Smart and Sustainable Electric Mobility
Between July 1 and July 23, Nio sold 12,700 vehicles, Li Auto 24,600 and Xpeng 6,100 units.
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As of July 19, a total of 8,208 units of the Li L7 have been delivered this month, Li Auto said.
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Between July 1 and 16, Nio sold 8,000 units, Li Auto 16,900 and Xpeng 3,500 units.
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Tesla sold 3,200 units last week, Nio 3,100 and Xpeng 1,200.
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In the first half of the year, China's NEV sales amounted to 3,745,000 units, contributing 28.3 percent of all vehicle sales.
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The G6 has received many orders, which would help Xpeng see monthly deliveries reach 15,000 units in the third quarter and 20,000 units in the fourth quarter, an executive previously said.
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In June, Tesla had an 11.16 percent share of the Chinese NEV market and a 16.53 percent share of the Chinese BEV market.
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Li Auto has completed its latest 100,000-vehicle delivery in less than four months.
(Image credit: Li Auto)
Li Auto recently completed the delivery of its 400,000th vehicle, its five-seat SUV, the Li L7, at its Beijing delivery center, the company announced today.
Li Auto reached the milestone in 42 months since delivering its first vehicle in December 2019, making it the fastest new car-making brand in China to reach the milestone, it said.
On March 24, Li Auto's cumulative deliveries exceeded 300,000 units. The latest progress means the company has completed its latest 100,000-vehicle delivery in less than four months.
Looking ahead to the second half of 2023, Li Auto will challenge itself to achieve the 40,000-unit monthly delivery mark in the fourth quarter with the L series, it said today, repeating its previous statement.
All of Li Auto's models currently on sale are extended-range electric vehicles (EREVs), essentially plug-in hybrids, including the five-seat Li L7 and the six-seat Li L8 and Li L9.
The company delivered a record 32,575 vehicles in June, bringing cumulative deliveries since inception to 396,451, according to figures it announced earlier this month.
Last week -- June 26 to July 2 -- Li Auto sold 6,500 units, down 13.33 percent from 7,500 units the week before, according to data shared by the company yesterday.
Li Auto's Li L7 sold 2,800 units last week, according to data shared by local auto media outlet Dongchedi.
Earlier today, 36kr reported that Li Auto has told its supply chain that it is raising its sales forecast for the second half of the year to about 240,300 units.
Li Auto expects to sell more than 35,000 units a month on average in the third quarter and more than 42,000 units a month in the fourth quarter, according to the report.
The company is on track to see sales of more than 380,000 units for the full year, far exceeding the 300,000 sales target it set at the beginning of the year, considering it delivered 139,000 units in the first half of the year, according to the report.
Li Auto raises H2 sales forecast to about 240,000 units, report says
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The Tesla Model Y was the best-selling new energy SUV and the Model 3 was the best-selling new energy sedan in China last week.
Li Auto (NASDAQ: LI) yesterday shared the insurance registrations of some of the car companies last week to showcase its leadership among the new car-making brands.
Local auto media outlet Dongchedi then shared the rankings they produced, providing more details.
It should be noted that the two shared slightly different data on a few of the car companies' numbers, although the differences were minor, which may have to do with their rounding practices.
In the week between June 26 and July 2, BYD (OTCMKTS: BYDDY) had the highest number of new energy vehicle (NEV) insurance registrations in China at 54,000, according to what Dongchedi shared.
Tesla was in second place at 17,300 units. Tesla was 17,400 units in the data shared by Li Auto yesterday.
GAC Aion was in third place with 11,600 units last week, and Li Auto was fourth with 6,500 units.
Volkswagen's NEV sales were 3,900 units last week, ranking 8th, according to Dongchedi.
When considering only Chinese brands, BYD, GAC Aion and Li Auto were the top three, with Nio (NYSE: NIO) in sixth place.
The Tesla Model Y was the best-selling new energy SUV in China last week with 10,800 units sold. BYD Yuan Plus and BYD Song Plus DM-i were second and third, respectively, with 6,200 and 5,700 units sold.
Li Auto's Li L7 sold 2,800 units last week, ranking 7th.
Nio's ES6 was No. 10 at 1,900 units. The new ES6 was officially launched on May 24 and still seems to be in the capacity ramp-up phase.
The Tesla Model 3 sold 6,400 units last week and was the best-selling new energy sedan in China, according to data shared by Dongchedi.
BYD Dolphin came in second with 6,100 units and GAC Aion S was third with 6,000 units.
China NEV insurance registrations for week ending Jul 2: Tesla 17,400, Li Auto 6,500, Nio 4,100
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In the first half of the year, wholesale sales of passenger NEVs in China are expected to be 3.53 million units, up 44 percent year-on-year.
China's wholesale sales of passenger new energy vehicles (NEVs) are expected to be 740,000 units in June, up 10 percent from May and up 30 percent year-on-year, the China Passenger Car Association (CPCA) said in a report today.
In May, the 12 manufacturers with more than 10,000 NEVs sold at wholesale contributed 82.8 percent of all wholesale sales, the CPCA said.
These companies are expected to sell 611,000 units in June, and the normal structure would put China's June wholesale sales of passenger NEVs at around 740,000 units, the CPCA said.
In the January-June period, China's wholesale sales of passenger NEVs are expected to be 3.53 million units, up 44 percent from a year earlier, according to the report.
In China, NEVs include battery electric vehicles, plug-in hybrids and fuel cell vehicles.
China's passenger NEV market maintained strong growth in June, continuing May's trend with sales reaching an all-time high, the CPCA said.
With the launch of a large number of competitive new products and increased promotions in the second quarter, consumers' enthusiasm for buying was gradually released, the report said.
Manufacturers and dealers are actively carrying out various promotional activities to achieve their semi-annual targets, and coupled with local government subsidies, NEV retail sales continue to improve, the CPCA said.
Passenger vehicle sales in China are expected to be 23.5 million units in 2023, with 8.5 million units of NEVs sold and penetration expected to reach 36 percent, the CPCA said, repeating its previous forecast.
For the full year 2022, China's wholesale sales of passenger NEVs are expected to be 6.5 million units, up 96.3 percent year-on-year.
Here are the CPCA's June NEV wholesale sales figures for major automakers.
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