Category: Deliveries

China NEV insurance registrations for week ending Jun 11: Tesla 16,400, Li Auto 8,400, NIO 1,500

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From June 1-11, sold 2,800 units and 26,000 units.

(NASDAQ: LI) continued to flex its muscles, showing strong sales last week while its two local peers, NIO (NYSE: NIO) and (NYSE: XPEV), remained weak.

For the week of June 5 to June 11, Li Auto sold a record 8,400 units, the company said today on Weibo.

That's far more than other new car-making brands and more than the second, third and fourth places on the list combined, it said, adding that Li Auto had sold 11,900 units this month as of June 11.

Li Auto continues to rank in the top five luxury brands sold in the Chinese market and is the highest-ranked Chinese brand on the list, it said.

The company has maintained its focus on premium family customers and has made a strong showing in the segment with its L series models, it said.

With the company's all-electric model and the delivery of the Li L6 next year, Li Auto is confident it will surpass one of the German luxury brands BMW, Mercedes-Benz and Audi in total sales in 2024, it said.

Li Auto did not explain on what basis that weekly sales were tallied, but apparently, they were insurance registrations. The company had suspended sharing those numbers in May, but has later resumed sharing them.

All of the models Li Auto is currently selling are extended-range electric vehicles (EREVs), essentially plug-in hybrids, including the five-seat Li L7 and the six-seat Li L9 and Li L8.

The EREV maker guided a month ago for second-quarter deliveries of between 76,000 and 81,000 units, meaning June deliveries are expected to be between 22,042 and 27,042 units, considering it delivered 25,681 and 28,277 units in April and May, respectively.

Tesla (NASDAQ: TSLA) sold 16,400 units last week, putting the June 1-11 cumulative total at 26,000, according to Li Auto. In the previous week, May 29-June 4, Tesla's figure was 14,500 units.

NIO (NYSE: NIO) had 1,500 units last week and 2,800 units this month as of June 11. Its figure for the previous week was 1,700 units.

XPeng (NYSE: XPEV) was at 1,500 units last week and 2,200 units for the month as of June 11. XPeng's figure for the previous week was 2,100 units.

was at 1,500 units last week and 2,400 units this month as of June 11. Its figure for the previous week was 2,100 units.

Leapmotor was 3,000 units last week and 4,400 units this month as of June 11. Its figure for the previous week was 3,400 units.

was at 1,900 units last week and 2,800 units this month through June 11. Its figure for the previous week was 2,900 units.

Data table: China NEV weekly insurance registrations

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Zeekr begins deliveries of 3rd model, Zeekr X

Nearly 20 percent of 001 and Zeekr 009 owners have opted to buy an additional Zeekr X, Zeekr said.

(Image credit: Zeekr)

Zeekr, 's premium electric vehicle (EV) brand, has begun deliveries of the Zeekr X, its third production vehicle, which was officially launched two months ago.

Zeekr delivered the Zeekr X to its first owners in 25 cities in China today, according to a press release.

Zeekr was officially launched as an independent company in March 2021 with two other models, the Zeekr 001 hatchback and the Zeekr 009 MPV, currently on sale.

The company delivered 8,678 vehicles in May, up 7.12 percent from 8,101 vehicles in April and its fourth sequential increase.

By the end of May, Zeekr's cumulative deliveries since inception stood at 109,961 vehicles, data monitored by CnEVPost show.

Zeekr launched the Zeekr X on April 12, and the model is produced at one of Geely's plants in Chengdu, Sichuan province in southwestern China, rather than the Ningbo plant in Zhejiang province where the Zeekr 001 and Zeekr 009 are produced.

The Zeekr X is available in three versions, one starting at RMB 189,800 ($26,580) and the other two at RMB 209,800.

The Zeekr X has been available for pre-order since launch, and the model is targeting 40,000 deliveries this year. Zeekr is aiming to double its overall deliveries this year from last year to about 140,000 units.

Nearly 20 percent of Zeekr 001 and Zeekr 009 owners have chosen to purchase an additional Zeekr X to meet the travel needs of different family members, the company said today.

The average order amount for the Zeekr 001 was RMB 336,000 and for the Zeekr 009 RMB 527,000, it said when it announced May delivery figures on June 1.

The Zeekr X is available in both a four-seat version and a five-seat version, and the company said today that 70 percent of consumers are now opting for the four-seat version.

($1 = RMB 7.1417)

Zeekr launches Zeekr X SUV to gain further share from market dominated by German luxury automakers

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Tesla delivers 42,508 vehicles in China in May, taking 7.3% share of NEV market

ranked third in the CPCA's NEV retail sales rankings, with and in first and second place with 38.1 percent and 7.8 percent shares, respectively.

Tesla (NASDAQ: TSLA) retail sales in China in May were 42,508 units, ranking third in the country's new energy vehicle (NEV) market with a 7.3 percent share, according to data released by the China Passenger Car Association (CPCA) on June 9.

That's up 332.65 percent from 9,825 units in the same month last year and up 6.39 percent from 39,956 units in April, according to data monitored by CnEVPost.

BYD's retail sales in May were 220,735 units, up 94.0 percent year-on-year, placing it first in the NEV market with a 38.1 percent share, according to the CPCA's ranking.

Tesla has a factory in Shanghai, its largest in the world, producing the Model 3 and Model Y, with an annual capacity of more than 1.1 million units.

Model 3 and Model Y breakdown sales figures in China are not yet available. Tesla's pattern is to produce vehicles in the first half of each quarter primarily for export and in the second half for the local market.

China's new energy passenger vehicle retail sales in May were 580,000 units, including 388,000 battery electric vehicles (BEVs) and 192,000 plug-in hybrids (PHEVs), data released by the CPCA on June 8 showed.

This means that Tesla's share of the BEV market in China was 10.96 percent in May, slightly higher than April's 10.8 percent. It had a slightly lower share of the NEV market in May than the 7.58 percent it had in April.

Tesla's Shanghai plant exported 35,187 vehicles in May, considering the CPCA said on June 5 that Tesla sold 77,695 China-made vehicles in May.

That export figure was up 57.51 percent year-on-year but down 1.95 percent from April, CnEVPost's calculations show.

In the ranking released yesterday by the CPCA, GAC Aion came in second with a 7.8 percent share of May retail sales at 45,003 units, up 113.7 percent year-on-year.

SAIC-GM-Wuling ranked fourth with a 6.3 percent share of May retail sales, up 13.7 percent to 36,253 units.

ranked fifth with a 4.9 percent share of May retail sales, up 146.0 percent to 28,277 units.

ranked sixth with a 4.4 percent share, Changan Auto ranked seventh with a 4.2 percent share, Great Wall Motor ranked eighth with a 3.6 percent share, Leapmotor ranked ninth with a 2.1 percent share and Auto ranked 10th with a 1.9 percent share.

CPCA rankings: Top-selling automakers in China in May

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China NEV sales up 12.74% MoM to 717,000 in May, CAAM data show

China's auto industry still needs to further recover and expand demand, and the release of consumption potential needs to be accelerated, the CAAM said.

China NEV sales up 12.74% MoM to 717,000 in May, CAAM data show-CnEVPost

China's new energy vehicle (NEV) sales in May were 717,000 units, up 60.2 percent year-on-year and up 12.74 percent from April, according to data released today by the China Association of Automobile Manufacturers (CAAM).

The CAAM released data on wholesale sales by automakers, where NEVs include battery electric vehicles (BEVs), plug-in hybrid vehicles (PHEVs) and fuel cell vehicles.

China sold 522,000 BEVs in May, up 50.43 percent year-on-year and up 10.83 percent from April.

China NEV sales up 12.74% MoM to 717,000 in May, CAAM data show-CnEVPost

PHEV sales were 194,000 units in May, up 94.4 percent year-on-year. Sales of fuel cell vehicles were 400 units, up 310.7 percent year-on-year.

All vehicle sales in China were 2,382,000 in May, up 27.9 percent year-on-year and up 10.3 percent from April.

China NEV sales up 12.74% MoM to 717,000 in May, CAAM data show-CnEVPost

This means that China's NEVs had a penetration rate of 30.1 percent in May, up from 29.5 percent in April.

China NEV sales up 12.74% MoM to 717,000 in May, CAAM data show-CnEVPost

Production of NEVs in China was 713,000 units in May, up 53 percent year-on-year and 11.4 percent from 640,000 units in April.

Production of all vehicles in China was 2.333 million units in May, up 21.1 percent year-on-year and up 9.4 percent from May.

Both auto production and sales in China saw year-on-year growth in May, with NEVs continuing their rapid growth, the CAAM said.

However, the auto industry is still operating under great pressure, and the profitability of industry enterprises is at a low level, the CAAM noted.

From the current perspective, China's auto industry still needs to further recover and expand demand, and the release of consumption potential needs to be accelerated to drive steady growth in the industry, the CAAM said.

In May, 389,000 vehicles were exported from China, up 58.7 percent year-on-year and up 3.4 percent from April.

Among them, exports of NEVs were 108,000 units, up 150 percent year-on-year and up 7.9 percent from April.

In January-May, China's auto sales were 10.617 million units, an increase of 11.1 percent from the same period last year.

NEVs sold 2.94 million units in January-May, up 46.8 percent year-on-year, with a market share of 27.7 percent.

China contributes 56% of global EV sales in Q1, Counterpoint says

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China NEV retail up 10.5% MoM to 580,000 in May, CPCA data show

NEV penetration at retail in China was 33.3 percent in May, up 6.7 percentage points from 26.6 percent a year earlier and up from 32.3 percent in April.

Retail sales of new energy passenger vehicles (passenger NEVs) in China were 580,000 units in May, up 60.9 percent year-on-year and up 10.5 percent from April, according to data released today by the China Passenger Car Association (CPCA).

This is higher than the preliminary figure of 557,000 units announced by the CPCA on June 7, and in line with its estimate released on May 23.

Battery electric vehicles (BEVs) accounted for 388,000 in May, or 66.9 percent of all NEV retail sales. This was up 44.9 percent year-on-year and up 7.5 percent from April.

Plug-in hybrid vehicles (PHEVs) accounted for 192,000 units in May, contributing 33.1 percent of NEV retail sales, an increase of 109.1 percent year-on-year and up 17.22 percent from April.

Retail sales of all passenger vehicles in China were 1.742 million units in May, up 28.6 percent year-on-year and up 7.3 percent from April.

NEV penetration at retail in China was 33.3 percent in May, up 6.7 percentage points from 26.6 percent in the same month last year and up from 32.3 percent in April.

The penetration rate of NEVs was 57.1 percent for local brands, 23.0 percent for luxury brands and 4.0 percent for mainstream joint venture brands.

From January to May, retail sales of passenger NEVs in China were 2.42 million units, up 41 percent year-on-year.

Wholesale sales of passenger NEVs in China were 673,000 units in May, up 59.4 percent year-on-year and up 11.5 percent from April.

This means that the penetration of NEVs at wholesale in May was 33.7 percent, up 7.2 percentage points from 26.5 percent a year ago and down from 33.9 percent in April.

The penetration of Chinese domestic brands' NEVs at wholesale in May was 50.4 percent, compared to 33.6 percent for luxury brands and 4.3 percent for mainstream joint venture brands.

From January to May, wholesale sales of passenger NEVs in China were 2.78 million units, up 48 percent year-on-year.

In May, China exported 92,000 passenger NEVs, of which BEVs accounted for 92.6 percent. This represents a year-on-year increase of 135.7 percent, up 1.2 percent from April, and contributed 30.5 percent of all passenger vehicle exports.

Looking ahead, the CPCA believes it would be normal if Chinese passenger car sales in June were lower than a year ago, as China halved the purchase tax on major fuel vehicles starting June 1 last year, allowing for a big increase in sales that month.

BYD confident of gaining higher market share in next 3-5 years, says president

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China NEV insurance registrations for week ending Jun 4: Tesla 14,500, Li Auto 6,600, NIO 1,700

launched the new ES6 on May 24, though the model is likely still in the process of climbing capacity and not contributing much to sales.

(NASDAQ: LI) kept sales strong last week, while its two local peers, NIO (NYSE: NIO) and (NYSE: XPEV), remained weak.

With 6,600 units sold in the week of May 29 to June 4, Li Auto continues to lead the pack among China's new car-making brands, the company said today on Weibo.

That's far more than other new car brands and more than the second and third places combined, Li Auto said.

Li Auto has delivered more than 20,000 units for three consecutive months, and this month the company will aim to reach its 30,000-unit monthly sales target, it added.

Li Auto didn't explain what the weekly sales are based on, but apparently, they are insurance registrations. The company had suspended sharing those numbers in May, but has now resumed sharing them.

All of Li Auto's models currently on sale are extended-range electric vehicles (EREVs), essentially plug-in hybrids that are targeting a broader market, including the five-seat Li L7 and the six-seat Li L9 and Li L8.

NIO and XPeng, on the other hand, offer only purely electric models and face a growing but much smaller market space.

NIO sold 1,700 units last week, according to figures shared by Li Auto. This is slightly higher than the previous week's 1,600 units.

Last week included the last three days of May and the first four days of June. The insurance data represents the number of vehicles registered in China.

NIO launched the new ES6 on May 24, although the model is likely still in the process of climbing capacity and thus still not contributing much to sales.

The electric vehicle (EV) maker delivered 6,155 vehicles in May, down 7.55 percent from April and down 12.37 percent year-on-year, according to data released on June 1.

NIO will finish climbing capacity for the new ES6 in June to deliver vehicles as early as possible, Jim Wei, the company's senior vice president of user operations, said in announcing May delivery figures on the NIO App on June 1.

In a research note sent to investors yesterday, Morgan Stanley analyst Tim Hsiao's team said that NIO's overall new order intake hit a year-to-date high thanks to the launch of the new ES6.

(NASDAQ: TSLA) sold 14,500 units last week, up from 12,800 the week before, according to figures shared by Li Auto.

Tesla sold 77,695 China-made vehicles in May, including those exported, data released yesterday by the China Passenger Car Association (CPCA) showed.

This was up 2.44 percent from 75,842 vehicles in April and up 141.55 percent from 32,165 vehicles in the same month last year.

XPeng (NYSE: XPEV) sold 2,100 units last week, unchanged from the previous week.

The company delivered 7,506 vehicles in May, down 25.87 percent year-on-year, but up 6.03 percent from April.

XPeng will begin pre-sales of the G6, the new SUV designed to compete with Tesla's Model Y, on June 9.

sold 2,100 units last week, up from 1,900 units the week before.

The company delivered 8,678 vehicles in May, up 100.42 percent from 4,330 in the same month last year and up 7.12 percent from 8,101 in April.

This is the fourth consecutive increase in monthly deliveries for Zeekr, which will begin deliveries of its third model, the Zeekr X, later this month.

Leapmotor sales were 3,400 units last week, down from 3,600 the week before. was 2,900 units last week, up from 2,100 the week before.

https://cnevdata.com/2023/06/06/china-nev-weekly-insurance-registrations-0606/

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Great Wall Motor sells record 23,755 NEVs in May, up 60% from Apr

The Lanshan DHT-PHEV, which competes with 's Li L8, sold 5,136 units in its first full month of sales, and its production capacity is climbing, Great Wall Motor said.

Great Wall Motor's new energy vehicle (NEV) sales saw significant growth last month as the auto giant ramps up its efforts to make the transition to electrification.

Great Wall Motor sold a record 23,755 NEVs in May, up 104.13 percent from a year earlier and up 59.83 percent from 14,863 units in April, data released yesterday showed.

Including conventional fuel vehicles, Great Wall Motor's total sales in May were 101,020 units, up 26.18 percent year-on-year and up 8.49 percent from 93,107 units in April.

This means that NEVs contributed 23.5 percent of Great Wall Motor's sales in May.

From January to May, Great Wall Motor's NEV sales were 66,426 units, up 30.48 percent year-on-year, contributing 16 percent of all vehicle sales of 414,095 units.

Although Great Wall Motor saw significant growth in NEV sales, it still lags far behind (OTCMKTS: BYDDY) in the segment.

BYD sold 240,220 NEVs in May, up 108.99 percent year-on-year and up 14.23 percent from April.

BYD ceased production and sales of vehicles powered entirely by internal combustion engines in March 2022, shifting its focus to plug-in hybrids and pure electric vehicles.

On May 25, Great Wall Motor accused two BYD hybrid models of failing to meet pollutant emissions standards.

Great Wall Motor's battery electric vehicle-focused brand, , sold 10,616 units in May, up 19.27 percent from 8,901 units in April.

Its premium Wey brand sold 5,770 units in May, up 128.97 percent year-on-year and up 142.95 percent from April.

The Wey brand launched the six-seat Lanshan DHT-PHEV on April 13 with a starting price of RMB 273,800 to compete with Li Auto's Li L8. Deliveries of the model began on April 25.

The Lanshan DHT-PHEV sold 5,136 units in its first full sales month, and its production capacity is currently climbing with more orders to be delivered, Great Wall Motor said yesterday.

On May 25, Great Wall Motor's Haval brand launched the Haval Xiaolong and Haval Xiaolong Max, two hybrid SUVs with a starting price of RMB 139,800.

The Haval Xiaolong and Haval Xiaolong Max sold 3,088 units in May, Great Wall Motor said.

On June 1, the Wey brand launched the Mocca DHT-PHEV, a 5-seat SUV with a starting price of RMB 231,800,000.

Great Wall Motor sold a record 25,131 units overseas in May, up 15.21 percent from April and 104.04 percent year-on-year.

Its cumulative overseas sales from January to May were 98,920 units, up 100.36 percent year-on-year.

Great Wall Motor accuses 2 BYD hybrids of failing to meet pollutant emissions standards as competition intensifies

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China NEV wholesale in May at about 670,000 units, CPCA estimates show

From January to May, China's wholesale sales of passenger NEVs are expected to be 2.78 million units, up 46 percent year-on-year, the CPCA said.

China's wholesale sales of passenger new energy vehicles (NEVs) are expected to be 670,000 units in May, up 11 percent from April and up 59 percent year-on-year, the China Passenger Car Association (CPCA) said in a report today.

In April, the 11 manufacturers with more than 10,000 wholesale sales of NEVs contributed 81.1 percent of all wholesale sales, the CPCA said.

These companies are expected to sell 542,000 units in May, and the normal structure would put China's wholesale sales of passenger NEVs in May at around 650,000 units, the CPCA said.

The CPCA gave a higher estimated figure of 670,000 wholesale sales as the development of China's NEV industry continues to consolidate this year, the report said.

In the January-May period, China's wholesale sales of passenger NEVs are expected to be 2.78 million units, up 46 percent year-on-year, according to the report.

NEVs include battery electric vehicles (BEVs), plug-in hybrids (PHEVs), and fuel cell vehicles.

China's new energy passenger vehicle market returned to stronger growth in May, with sales hitting a new high this year, the CPCA said.

As a result of last year's low base and the recent continued strength of China's passenger NEV exports, vehicle companies in the core regions of the NEV industry chain, including Shanghai, performed well, the CPCA said.

Passenger vehicle sales in China are expected to be 23.5 million units in 2023, including 8.5 million NEVs, and penetration is expected to reach 36 percent, the CPCA said, repeating its previous forecast.

In 2022, wholesale sales of passenger NEVs in China were 6.5 million units, up 96.3 percent year-on-year.

Here are the wholesale NEV sales of major automakers in May, as published by the CPCA.

Tesla sells 77,695 China-made vehicles in May, up 2.44% from Apr

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Tesla sells 77,695 China-made vehicles in May, up 2.44% from Apr

This article is being updated, please refresh later for more content.

(NASDAQ: TSLA) sold 77,695 China-made vehicles in May, including exports, according to data released today by the China Passenger Car Association (CPCA).

That's up 2.44 percent from 75,842 vehicles in April and up 141.55 percent from 32,165 vehicles in the same month last year.

Tesla has a factory in Shanghai that produces the Model 3 and Model Y. The vehicles produced at the factory are supplied to local consumers and also exported.

From January to May, Tesla sold 382,859 China-made vehicles, up 77.37 percent from 215,851 units in the same period last year, according to data monitored by CnEVPost.

Tesla's China-made vehicle sales in April included 39,956 units delivered in China and 35,886 units exported. The breakdown figures for May are expected to be available in the coming days.

Tesla's pattern is to produce cars for export in the first half of the quarter and for the local market in the second half.

Musk once laughed at BYD, but now thinks 'their cars are highly competitive'

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Leapmotor delivers 12,058 units in May, higher-priced C-series dominate

Leapmotor said the higher-priced C-series models contributed more than 83 percent of deliveries in May.

Leapmotor delivers 12,058 units in May, higher-priced C-series dominate-CnEVPost

Leapmotor delivered 12,058 vehicles in May, up 19.75 percent from 10,069 in the same month last year and up 38.18 percent from 8,726 in April, according to data released today.
.
Leapmotor did not release model-specific breakdown sales figures, but said deliveries of the higher-priced C-series models were up more than 38 percent from April, contributing to more than 83 percent of deliveries.

The Leapmotor C11 series delivered more than 7,100 units, the company said.

Founded in 2015, Leapmotor's models on sale include the mini vehicle T03, the coupe model S01, the flagship SUV model C11, and the flagship sedan C01.

The C11 BEV, which went on sale September 29, 2021, and the C01, which went on sale September 28, 2022, are Leapmotor's flagship models, targeting a range of RMB 150,000 ($21,110) to RMB 300,000.

On March 1, Leapmotor officially launched the C11 extended-range electric vehicle (EREV), banking on the model targeting a larger market to turn around weak sales performance.

The company's previous sales were mainly contributed by the inexpensive electric vehicle T03, which led Leapmotor to be seen as a budget EV maker. The model's current starting price range is RMB 59,900 to RMB 89,900.

Leapmotor's higher-priced C11 EREV is priced from RMB 149,800 to RMB 185,800. The C11's all-electric version starts at RMB 155,800 to RMB 219,800.

Its flagship sedan, the C01, has a price range of RMB 149,800 to RMB 228,800.

The Leapmotor website does not currently show pricing for the S01.

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Leapmotor would have to sell at least 400,000 units a year to break even, CEO says

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