BYD saw a drop in NEV sales in February as the New Year holiday brought disruptions.
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Category: EV Data
Nio delivers 8,132 cars in Feb, down 19% from Jan
Nio delivered 8,132 vehicles in February, down 33.11 percent year-over-year and 19.12 percent from January.
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Xpeng delivers 4,545 cars in Feb, down 45% from Jan
"With the capacity ramp-up and the debottlenecking of certain components' supply post-Chinese New Year, we will accelerate the delivery of the X9 in March," Xpeng said.
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Li Auto delivers 20,251 cars in Feb, down 35% from Jan
Li Auto said it is targeting a rebound to 50,000 monthly deliveries in March.
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China EV insurance registrations for week ending Feb 25: Nio 2,300, Xpeng 1,200, Li Auto 6,200, Tesla 10,800
Between February 1-25, Nio was 5,100, Xpeng 3,000, Li Auto 16,200, BYD 81,000 and Tesla 24,300.
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CPCA expects China’s Feb NEV retail sales at 380,000, down 43% from Jan
China's auto market saw seasonal weakness in February as the 2024 Lunar New Year holiday fell in mid-February, the CPCA noted.
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China EV insurance registrations in Feb 5-18: Nio 1,500, Xpeng 1,000, Li Auto 7,000, Tesla 8,200
Insurance registrations for major EV makers in China have dropped significantly over the past two weeks as people celebrate the traditional Chinese New Year holiday.
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BYD poised to challenge Tesla for BEV sales crown in 2024, TrendForce says
Tesla continues to lead the BEV rankings in 2023 with a 19.9 percent market share, followed by BYD with 17.1 percent.
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Automakers’ share of China’s NEV market in Jan: BYD tops with 31%, Tesla 5th with 6%
Among the top 5, Tesla only produces BEVs, while the other automakers produce both BEVs and PHEVs.
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Tesla sells 39,881 cars in China in Jan, exports 31,566 from Shanghai plant
Tesla's share of the Chinese BEV market was 10.61 percent in January, down from 12.68 percent in December.
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