | 20,663 | 15,783 | 30.9% | 2.7% |
| 9 | Neta | 16,089 | 18,126 | -11.2% | 2.1% |
| 10 | BMW Brilliance | 13,705 | 7,986 | 71.6% | 1.8% |
| 11 | Chery | 13,293 | 31,367 | -57.6% | 1.7% |
| 12 | Great Wall Motor | 12,474 | 19,720 | -36.7% | 1.6% |
| 13 | XPeng | 11,228 | 19,147 | -41.4% | 1.4% |
| 14 | FAW Hongqi | 11,059 | 1,802 | 513.7% | 1.4% |
| 15 | FAW-Volkswagen | 9,572 | 10,442 | -8.3% | 1.2% |
| Automakers with highest retail sales in China in Feb 2023 | |||||
|---|---|---|---|---|---|
| Ranking | Automaker | Feb 2023 | Feb 2022 | YoY | Share |
| 1 | BYD | 176,662 | 89,102 | 98.30% | 12.70% |
| 2 | FAW-Volkswagen | 110,511 | 104,945 | 5.30% | 8.00% |
| 3 | Changan | 92,802 | 60,682 | 52.90% | 6.70% |
| 4 | Geely | 91,179 | 68,627 | 32.90% | 6.60% |
| 5 | SAIC-Volkswagen | 74,013 | 80,158 | -7.70% | 5.30% |
| 6 | GAC Toyota | 67,029 | 53,094 | 26.20% | 4.80% |
| 7 | SAIC-GM-Wuling | 57,307 | 59,967 | -4.40% | 4.10% |
| 8 | Dongfeng Nissan | 56,719 | 63,583 | -10.80% | 4.10% |
| 9 | SAIC-GM | 53,021 | 73,021 | -27.40% | 3.80% |
| 10 | FAW Toyota | 49,959 | 60,313 | -17.20% | 3.60% |
| 11 | BMW Brilliance | 49,342 | 37,001 | 33.40% | 3.60% |
| 12 | Beijing Benz | 46,855 | 32,685 | 43.40% | 3.40% |
| 13 | Great Wall Motor | 39,472 | 55,666 | -29.10% | 2.80% |
| 14 | Chery | 39,135 | 33,608 | 16.40% | 2.80% |
| 15 | Dongfeng Honda | 38,307 | 54,907 | -30.20% | 2.80% |
| Automakers with highest retail sales in China in Jan-Feb 2023 | |||||
|---|---|---|---|---|---|
| Ranking | Automaker | Jan-Feb 2023 | Jan-Feb 2022 | YoY | Share |
| 1 | BYD | 316,417 | 184,134 | 71.8% | 11.8% |
| 2 | FAW-Volkswagen | 221,946 | 295,719 | -24.9% | 8.3% |
| 3 | Changan | 209,825 | 204,238 | 2.7% | 7.8% |
| 4 | Geely | 179,526 | 201,117 | -10.7% | 6.7% |
| 5 | SAIC-Volkswagen | 154,631 | 217,775 | -29.0% | 5.8% |
| 6 | GAC Toyota | 128,142 | 140,731 | -8.9% | 4.8% |
| 7 | SAIC-GM | 108,042 | 193,042 | -44.0% | 4.0% |
| 8 | BMW Brilliance | 106,109 | 126,084 | -15.8% | 4.0% |
| 9 | Dongfeng Nissan | 102,337 | 174,520 | -41.4% | 3.8% |
| 10 | SAIC-GM-Wuling | 101,572 | 145,738 | -30.3% | 3.8% |
| 11 | FAW Toyota | 93,746 | 101,158 | -7.3% | 3.5% |
| 12 | Beijing Benz | 89,212 | 102,752 | -13.2% | 3.3% |
| 13 | Chery | 80,269 | 110,194 | -27.2% | 3.0% |
| 14 | Great Wall Motor | 77,205 | 145,407 | -46.9% | 2.9% |
| 15 | GAC Honda | 76,136 | 131,678 | -42.2% | 2.8% |
| Automakers with highest wholesale sales in China in Feb 2023 | |||||
|---|---|---|---|---|---|
| Ranking | Automaker | Feb 2023 | Feb 2022 | YoY | Share |
| 1 | BYD | 191,664 | 90,268 | 112.3% | 11.9% |
| 2 | Changan | 116,407 | 69,014 | 68.7% | 7.2% |
| 3 | Geely | 108,701 | 78,478 | 38.5% | 6.7% |
| 4 | FAW-Volkswagen | 105,007 | 128,876 | -18.5% | 6.5% |
| 5 | Chery | 96,553 | 54,405 | 77.5% | 6.0% |
| 6 | Tesla China | 74,402 | 56,515 | 31.7% | 4.6% |
| 7 | SAIC-Volkswagen | 73,303 | 90,604 | -19.1% | 4.5% |
| 8 | SAIC-GM | 68,157 | 76,006 | -10.3% | 4.2% |
| 9 | Dongfeng Nissan | 66,818 | 86,301 | -22.6% | 4.1% |
| 10 | GAC Toyota | 63,200 | 50,100 | 26.1% | 3.9% |
| 11 | SAIC Passenger Vehicle | 58,336 | 64,007 | -8.9% | 3.6% |
| 12 | FAW Toyota | 54,888 | 75,918 | -27.7% | 3.4% |
| 13 | BMW Brilliance | 52,871 | 43,558 | 21.4% | 3.3% |
| 14 | Beijing Benz | 52,300 | 40,000 | 30.8% | 3.2% |
| 15 | Great Wall Motor | 51,053 | 59,155 | -13.7% | 3.2% |
| Automakers with highest wholesale sales in China in Jan-Feb 2023 | |||||
|---|---|---|---|---|---|
| Ranking | Automaker | Jan-Feb 2023 | Jan-Feb 2022 | YoY | Share |
| 1 | BYD | 341,828 | 185,623 | 84.2% | 11.2% |
| 2 | Changan | 239,881 | 228,247 | 5.1% | 7.8% |
| 3 | FAW-Volkswagen | 217,040 | 311,876 | -30.4% | 7.1% |
| 4 | Geely | 212,153 | 224,858 | -5.7% | 6.9% |
| 5 | Chery | 191,766 | 135,643 | 41.4% | 6.3% |
| 6 | SAIC-Volkswagen | 145,311 | 221,211 | -34.3% | 4.7% |
| 7 | Tesla China | 140,453 | 116,360 | 20.7% | 4.6% |
| 8 | GAC Toyota | 138,700 | 150,000 | -7.5% | 4.5% |
| 9 | SAIC-GM | 123,158 | 186,013 | -33.8% | 4.0% |
| 10 | SAIC Passenger Vehicle | 113,630 | 130,241 | -12.8% | 3.7% |
| 11 | BMW Brilliance | 111,138 | 122,645 | -09.4% | 3.6% |
| 12 | Dongfeng Nissan | 101,837 | 213,424 | -52.3% | 3.3% |
| 13 | Great Wall Motor | 100,892 | 158,073 | -36.2% | 3.3% |
| 14 | Beijing Benz | 96,310 | 93,800 | 2.7% | 3.1% |
| 15 | FAW Toyota | 91,352 | 127,370 | -28.3% | 3.0% |
The post Full CPCA rankings: Top-selling models and automakers in China in Feb appeared first on CnEVPost.
For more articles, please visit CnEVPost.
XPeng P7i officially launched in China with starting price higher than Tesla Model 3
XPeng offers four versions of the P7i with a starting price of RMB 249,900, above the RMB 229,900 for the Tesla Model 3.
(Image credit: XPeng)
XPeng (NYSE: XPEV) today officially launched the P7i, a revamped version of its flagship sedan P7, in China in just four versions to avoid a repeat of the confusion caused by the flagship SUV G9's initial launch last September.
The company's WeChat post announcing the P7i's launch clearly lists the sedan's available variants and their corresponding prices, as well as the benefits the company is offering consumers.
The XPeng P7i is available in four versions -- 702 Pro, 702 Max, 610 Max Performance, and 610 Wing Edition -- with starting prices of RMB 249,900 ($35,890), RMB 269,900, RMB 289,900, and RMB 339,900, respectively.
This is higher than the Model 3 sedan's starting price of RMB 229,900 in China, although the Tesla model is only available in two versions in China, with the other version starting at RMB 329,900.
Consumers who reserve the XPeng P7i by April 30 will receive four years of free charging, up to 1,500 kWh per year, and they will also receive a free Dynaudio upgrade valued at RMB 6,000.
The model's show cars and vehicles for test drives are currently available at XPeng's experience centers, a tightly scheduled rhythm that differs from its previous approach.
The XPeng P7i will continue to be built on the regular 400 V platform, rather than the 800 V high-voltage platform used by the G9.
However, the P7i's maximum charging power has been increased from its predecessor's 90 kW to 175 kW, allowing it to charge from 10 percent to 80 percent in 29 minutes.
The Pro version of the XPeng P7i comes standard with one Nvidia Orin-X smart driving chip with 254 TOPS of computing power. The Max version of the model comes standard with two Orin-X chips as well as two LiDARs.
CnEVPost got an early look at the model at the end of January and learned from the event at the time that the P7i's LiDARs are set near the headlights as in the XPeng G9, and the supplier is RoboSense as in the G9.
The chip driving the in-car infotainment system in the XPeng P7i has been upgraded from the P7's Qualcomm Snapdragon 820A chip to the Snapdragon SA8155P.
The number in the model's name represents the CLTC range, which tops at 702 km.
The two versions of the XPeng P7i with a range of 702 kilometers are rear-drive single-motor, capable of accelerating from 0 to 100 kilometers per hour in 6.4 seconds. Its two versions with a range of 610 km are dual-motor four-wheel drive models and can accelerate from 0 to 100 km/h in 3.9 seconds.
For XPeng, the P7i will be the model that will be crucial to boosting sales.
The P7i's predecessor, the P7, was the XPeng's main seller for a long time, selling 59,066 units in 2022, contributing 49 percent of the XPeng's annual sales of 120,757 units, data monitored by CnEVPost show.
Notably, the XPeng P7i's launch comes at a delicate point in time, with Chinese car companies -- both internal combustion engine automakers and new energy vehicle (NEV) makers -- engaged in an unprecedented price war.
On January 6, Tesla sharply lowered the prices of all its China-made models in an attempt to boost demand for its electric vehicles in China, becoming the first automaker to publicly cut prices in the country.
On January 17, XPeng lowered the prices of all models except the G9, with the P7 receiving the largest price cut. After that, a number of other NEV makers also started to reduce prices or offer purchase discounts.
Prior to this month, it was mainly NEV makers that were openly offering price cuts and purchase incentives, but earlier this month, authorities in central China's Hubei province joined forces with a number of local car companies to offer subsidies, with some models offering subsidies of up to RMB 90,000.
BYD also announced yesterday that consumers who order the BYD Song Plus lineup from March 10 to March 31 will receive an RMB 6,800 discount, or RMB 8,800 for the Seal.
While these purchase offers appear to be temporary promotions by car companies, they reflect the overall pressure the Chinese auto industry is currently facing and are bound to allow the impact to be magnified as more brands participate.
($1 = RMB 6.9638)
Regulatory filing: Here's what XPeng G6 SUV looks like and core specs
The post XPeng P7i officially launched in China with starting price higher than Tesla Model 3 appeared first on CnEVPost.
For more articles, please visit CnEVPost.
CATL confirms it’s negotiating new prices with EV makers
CATL's lithium sharing program is not for price reduction purposes, but rather the company already owns some mineral resources and doesn't want to reap windfall profits, its management said.
Last month it was reported that CATL was pushing a lithium rebate program to electric vehicle (EV) makers to drive down the cost of battery purchases for a handful of customers. Now, for the first time, the power battery giant has acknowledged the move.
CATL's lithium-sharing program is not for the purpose of lowering prices, but rather the company already owns some mineral resources and doesn't want to reap windfall profits, its management said Thursday.
The company released its 2022 annual report Thursday and held an investor call afterward in which its management made those comments, according to a meeting minutes it released today.
CATL hopes to be able to share with long-term strategic customers and is moving forward with relevant communications, the company said.
On February 17, local media outlet 36kr first reported on CATL's plan, saying it was not for all customers, but for several strategic customers including NIO (NYSE: NIO), Li Auto (NASDAQ: LI), Huawei and Zeekr.
The core terms of the partnership include that CATL will settle a portion of the price of power battery supply with car companies at a rate of RMB 200,000 ($28,720) per ton of lithium carbonate for the next three years.
At the same time, automakers signing the partnership will be required to commit about 80 percent of their battery purchases to CATL, according to the report.
CATL did not confirm the report at the time, though Li Auto and NIO both mentioned the program in their respective subsequent earnings calls.
In response to the rumored new pricing arrangement, Li Auto and CATL were in negotiations, the EV maker said during an analyst call following the February 27 announcement of its fourth-quarter earnings.
Whether it's lithium price concessions or battery prices linked to raw materials, it would be good news if battery prices could be brought back to a rational range, Li Auto's management said.
Asked about the topic during a conference call on March 1, NIO's management said the company is also in the process of discussions with CATL.
"Of course, we will maintain a long-term strategic relationship with CATL, and we are discussing some new pricing mechanisms with them," said William Li, NIO founder, chairman and CEO.
Battery makers also recognize that they must share the price volatility of battery materials with car companies, Li said at the time.
Back at CATL, the company's annual report, released yesterday, showed it posted a 39 percent quarter-on-quarter increase in net profit in the fourth quarter and further improved gross margins to 22.57 percent.
CATL's management, when asked about the lithium industry overhaul in Yichun, Jiangxi, said it had essentially no impact on the company, and its projects there are moving forward as planned.
The overhaul is mainly aimed at correcting the chaos in local lithium mining, which is beneficial to compliant companies in the long run, CATL's management said.
In Yichun, nicknamed the "lithium capital of Asia," local lithium miners have shut down production for an industry-wide overhaul, Yicai reported on February 26.
Analysts fear that this may bring disruption to the lithium supply, thus halting the downward trend in lithium prices. But such fears have not materialized.
Lithium carbonate prices have continued to fall over the past two weeks, with battery-grade lithium carbonate falling to RMB 367,000 per ton on March 9 and industrial-grade lithium carbonate falling to RMB 332,500 per ton, both one-year lows.
($1 = RMB6.9643)
CATL reportedly cutting battery costs significantly for some clients including NIO, Li Auto
The post CATL confirms it's negotiating new prices with EV makers appeared first on CnEVPost.
For more articles, please visit CnEVPost.
CATL sees Q4 net profit up 39% QoQ, gross margin improves further to 22.57%
CATL's capacity utilization was 83.4 percent in 2022, down from 95 percent in 2021.
CATL saw a solid performance in the fourth quarter, with its key businesses seeing strong growth.
The Chinese power battery giant achieved revenue of RMB 118.25 billion ($16.98 billion) in the fourth quarter, up 107.49 percent year-on-year and up 21.44 percent from the third quarter, according to its annual report released Thursday.
The company's net profit attributable to shareholders reached RMB 13.14 billion in the fourth quarter, up 60.64 percent year-on-year and up 39.49 percent from the third quarter.
CATL's gross margin further improved to 22.57 percent in the fourth quarter, up from 19.27 percent in the third quarter.
Previously, CATL's gross margin continued to decline in 2021, dropping to 14.48 percent in the first quarter of 2022 due to a large increase in battery raw material prices.
CATL's revenue for the full year 2022 was RMB 328.59 billion, up 152 percent year-on-year, and net profit was RMB 30.73 billion, up 92.89 percent year-on-year.
The company's gross margin in 2022 were 20.25 percent, a decrease of 6.03 percentage points from 2021.
CATL's revenue mainly comes from its power battery systems business, energy storage systems business and battery materials and recycling business.
Its power battery systems business generated revenue of RMB 236.6 billion in 2022, up 158.6 percent year-on-year, contributing 72 percent of the company's revenue.
CATL's actual battery systems capacity in 2022 was 390 GWh, up 128.9 percent year-on-year. It has 152 GWh of capacity under construction.
It had 325 GWh of battery system production in 2022, up 100 percent year-on-year, with full-year sales reaching 289 GWh, up 116.6 percent year-on-year.
It has a battery inventory of 70 GWh in 2022, up 75.2 percent year-on-year.
Notably, with rapid capacity expansion, CATL's capacity utilization rate was 83.4 percent in 2022, down from 95 percent in 2021.
CATL's energy storage systems business generated revenue of RMB 44.98 billion in 2022, up 230.16 percent year-on-year, contributing 13.69 percent of total revenue.
Its energy storage systems business saw a large decline in gross margin, which was 17 percent in 2022, 11.51 percentage points lower than in 2021, a much larger decline than other businesses.
This is because energy storage orders are mostly long-term orders, and compared to power batteries, energy storage batteries are more sensitive to price fluctuations, making it difficult to negotiate directly with customers for price increases in the short term.
CATL's battery materials and recycling business generated revenue of RMB 26.03 billion in 2022, up 94.7 percent year-on-year, contributing 7.92 percent of total revenue.
The battery materials and recycling business gross margin remained largely stable, declining only 2.36 percentage points to 21.23 percent in 2022.
Citi analyst Jack Shang said in a research note that CATL's reported results were in line with previous forecasts, and they are bullish on the company's strong pricing power and overseas customer channel as a leader in the battery industry.
Citi raised its earnings forecast for CATL by 4 percent for this year and 2 percent for next year to RMB 39 billion and RMB 49 billion, respectively, maintaining it as a top pick in the industry.
Citi expects CATL's battery sales could reach 402 GWh this year, up 39 percent year-on-year.
($1 = RMB 6.9648)
CATL's share in global EV battery market slips in Jan, BYD rises
The post CATL sees Q4 net profit up 39% QoQ, gross margin improves further to 22.57% appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Chery eQ7 is a new pure electric SUV for China
Power will come from a motor that outputs 155kW and a lithium iron phosphate battery pack.
The post Chery eQ7 is a new pure electric SUV for China appeared first on CarNewsChina.com.
Ford Mustang Mach-E Dropped By 5,700 USD In China, Starting At 30,100 USD Now
Now the price of this vehicle's lowest and highest versions is 30,100 USD and 47,300 USD
The post Ford Mustang Mach-E Dropped By 5,700 USD In China, Starting At 30,100 USD Now appeared first on CarNewsChina.com.
China auto price war: BMW dealers offer discounts of up to $14,360 for i3
A rare price stampede is taking place in the Chinese auto market.
(Image from BMW China Weibo)
As a large number of car companies in China are offering huge subsidies or price cuts, BMW is offering more than 100,000 yuan ($14,360) off its all-electric model, the i3, according to local media.
In the past two days, rumors have surfaced that BMW dealers are offering massive subsidies for the i3 in China, and that consumers who pay full cash for the car can even get the model for RMB 120,000 to 180,000, less than half the retail price.
BMW insiders deny this, local media Cailian reported today. However, salespeople at BMW dealers say they are indeed offering discounts, and that these measures were introduced only this month, according to the report.
For the BMW i3 eDrive35 L, which currently has a guide price of RMB 353,900, the cost after discounts is RMB 248,000, the report said, citing BMW dealership sources.
Consumers will also receive an additional RMB 6,000 subsidy if they trade in their vehicles, the sources said.
BMW officially made the BMW i3 available in China on March 31, 2022, when only one version, the BMW i3 eDrive35L, was offered, and only for the Chinese market.
BMW's suggested retail price for the BMW i3 eDrive35L at the time was RMB 349,900, and its website currently displays a suggested retail price of RMB 353,900.
On February 20, BMW announced the launch of the BMW i3 eDrive40L in China, offering two versions with starting prices of RMB 383,900 and RMB 413,900 respectively.
The BMW i3 eDrive40L is the premium model of the BMW i3 with better performance and a longer range, the company said in a press release.
Notably, in late November last year, a media report said that Chinese consumers were offered discounts of RMB 80,000-100,000 by dealers when purchasing the BMW i3.
There were even dealers offering discounts of RMB 105,000, equivalent to a 30 percent discount, bringing the vehicle's selling price down to around RMB 245,000, Cheshi reported at the time.
These deals seem to have worked to boost sales in the past few months, as the BMW 3 Series BEV, or BMW i3, sold 2,976 units at retail in China in February, placing it as No. 8 on the list of high-end sedans with a starting price above RMB 300,000 in China, according to a list released earlier today by the China Passenger Car Association (CPCA). A list.
In addition to BMW, Mercedes-Benz dealers are also rumored to be offering huge discounts, including up to RMB 110,000 for the Mercedes-Benz C-Class and Mercedes-Benz E-Class.
Cailian today quoted a Mercedes insider as saying there is no such thing. A salesperson at a Mercedes-Benz dealership store in Beijing said that the information circulating on the Internet was untrue and that consumers could only get discounts on their purchases if they registered their vehicles in Beijing.
The Mercedes-Benz C-Class is currently discounted by RMB 60,000 and the Mercedes-Benz E-Class by RMB 50,000, the salesperson said.
The rumors and the dealers' moves come as the Chinese auto industry is staging a rare price war.
Earlier this month, authorities in central China's Hubei province joined forces with a number of local car companies to offer subsidies to consumers for car purchases of up to RMB 90,000 for some models, marking the open entry of fuel models into the price war.
As things stand, car companies are already stampeding each other, Cailian quoted auto industry analyst Zhu Yulong as saying.
The previous price cuts by Tesla had a big impact on the car market, and whoever acts first now will have a head start, Zhu said.
For the internal combustion engine vehicle market, new emission standards that will come into effect on July 1 are one of the major factors that will cause them to cut prices.
China will start enforcing national standard 6b in the second half of the year, which is described as the world's most stringent emissions standard and will force car companies to try to clear their inventories by July, Cailian said, citing a source from consulting firm Ways.
It is worth noting that the sharp price cuts by ICE car companies, which appeared in the process of reducing prices or offering discounts by electric vehicle companies, also brought an impact to the NEV industry.
Earlier today, BYD announced that consumers who order the BYD Song Plus series from March 10 to March 31 will receive a discount of RMB 6,800, or RMB 8,800 for the Seal.
(1 $= RMB 6.9643)
Automakers in central China's Hubei offer hefty subsidies as sales pressure mounts
The post China auto price war: BMW dealers offer discounts of up to $14,360 for i3 appeared first on CnEVPost.
For more articles, please visit CnEVPost.
BYD offers discounts for Song and Seal as China’s auto price war intensifies
Consumers who order BYD's Song Plus lineup this month will receive a discount of RMB 6,800, or RMB 8,800 for the Seal.
(Image from BYD's Weibo)
As the price war intensifies in China's auto industry, BYD has also started offering discounts for its two models, even though the official prices remain unchanged.
Starting tomorrow, consumers who order BYD's Song Plus lineup can get a discount of RMB 6,800 ($980), or RMB 8,800 for the Seal, according to a BYD Weibo post today.
This is a limited-time marketing campaign valid from March 10 to March 31, BYD said.
BYD did not provide more details, but the Song family, as well as the Seal, are among its best-selling models.
BYD sold 193,655 new energy vehicles (NEVs) in February, including 191,664 passenger cars and 1,991 commercial vehicles, the company said in figures released on March 1.
Song family models sold 52,400 units in February, BYD's highest sales in the month, contributing 27 percent of all its passenger car sales.
Song family models include the hybrid Song Pro and Song Max, both of which are part of BYD's Dynasty lineup.
The family also includes the hybrid Song Plus DM-i and the all-electric Song Plus EV, which are part of BYD's Ocean series.
BYD announced today that the offer is limited to these two Song models in the Ocean series, as well as the Seal.
BYD's Seal sold 7,754 units in February, which was up 17.17 percent from 5,043 units in January. The model went on sale on July 29, 2022.
Since the end of last year, several EV makers have cut prices, including Tesla and XPeng (NYSE: XPEV).
Earlier this month, authorities in central China's Hubei province joined forces with a number of local car companies to offer subsidies for consumers to purchase vehicles, with some models offering subsidies of up to RMB 90,000, marking the open entry of fuel models into the price war.
The first to participate are the Dongfeng Motor family of brands, including Dongfeng Honda, Dongfeng Nissan, Dongfeng Citroen, Dongfeng Peugeot and Dongfeng Aeolus, with the Dongfeng Citroen C6 offering a combined subsidy of up to RMB 90,000.
($1 = RMB 6.962)
Automakers in central China's Hubei offer hefty subsidies as sales pressure mounts
The post BYD offers discounts for Song and Seal as China's auto price war intensifies appeared first on CnEVPost.
For more articles, please visit CnEVPost.
China’s MIIT Unveils Neta GT: a two-door pure electric sports car
Neta has slapped the GT badgee on its 456 hp pure electric sports car.
The post China’s MIIT Unveils Neta GT: a two-door pure electric sports car appeared first on CarNewsChina.com.
