Category: EV Data

Li Auto delivers record 25,681 vehicles in Apr, Li L7 delivers over 10,000

April was the first full month of deliveries for Li Auto's cheaper five-seat SUV, the Li L7.  |  Li Auto US | Li Auto HK

Li Auto delivers record 25,681 vehicles in Apr, Li L7 delivers over 10,000-CnEVPost

Li Auto (NASDAQ: LI) saw record deliveries last month as the new, cheaper SUV, the Li L7, began to contribute significantly to sales.

The Chinese automaker delivered 25,681 vehicles in April, another monthly high while surpassing the 20,000-delivery mark for the second consecutive month, according to data released today.

This represents a 516.29 percent increase over the 4,167 units delivered in the same month last year and a 23.33 percent increase over the 20,823 units delivered in March.

As of the end of April, Li Auto has delivered a total of 335,599 units since its inception.

"We are pleased to have delivered over 10,000 Li L7s in its first full month of deliveries, establishing the vehicle as a preferred choice among five-seat premium SUVs for Chinese families while marking the first time a Chinese branded five-seat SUV priced above RMB300,000 has achieved this monthly delivery milestone," said Li Xiang, chairman and CEO of Li Auto.

"Regarding autonomous driving, we expect to release the city NOA for beta testing in Li AD Max 3.0 this quarter and target to roll out in 100 cities nationwide by the year end," he added.

Li Auto's three models currently on sale -- Li L9, Li L8 and Li L7 -- are extended-range electric vehicles (EREVs), which are essentially plug-in hybrids.

The big selling point of these models is that they don't have the range anxiety of battery electric vehicles (BEVs), as they can be charged as well as refueled.

Li Auto launched the Li L7, its first five-seat SUV, on February 8.

The Li L7 is the least expensive of its product array, with Pro as well as Max versions starting at RMB 339,800 ($49,160) and 379,800 respectively. The Li L7 has a lower-priced Air version available, starting at RMB 319,800.

Deliveries of the Li L7 Pro and the Li L7 Max begin on March 11, and deliveries of the Li L7Air begin in late April.

Li Auto also launched an Air version of the Li L8 alongside the Li L7 at a starting price of RMB 339,800. The Li L8 was previously available in Pro and Max versions at RMB 359,800 and RMB 399,800 respectively.

The Li L9 is currently only available in Max version with a starting price of RMB 459,800.

In terms of product planning, Li Auto aims to create a model portfolio of one super flagship, five EREVs and five BEVs by 2025 to meet the diverse needs of families in the price range of 200,000 yuan and above, Li said.

As of April 30, the company had 302 retail stores in 123 cities and 318 service centers and Li Auto-authorized body and paint stores in 222 cities.

($1 = RMB 6.9121)

Li Auto CEO predicts China NEV penetration to exceed 80% by Dec 2025

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CPCA expects China Apr NEV retail sales to fall 8.4% from Mar to about 500,000 units

April passenger vehicle sales in China are expected to be around 1.57 million units, down 1.3 percent from March, the CPCA said.

CPCA expects China Apr NEV retail sales to fall 8.4% from Mar to about 500,000 units-CnEVPost

China's new energy vehicle (NEV) sales rose significantly this month from a year ago, though they were down from March.

In April, retail sales of NEVs in China are expected to be around 500,000 units, up 77 percent from a year earlier but down 8.4 percent from March, according to estimates released today by the China Passenger Car Association (CPCA).

Survey shows that car companies, which contribute about 80 percent of passenger car sales, are targeting slightly lower retail sales in April than in March, the CPCA said.

According to preliminary projections, China's passenger vehicle sales in April were about 1.57 million units, up 49.8 percent from a year earlier but down 1.3 percent from March, the CPCA said.

That means the penetration of NEVs at retail in April would be 31.8 percent.

Last April, China's auto industry suffered disruption due to the Covid lockdown in Shanghai, with 1.04 million units of all passenger vehicles sold that month, including just 280,000 NEVs.

In the first quarter of this year, China's NEV sales continued to recover, with 545,739 units sold in March, according to the CPCA's final figures released last week. This is slightly higher than the 543,000 units announced by the CPCA on April 11.

In April, the price war in China's auto industry gradually receded and consumers returned to rational consumption, easing the wait-and-see sentiment, the CPCA said in the report today.

The average daily retail sales of major automakers in the first three weeks were 31,500, 36,700 and 54,800, up 8 percent, 23 percent and 26 percent, respectively, from the same period in March, the CPCA said.

But in the fourth week, the average daily retail sales of car companies are expected to fall 14 percent from the fourth week of March, considering that automaker sales usually have an upward pulse at the end of the quarter, according to the CPCA.

With a large number of local government stimulus policies expiring at the end of March and fewer policy incentives in April, no strong stimulus policies are expected to provide support in the short term, the CPCA said.

China's Mar passenger NEV retail up 23.6% MoM to 543,000, CPCA data show

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Insurance registrations for week ending Apr 23: Tesla 10,300, Li Auto 7,200, NIO 2,000

NIO sold 2,000 units last week, up from 700 the week before and 1,316 in the first week of April.

(NASDAQ: LI) maintained strong sales last week, and NIO (NYSE: NIO) saw a significant rebound, the latest data show.

With 7,200 units sold in the week ending April 23, Li Auto far outpaced other new car-making brands, the automaker said today on Weibo.

With deliveries of the Air versions of the Li L8 and Li L7, Li Auto's weekly sales hit another record high, it said.

Li Auto didn't specify what statistic that sales figure was based on, though apparently, it was insurance registrations. Previously, we had access to those numbers every Tuesday, and Li Auto's practice was to share some of them on Wednesdays.

The main third-party agencies and Weibo bloggers that provide data on auto insurance registrations in China stopped sharing the data this month, but Li Auto continues to share some of it.

This is the first time Li Auto has shared those numbers on a Tuesday, though they weren't taken down to single digits.

(NASDAQ: TSLA) sold 10,300 units last week, according to the table shared by Li Auto. That was down from 12,500 units the week before and up from 6,973 units in the first week of April.

NIO sold 2,000 units last week, up from 700 the week before and 1,316 in the first week of April.

(NYSE: XPEV) sold 1,900 units last week, up from 1,300 units and 904 units in the previous two weeks.

sold 2,100 units last week, up from 1,600 units the previous week and 1,476 units in the first week of April.

Among luxury brands, Mercedes-Benz, BMW and Audi had the highest sales last week with 15,800, 15,600 and 14,800 respectively, according to data shared by Li Auto.

Insurance registrations for week ending Apr 16: Tesla 12,500, Li Auto 6,300, NIO 700

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Insurance registrations for week ending Apr 16: Tesla 12,500, Li Auto 6,300, NIO 700

NIO's weak performance may be because it is on the eve of multiple product switches, as it will begin deliveries of the new ET7, new ES6, EC7 in May and will begin deliveries of the new ES8 in June.

(NASDAQ: TSLA) and (NASDAQ: LI) kept sales strong last week, while NIO (NYSE: NIO) was weak, the latest data show.

Li Auto sold 6,300 units in the week of April 10 to April 16, far outpacing China's other new car-making brands, the automaker said in an April 19 post to its WeChat account.

Li Auto didn't say what the sales figure was based on, but it was apparently insurance registrations. Previously, we had access to the data every Tuesday, and Li Auto's practice was to share some of it on Wednesdays.

The main source that provides data on auto insurance registrations in China stopped sharing that data this month, but Li Auto continues to share some of it.

Tesla sold 12,500 units last week, according to the data table shared by Li Auto. Tesla's sales in the previous week were 6,973, according to data previously shared by Li Auto.

NIO sold about 700 units last week, according to the data. The electric vehicle maker sold 1,316 units in the previous week.

NIO's weak performance may be because it is on the eve of multiple product switches. It launched the new ET7 and unveiled the new ES6 on the first day of the Shanghai auto show on April 18, with deliveries both set to begin in May.

In addition to the new ET7 and the new ES6, NIO will also start delivering the EC7 coupe SUV in May and will start delivering the new ES8 in June, according to plans it previously annouced.

sold 1,300 units last week, up from 904 units the week before, according to data shared by Li Auto. XPeng unveiled the new SUV G6 on the first day of the Shanghai auto show on April 18, but pricing information is unknown.

sold 1,600 units last week, up from 1,476 the week before. Leapmotor sold 1,700 units last week, up from 1,157 the week before. Neta sold 1,800 units last week, up from 1,526 the week before.

Among premium brands, BMW sold 14,500 cars last week including internal combustion engine vehicles as well as NEVs, Mercedes-Benz 13,400 and Audi 12,600, according to data shared by Li Auto.

Separately, retail sales of NEVs in China from April 1-16 were 223,000 units, up 89 percent year-on-year and up 13 percent from the same period last month, according to data released yesterday by the China Passenger Car Association (CPCA).

Considering that NEV retail sales were 91,000 from April 1 to April 9, this means that during the week of April 10 to April 16, NEV retail sales in China were 132,000 units, up 45 percent from the previous week.

From April 10-16, retail sales of all passenger vehicles in China were 335,328 units, up 80 percent year-on-year and up 23 percent from the same period last month, according to the CPCA.

Insurance registrations for week ending Apr 9: Tesla 6,973, Li Auto 4,177, NIO 1,316

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Insurance registrations for week ending Apr 9: Tesla 6,973, Li Auto 4,177, NIO 1,316

Starting this week, insurance registration data will no longer be available, with Li Auto's sharing a surprise exception.

The major sources that provide insurance registration data for China's auto industry have stopped sharing the data, but Li Auto (NASDAQ: LI) has shared content that allows us to still have access to some of the data.

For the week of April 3 to April 9, Li Auto sold 4,177 units, far outpacing other new car brands and again becoming the weekly sales leader for new brands in the Chinese market, the automaker said yesterday on Weibo.

Li Auto didn't specify what the sales figure was based on, though they were apparently insurance registrations. Previously, we had access to those numbers every Tuesday, and Li Auto's practice for the past two weeks has been to share some of them on Wednesdays.

The tables shared by the extended-range electric vehicle (EREV) maker show that NIO (NYSE: NIO) vehicles had 1,316 insurance registrations last week, and (NYSE: XPEV) had 904.

Neta vehicles had 1,526 insurance registrations last week, Zeekr had 1,476 and Leapmotor had 1,157.

Li Auto's tables also provided insurance registrations for vehicles from luxury brands in China last week, with Mercedes-Benz in the top spot with 14,817, BMW in second with 13,506, and Audi in third with 10,573.

Tesla came in fourth with 6,973 units and Li Auto in fifth. Lexus was No. 9 with 1,493 units, and NIO was No. 10.

The vendor that provided us with the data said they will not be able to continue to provide such data, saying it was the decision of the data source.

The bloggers who previously shared the data on Weibo have also stopped sharing such data.

China NEV insurance registrations for week ending April 2: BYD 46,218, Tesla 14,275, NIO 2,730

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Full CPCA rankings: Top-selling models and automakers in China in Mar

This article shares the CPCA's rankings of the best-selling models and car companies in China for March.

The China Passenger Car Association (CPCA) announced on April 11 the top selling models and car companies in China in March, presenting a panoramic view of the Chinese auto industry.

CnEVPost highlighted the NIO ET5 and Tesla's Model Y on these lists in yesterday's articles.

Here are 20 tables that CnEVPost put together based on data from the CPCA, if you wish to know more details about these rankings.

Automakers with highest retail sales in China in Mar 2023
RankingAutomakerMar-23Mar-22YoYShare
1192,289103,22986.3%12.1%
2FAW-Volkswagen146,816126,13316.4%9.2%
3Changan93,073120,437-22.7%5.9%
4Geely90,17593,378-3.4%5.7%
5SAIC-Volkswagen84,01978,0187.7%5.3%
6Tesla China76,66365,75416.6%4.8%
7SAIC-GM65,02170,021-7.1%4.1%
8FAW Toyota62,34758,2397.1%3.9%
9GAC Toyota60,62688,048-31.1%3.8%
10BMW Brilliance58,32042,62336.8%3.7%
11Great Wall Motor50,71074,071-31.5%3.2%
12Beijing Benz49,53045,5528.7%3.1%
13Dongfeng Nissan49,41667,821-27.1%3.1%
14SAIC-GM-Wuling49,19970,841-30.6%3.1%
15Chery46,28645,9630.7%2.9%
Automakers with highest retail sales in China in Jan-Mar 2023
RankingAutomakerJan-Mar 2023Jan-Mar 2022YoYShare
1BYD508,706287,36377.0%11.9%
2FAW-Volkswagen368,762421,852-12.6%8.6%
3Changan302,898324,675-6.7%7.1%
4Geely269,701294,495-8.4%6.3%
5SAIC-Volkswagen238,650295,793-19.3%5.6%
6GAC Toyota188,768228,779-17.5%4.4%
7SAIC-GM173,063263,063-34.2%4.1%
8BMW Brilliance164,429168,707-2.5%3.9%
9FAW Toyota156,104159,397-2.1%3.7%
10Dongfeng Nissan151,753242,341-37.4%3.6%
11SAIC-GM-Wuling150,771216,579-30.4%3.5%
12Beijing Benz138,742148,304-6.4%3.3%
13Tesla China137,429108,30026.9%3.2%
14Great Wall Motor127,915219,478-41.7%3.0%
15Chery126,555156,157-19.0%3.0%
Automakers with highest retail sales of NEVs in China in Mar 2023
RankingAutomakerMar-23Mar-22YoYShare
1BYD192,289103,22986.3%35.4%
2Tesla China76,66365,75416.6%14.1%
3GAC Aion40,01620,31797.0%7.4%
4SAIC-GM-Wuling27,84846,791-40.5%5.1%
5Geely26,92313,63397.5%5.0%
6Changan23,77915,23356.1%4.4%
7Li Auto20,82311,03488.7%3.8%
8NIO10,3789,9853.9%1.9%
9Great Wall Motor8,46214,999-43.6%1.6%
10BAIC Motor8,1354,11297.8%1.5%
11BMW Brilliance7,6294,13384.6%1.4%
12FAW-Volkswagen7,3947,2322.2%1.4%
13SAIC-Volkswagen7,1236,5438.9%1.3%
14XPeng7,00215,414-54.6%1.3%
15Neta6,36012,026-47.1%1.2%
Automakers with highest retail sales of NEVs in China in Jan-Mar 2023
RankingAutomakerJan-Mar 2023Jan-Mar 2022YoYShare
1BYD508,706282,68680.0%38.8%
2Tesla China137,429108,30026.9%10.5%
3GAC Aion80,30844,87479.0%6.1%
4SAIC-GM-Wuling77,701105,227-26.2%5.9%
5Changan60,67430,64598.0%4.6%
6Geely59,59744,73533.2%4.5%
7Li Auto52,58431,71665.8%4.0%
8NIO31,04125,76820.5%2.4%
9Neta22,44930,152-25.5%1.7%
10BMW Brilliance21,33412,11976.0%1.6%
11Great Wall Motor20,93634,719-39.7%1.6%
12XPeng18,23034,561-47.3%1.4%
13FAW-Volkswagen16,96517,674-4.0%1.3%
14Chery16,12550,072-67.8%1.2%
15FAW Hongqi14,5712,584463.9%1.1%
Automakers with highest wholesale sales in China in Mar 2023
RankingAutomakerMar-23Mar-22YoYShare
1BYD206,089104,33897.5%10.4%
2FAW-Volkswagen165,484122,19735.4%8.3%
3Changan152,426132,48315.1%7.7%
4Chery115,69973,67457.0%5.8%
5Geely110,300101,1669.0%5.5%
6Tesla China88,86965,81435.0%4.5%
7SAIC Passenger Cars81,47861,01233.5%4.1%
8GAC Toyota81,30097,006-16.2%4.1%
9SAIC-Volkswagen81,019110,018-26.4%4.1%
10Great Wall Motor70,25982,475-14.8%3.5%
11GAC Honda70,11076,833-8.8%3.5%
12Dongfeng Nissan63,78362,3352.3%3.2%
13SAIC-GM62,80088,523-29.1%3.2%
14FAW Toyota61,85769,957-11.6%3.1%
15BMW Brilliance61,62835,72372.5%3.1%
Top-selling sedans at retail in China in Mar 2023
RankingModelMar-23Mar-22YoY
1BYD Qin43,23024,79174.4%
2BYD Dolphin27,68710,448165.0%
3Aion S26,3926,798288.2%
4Volkswagen Lavida24,42721,33114.5%
5Nissan Sylphy23,17030,240-23.4%
6Wuling Hongguang Mini23,15941,980-44.8%
7Tesla Model 321,72626,024-16.5%
8Honda Accord20,15814,85535.7%
9Volkswagen Sagitar17,93815,14818.4%
10Toyota Corolla16,92515,4749.4%
11Audi A6L15,6149,45365.2%
12Changan Eado15,36720,353-24.5%
13Mercedes-Benz C-Class14,1459,41550.2%
14Geely Emgrand14,03716,336-14.1%
15BMW 3 Series13,9248,51963.4%
Top-selling sedans at retail in China in Jan-Mar 2023
RankingModelJan-Mar 2023Jan-Mar 2022YoY
1BYD Qin87,95575,83416.0%
2Nissan Sylphy72,779108,741-33.1%
3Volkswagen Lavida72,61393,326-22.2%
4Wuling Hongguang Mini69,84294,778-26.3%
5BYD Dolphin67,95129,611129.5%
6Volkswagen Sagitar52,91955,423-4.5%
7Aion S48,31017,227180.4%
8Honda Accord47,97051,578-7.0%
9Tesla Model 342,78233,61927.3%
10Toyota Corolla42,41541,7161.7%
11Toyota Camry40,50061,696-34.4%
12Mercedes-Benz E-Class40,26143,195-6.8%
13Audi A6L40,24630,67331.2%
14Geely Emgrand38,52849,161-21.6%
15BYD Han37,81734,4019.9%
Top-selling high-end sedans at retail in China in Mar 2023
RankingModelMar-23Mar-22YoY
1Audi A6L15,6149,45365.2%
2Mercedes-Benz C-Class14,1459,41550.2%
3BMW 3 Series13,9248,51963.4%
4Mercedes-Benz E-Class13,56512,7976.0%
5BMW 5 Series9,99112,041-17.0%
6Audi A4L9,39410,752-12.6%
7NIO ET56,437NANA
8Volvo S902,679235813.6%
9Hongqi H91,5171,969-23.0%
10Cadillac CT69051,034-12.5%
High-end models are those with a starting price of more than RMB 300,000.
Top-selling high-end sedans at retail in China in Jan-Mar 2023
RankingModelJan-Mar 2023Jan-Mar 2022YoY
1Mercedes-Benz E-Class40,26143,195-6.8%
2Audi A6L40,24630,67331.2%
3BMW 3 Series37,15143,100-13.8%
4BMW 5 Series35,72847,485-24.8%
5Mercedes-Benz C-Class31,90724,98627.7%
6Audi A4L21,27236956-42.4%
7NIO ET518,703NANA
8Volvo S907,853691013.6%
9Hongqi H93,4796,532-46.7%
10Jaguar XFL2,1961,75425.2%
High-end models are those with a starting price of more than RMB 300,000.
Top-selling high-end SUVs at retail in China in Jan-Mar 2023
RankingModelJan-Mar 2023Jan-Mar 2022YoY
1BMW X334,81039,592-12.1%
2Mercedes-Benz GLC26,57645,037-41.0%
3Audi Q5L26,23636,624-28.4%
4BMW X524,973NANA
5Li Auto Li L921,126NANA
6Li Auto L820,515NANA
7Mercedes-Benz GLB16,92413,90621.7%
8Volvo XC6014,00312,37113.2%
9Volkswagen Teramont9,38310,890-13.8%
10Li Auto Li L77,702NANA
Top-selling new energy SUVs at retail in China in Mar 2023
RankingModelMar-23Mar-22YoY
1Tesla Model Y54,93739,73038.3%
2BYD Song40,11426,72350.1%
3BYD Yuan Plus27,90710,017178.6%
4Aion Y13,2679,50139.6%
5BYD Tang11,9549,08631.6%
6Li Auto Li L77,702NANA
7BYD Frigate 076,455NANA
8Li Auto L86,224NANA
9Smart #15,911NANA
10Li Auto Li L95,831NANA
11Zeekr 0014,5171795151.6%
12BMW X33,8642,58249.7%
13Leapmotor C113,1544,201-24.9%
14Neta U3,0563,904-21.7%
15Hycan Z032,4991,68948.0%
Top-selling new energy SUVs at retail in China in Jan-Mar 2023
RankingModelJan-Mar 2023Jan-Mar 2022YoY
1BYD Song141,41570,199101.4%
2Tesla Model Y94,64774,68126.7%
3BYD Yuan Plus62,52816,532278.2%
4BYD Tang32,52527,95916.3%
5Aion Y31,05518,90064.3%
6Li Auto Li L921,126NANA
7Li Auto L820,515NANA
8BYD Frigate 0717,927NANA
9Smart #112,697NANA
10Zeekr 00112,4728,24151.3%
11Neta V9,59818,677-48.6%
12BMW X38,9865,78555.3%
13Li Auto Li L77,702NANA
14AITO M57,3224,92148.8%
15Neta U7,08011,475-38.3%
Top-selling MPVs at retail in China in Mar 2023
RankingModelMar-23Mar-22YoY
1Buick GL811,9497,83952.4%
2Wuling Hongguang10,97013,726-20.1%
3Denza D910,398NANA
4GAC Trumpchi M88,4204,40091.4%
5Toyota Sienna6,2326,444-3.3%
6GAC Trumpchi M65,4883,19371.9%
7Honda Elysion4,8202,163122.8%
8Toyota Granvia3,732NANA
9Wuling Jiachen3,511NANA
10Dongfeng Fengxing Lingzhi2,9605,277-43.9%
11Honda Odyssey2,3653,793-37.6%
12Zeekr 0092,146NANA
13JAC Ruifeng1,9292,017-4.4%
14FAW Bestune NAT1,926375413.6%
15Buick Century1,833NANA
Top-selling MPVs at retail in China in Jan-Mar 2023
RankingModelJan-Mar 2023Jan-Mar 2022YoY
1Wuling Hongguang34,38557,636-40.3%
2Denza D924,161NANA
3Buick GL823,27732,986-29.4%
4GAC Trumpchi M819,28211,41069.0%
5Toyota Sienna18,50614,89324.3%
6Wuling Jiachen12,064NANA
7GAC Trumpchi M611,74011,5431.7%
8Toyota Granvia9,967NANA
9Honda Elysion9,1176,95131.2%
10Dongfeng Fengxing Lingzhi7,05013,676-48.4%
11Honda Odyssey6,15711,714-47.4%
12JAC Ruifeng5,1155,623-9.0%
13Buick Century5,037NANA
14FAW Bestune NAT3,623971273.1%
15Brilliance Xinyuan Jinhaishi3,5971,96583.1%
Automakers with highest wholesale sales in China in Jan-Mar 2023
RankingAutomakerJan-Mar 2023Jan-Mar 2022YoYShare
1BYD547,917289,96189.0%10.8%
2Changan392,307360,7308.8%7.8%
3FAW-Volkswagen382,524434,073-11.9%7.6%
4Geely322,453326,024-1.1%6.4%
5Chery307,465209,31746.9%6.1%
6Tesla China229,322182,17425.9%4.5%
7SAIC-Volkswagen226,330331,229-31.7%4.5%
8GAC Toyota220,000247,006-10.9%4.4%
9SAIC Passenger Cars195,108191,2532.0%3.9%
10SAIC-GM185,958274,536-32.3%3.7%
11BMW Brilliance172,766158,3689.1%3.4%
12Great Wall Motor171,151240,548-28.8%3.4%
13Dongfeng Nissan165,620275,759-39.9%3.3%
14FAW Toyota153,209197,327-22.4%3.0%
15Beijing Benz150,006142,2465.5%3.0%
Top-selling new energy sedans at retail in China in Mar 2023
RankingModelMar-23Mar-22YoY
1BYD Qin43,23024,79174.4%
2BYD Dolphin27,68710,448165.0%
3Aion S26,3926,798288.2%
4Wuling Hongguang Mini23,15941,980-44.8%
5Tesla Model 321,72626,024-16.5%
6BYD Han13,8341233712.1%
7Geely Panda Mini10,550NANA
8Changan Lumin10,217NANA
9Shenlan SL038,568NANA
10BJEV EU Series8,135410598.2%
11NIO ET56,437NANA
12GM Velite 65,409302678.8%
13BYD Seal5,201NANA
14BYD Destroyer 054,1361476180.2%
15Ora Good Cat3,9706,316-37.1%
Top-selling new energy sedans at retail in China in Jan-Mar 2023
RankingModelJan-Mar 2023Jan-Mar 2022YoY
1BYD Qin87,95575,83416.0%
2Wuling Hongguang Mini69,84294,778-26.3%
3BYD Dolphin67,95129,611129.5%
4Aion S48,31017,227180.4%
5Tesla Model 342,78233,61927.3%
6BYD Han37,81734,4019.9%
7Changan Lumin24,033NANA
8BYD Seal19,573NANA
9Shenlan SL0318,808NANA
10NIO ET518,703NANA
11Geely Panda Mini17,211NANA
12BYD Destroyer 0513,7521,476831.7%
13Hongqi E-QM512,3101517711.5%
14BJEV EU Series10,389611170.0%
15Chery QQ Ice Cream9,82128,113-65.1%
Top-selling SUVs at retail in China in Mar 2023
RankingModelMar-23Mar-22YoY
1Tesla Model Y54,93739,73038.3%
2BYD Song40,11426,72350.1%
3BYD Yuan Plus27,90710,017178.6%
4Changan CS7516,79622,811-26.4%
5Haval H614,84119,303-23.1%
6Aion Y13,2679,50139.6%
7BMW X312,88011,23114.7%
8BYD Tang11,9549,08631.6%
9Volkswagen Tayron11,9537,03669.9%
10BMW X111,852649282.6%
11Toyota RAV411,72514,415-18.7%
12Honda CR-V11,62416,437-29.3%
13Hongqi HS511,5867,63251.8%
14Audi Q5L11,35510,7036.1%
15Geely Boyue L10,135NANA
Top-selling SUVs at retail in China in Jan-Mar 2023
RankingModelJan-Mar 2023Jan-Mar 2022YoY
1BYD Song141,41573,70491.9%
2Tesla Model Y94,64774,68126.7%
3BYD Yuan Plus62,52816,532278.2%
4Changan CS7551,82667,230-22.9%
5Haval H647,99371,411-32.8%
6Geely Boyue L35,407NANA
7BMW X334,81039592-12.1%
8Honda CR-V33,31456,312-40.8%
9BYD Tang32,52527,95916.3%
10Changan CS5532,40652,040-37.7%
11Aion Y31,05518,90064.3%
12Hongqi HS529,53333,017-10.6%
13Geely Xingyue L28,56129,554-3.4%
14Toyota RAV427,36838,857-29.6%
15Mercedes-Benz GLC26,57645,037-41.0%
Top-selling high-end SUVs at retail in China in Mar 2023
RankingModelMar-23Mar-22YoY
1BMW X312,88011,23114.7%
2Audi Q5L11,35510,7036.1%
3Mercedes-Benz GLB7,7864,36978.2%
4Li Auto Li L77,702NANA
5BMW X57,245NANA
6Li Auto L86,224NANA
7Li Auto Li L95,831NANA
8Volvo XC604,2344,1222.7%
9Mercedes-Benz GLC3,45112,748-72.9%
10Volkswagen Teramont3,4383,3991.1%

The post Full CPCA rankings: Top-selling models and automakers in China in Mar appeared first on CnEVPost.

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Tesla Model Y best-selling SUV in China in Mar with 54,937 units sold

From January to March, Model Y retail sales in China were 94,647 units, second only to BYD Song's 141,415 units.

The Model Y typically sees good results in an SUV ranking in China when Tesla (NASDAQ: TSLA) delivers more vehicles to local consumers at the end of each quarter.

The Model Y sold 54,937 retail units in China in March, placing it at No. 1 on the list of best-selling SUVs in the country, according to data released by the China Passenger Car Association (CPCA) on April 11.

Sales of the Tesla SUV in China last month rose 38.28 percent from 39,730 units a year earlier and 115.22 percent from 25,526 units in February, according to data monitored by CnEVPost.

BYD Song was the second best-selling SUV in China in March with 40,114 units sold at retail, according to the CPCA's ranking. BYD Yuan Plus ranked third with 27,907 units.

The BYD Song remained the best-selling SUV in China from January to March, with 141,415 units sold at retail, up 91.9 percent year-on-year.

The Tesla Model Y ranked second with 94,647 retail sales in China in January-March, up 26.7 percent year-on-year.

BYD Yuan Plus ranked third with 62,528 retail sales in January-March.

Tesla has a factory in Shanghai that produces the Model 3 sedan as well as the Model Y. Its pattern is to produce cars for export in the first half of each quarter and for the local market in the second half.

Tesla delivered 76,663 units in China in March and exported 12,206, according to data released by the CPCA on April 10.

Model 3 retail sales in China in March were 21,726 units, down 16.52 percent year-on-year and up 158.74 percent from February, according to the CPCA's latest figures.

This puts that Tesla sedan in 5th place in the March new energy sedan sales rankings, with BYD Qin in first place with 43,230 sales and BYD Dolphin in second place with 27,687 units.

From January to March, the Model 3 sold 42,782 units in China, up 27.3 percent year-on-year, making it the fifth best-selling new energy sedan in China during this period.

BYD Qin ranked first in new energy sedan sales from January to March with 87,955 retail units, while Hongguang Mini EV was second with 69,842 units and BYD Dolphin was third with 67,951 units.

Tesla to build new Megafactory in Shanghai to produce Megapack energy storage system

The post Tesla Model Y best-selling SUV in China in Mar with 54,937 units sold appeared first on CnEVPost.

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NIO ET5 ranks 7th in top-selling premium sedan list in China with 6,437 Mar sales

The models ahead of the ET5 are all from German luxury automakers Mercedes-Benz, BMW and Audi.  |  US | NIO HK | NIO SG

The ET5, which has been the main seller for NIO (NYSE: NIO) in recent months, saw its position unchanged in a premium sedan ranking last month.

With 6,437 retail sales in March, the ET5 ranked No. 7 in China for premium sedan sales starting at more than 300,000 yuan ($43,560), according to a list released today by the China Passenger Car Association (CPCA).

The ranking is the same as in February, when the ET5 sold 6,471 units at retail, as previously reported by CnEVPost.

The ET5 is the least expensive of the NIO product array, with a starting price of RMB 328,000. Deliveries of the model begin on September 30, 2022.

NIO delivered 10,378 vehicles in March, including 3,203 SUVs, and 7,175 sedans, according to figures the company announced on April 1.

Considering that NIO's sedans are only ET7 and ET5, this means that ET7 delivered 738 units in March.

The ET7 delivered 649 units in February. Earlier today, NIO announced that in addition to the new ES6, it will launch the 2023 ET7 on the first day of the Shanghai auto show on April 18.

Except for the ET5, none of the other models in the premium sedan sales ranking are battery-electric vehicles. The models with higher sales than the ET5 are all from German luxury car companies Mercedes-Benz, BMW and Audi.

The Audi A6L topped the list, with 15,614 retail sales in March, while the Mercedes-Benz C-Class ranked second with 14,145 units and the BMW 3 Series third with 13,924 units.

In January-March, the NIO ET5 ranked seventh with 18,703 units sold at retail. The model was No. 6 on the January-February list with 12,266 units sold.

The Mercedes-Benz E-Class was the best-selling premium sedan in China in the first three months with 40,261 units sold. The Audi A6L ranked second with 40,246 units. The BMW 3 Series ranked 3rd with 37,151 units.

As in March, the premium sedans that sold more than the ET5 in January-March were all from German luxury car companies.

($1 = RMB 6.8878)

NIO to launch new ET7 at Shanghai auto show besides new ES6

The post NIO ET5 ranks 7th in top-selling premium sedan list in China with 6,437 Mar sales appeared first on CnEVPost.

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China’s NEV sales up 24% MoM to 653,000 in Mar, CAAM data show

The CAAM proposes that China's central and local governments continue to introduce policies to promote auto consumption, given the current weak market expectations.

China's NEV sales up 24% MoM to 653,000 in Mar, CAAM data show-CnEVPost

China's new energy vehicle (NEV) sales in March were 653,000 units, up 34.8 percent year-on-year and up 24.4 percent from February, 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 saw BEV sales of 490,000 units in March, up 23.8 percent year-on-year. PHEV sales were 163,000 units, up 84.3 percent year-on-year. Sales of fuel cell vehicles were 50 units, up 27 percent year-on-year.

China's NEV sales up 24% MoM to 653,000 in Mar, CAAM data show-CnEVPost

Sales of all vehicles in China were 2.451 million units in March, up 9.7 percent year-on-year and up 24 percent from February.

China's NEV sales up 24% MoM to 653,000 in Mar, CAAM data show-CnEVPost

This means that China's NEVs had a penetration rate of 26.6 percent in March, the same as in February.

China's NEV sales up 24% MoM to 653,000 in Mar, CAAM data show-CnEVPost

Production of NEVs in China was 674,000 units in March, up 44.8 percent year-on-year and up 22.1 percent from February.

Production of all vehicles in China was 2,584,000 units in March, up 15.3 percent year-on-year and 27.2 percent from February.

With purchase tax incentives for internal combustion engine vehicles and purchase subsidies for NEVs both expiring at the end of last year, coupled with price cuts since the beginning of the year, China's auto industry faced significant pressure in the first quarter, the CAAM said.

The CAAM proposes that China's central and local governments continue to introduce policies to promote auto consumption, given the current weak market expectations.

In March, exports of vehicles from China were 364,000 units, up 110 percent from a year earlier and up 10.6 percent from February.

Among them, the export volume of NEVs was 78,000 units, up 390 percent year-on-year but down 10.3 percent from February.

In January-March, China's vehicle sales were 6.076 million units, down 6.7 percent from a year earlier, according to the CAAM.

NEVs sold 1.586 million units in January-March, up 26.2 percent year-on-year, with a market share of 26.1 percent.

China's Mar passenger NEV retail up 23.6% MoM to 543,000, CPCA data show

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China’s Mar passenger NEV retail up 23.6% MoM to 543,000, CPCA data show

In retail, China's NEV penetration rate was 34.2 percent in March, up 6 percentage points from 28.2 percent in March 2022 and up from 31.6 percent in February.

Retail sales of new energy passenger vehicles (passenger NEVs) in China were 543,000 units in March, up 21.9 percent year-on-year and up 23.6 percent from February, according to data released by the China Passenger Car Association (CPCA) on April 10.

This is lower than the CPCA's preliminary figure of 549,000 units released on April 6, and lower than the 560,000 units it estimated in its March 25 report.

Battery electric vehicles (BEVs) continued to dominate, with 383,000 retail sales in March, accounting for 70.5 percent of all NEV retail sales. This represents a 6.4 percent year-on-year increase and a 30.1 percent increase from February.

Plug-in hybrid vehicles (PHEVs) accounted for 160,000 retail sales in March, contributing 29.5 percent of NEV retail sales, up 87.6 percent year-on-year and up 10.4 percent from February.

Retail sales of all passenger vehicles in China were 1,587,000 units in March, up 0.3 percent year-on-year and up 14.3 percent from February, according to the CPCA.

In terms of retail sales, China's NEV penetration rate was 34.2 percent in March, up 6 percentage points from 28.2 percent in March 2022 and up from 31.6 percent in February.

The penetration rate of NEVs was 54.7 percent for local brands, 33.6 percent for luxury brands and 4.2 percent for mainstream joint venture brands.

Wholesale sales of new energy passenger vehicles in China were 617,000 units in March, up 35.2 percent year-on-year and up 24.5 percent from February.

This represents a 31 percent penetration of NEVs at wholesale in March, up 6 percentage points from the 25.1 percent penetration in March 2022 and up from 30.6 percent in February.

Chinese domestic brands saw a NEV penetration of 46.4 percent at wholesale in March, compared to 36 percent for luxury brands and 3.7 percent for mainstream joint venture brands.

China exported 70,000 passenger NEVs in March, with BEVs accounting for 94.3 percent of the total.

SAIC passenger car unit exported 23,654 units, BYD 13,312 units and China 12,206 units in March.

The recent drop in the price of lithium carbonate has helped manufacturers launch more cost-effective NEV models, the CPCA said.

But at the same time, the recent price cuts by some NEV companies may trigger a wait-and-see mood among consumers, the CPCA said.

Tesla delivers 76,663 vehicles in China in Mar, exports 12,206 from Shanghai plant

The post China's Mar passenger NEV retail up 23.6% MoM to 543,000, CPCA data show appeared first on CnEVPost.

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