The X9 is the highest-priced in Xpeng's product lineup and is seen as helping Xpeng improve gross margins.
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The X9 is the highest-priced in Xpeng's product lineup and is seen as helping Xpeng improve gross margins.
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China's total vehicle sales in 2023 stood at 30,094,000 units, the first time it has surpassed the 30 million mark, with NEVs contributing 31.6 percent.
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For the full year 2023, Model Y retail sales in China were up 44.74 percent year-on-year to 456,394 units, while Model 3 sales were up 18.33 percent year-on-year to 147,270 units.
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Except for the flagship SUV ES8, all other Nio models saw deliveries increase in December compared to November.
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In the fourth quarter, Tesla sold 169,935 vehicles in China, accounting for 35 percent of its global deliveries of 484,507 vehicles.
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In the fourth quarter, Tesla sold 169,935 vehicles in China, accounting for 35 percent of its global deliveries of 484,507 vehicles.
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Insurance registrations for major EV makers in China fell significantly last week, as the beginning of the year and the start of the month are typically low for deliveries.
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In December, 17,700 Nio vehicles were registered for insurance in China, 17,300 for Xpeng and 76,000 for Tesla.
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Preliminary estimates show that for the full year 2023, China's wholesale sales of passenger NEVs were 8.88 million units, a year-on-year increase of 38 percent, according to the CPCA.
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The Yangwang brand delivered 1,593 vehicles and Fang Cheng Bao 5,086 vehicles in December.
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