Tesla sold 657,102 retail units in China in 2024, ranking third in the Chinese NEV market with a 6.0 percent share, according to the CPCA.
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Tesla sold 657,102 retail units in China in 2024, ranking third in the Chinese NEV market with a 6.0 percent share, according to the CPCA.
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China's retail penetration of NEVs stood at 49.4 percent in December, marking the fourth consecutive month of decline and the first time since June that the penetration rate has fallen below 50 percent.
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China's NEV retail penetration was 52.6 percent in December and 47.97 percent in 2024, according to preliminary CPCA data.
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Xiaomi had 4,600 insurance registrations last week, Li Auto 6,700, Xpeng 7,000, Zeekr 5,000, Leapmotor 4,300 and Aito 6,100.
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This is the fifth consecutive month that China's monthly NEV wholesale sales have exceeded 1 million units.
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More promotion boosted December deliveries of the Nio brand, while the increase of Onvo was due to improving supply, said analysts at Deutsche Bank.
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BYD sold a record 514,809 NEVs in December, the third consecutive month above the 500,000 mark.
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For the full year 2024, Avatr sold 73,606 vehicles, up 132.47 percent from 2023.
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Voyah delivered 85,697 vehicles for the full year 2024, falling short of its 100,000-unit target.
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