March's performance ended the previous two months of sequential declines, as the slow season for Chinese auto sales at the beginning of the year winds down.
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March's performance ended the previous two months of sequential declines, as the slow season for Chinese auto sales at the beginning of the year winds down.
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Tesla moved up to No. 3 in China's NEV market in March, up from No. 7 in February, as its local deliveries improved.
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China's passenger NEV retail sales rose 45.0 percent in March from February, ending two consecutive months of sequential declines.
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China's passenger NEV retail sales rose 45.0 percent in March from February, ending two consecutive months of sequential declines.
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Nio Inc's insurance registrations last week stood at 2,500 units, down 43.18 percent from 4,400 units in the previous week.
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China's NEV retail penetration was 52.3 percent in March and 47.67 percent year-to-date.
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Tesla reported first-quarter global deliveries of 336,681 units, missing Wall Street analysts' expectations of 390,343 units and down 13 percent from a year earlier.
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China's wholesale sales of passenger NEVs were estimated at 1.14 million units in February, up 37 percent year-on-year and up 37 percent from February.
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Song, Qin and Seal are the top three BYD lineups in terms of sales in March.
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BYD sold a record 72,723 vehicles overseas in March, an increase of 89.22 percent year-on-year and up 8.50 percent month-on-month.
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