Domestic NEV sales in November reached a record high for the third consecutive month at 1,429,000 units, according to data from the CAAM.
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Domestic NEV sales in November reached a record high for the third consecutive month at 1,429,000 units, according to data from the CAAM.
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Model Y retail sales in China were up 23.12 percent in November from October, Model 3 sales were the highest since September 2022.
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Sequential decreases in deliveries of Nio's main-selling models weighed on its performance in November.
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In the January-November period, BYD ranked first in China's NEV market with a 34.5 percent share, while Tesla ranked third with a 6.0 percent share.
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In the January-November period, BYD ranked first in China's NEV market with a 34.5 percent share, while Tesla ranked third with a 6.0 percent share.
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Li Auto had 12,600 insurance registrations last week, Xpeng 7,000, Zeekr 5,400, Leapmotor 8,500 and Aito 6,000.
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Retail sales of NEVs in China exceeded 1 million for the fourth consecutive month in November, although penetration declined sequentially for the third time in a row.
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China's retail penetration of NEVs was 52.2 percent in November and 47.36 percent year-to-date.
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This is the fifth time that China's monthly NEV wholesale sales have exceeded 1 million units.
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Li Auto had 11,900 insurance registrations last week, Xpeng 9,400, Zeekr 6,200, Leapmotor 9,200 and Aito 7,700.
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