China's NEV retail penetration is set to exceed 50 percent for the second consecutive month and reach a new record high of 53.2 percent.
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China's NEV retail penetration is set to exceed 50 percent for the second consecutive month and reach a new record high of 53.2 percent.
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Li Auto had 10,700 insurance registrations last week, Xpeng 2,300, Zeekr 3,500, Leapmotor 5,300 and Aito 5,600.
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Li Auto had 11,100 insurance registrations last week, Zeekr 3,400, Leapmotor 5,400 and Aito 3,900.
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In the January-July period, BYD was No. 1 in the NEV market by retail with a 34.1 percent share, while Tesla was No. 3 with a 6.5 percent share.
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China's BEV sales in July stood at 551,000 units, down 10 percent from June, while PHEV sales grew to a new record high of 438,000 units.
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China's retail penetration of NEVs reached a record 51.1 percent in July, the first time it has exceeded the 50 percent mark, meaning that for the first time, NEVs overtook conventional gasoline vehicles in new car sales.
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China's NEV penetration at retail stood at 50.84 percent in July, the first time in history it has exceeded 50 percent, according to preliminary CPCA data.
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Li Auto had that figure at 11,800 last week, Xpeng at 2,200 and Zeekr at 4,100.
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Li Auto had that figure at 11,800 last week, Xpeng at 2,200 and Zeekr at 4,100.
For details, please visit CnEVPost.
July was traditionally a slow production season, while a lack of demand and extreme weather in some regions led to overall weakness in the auto market, according to the CPCA.
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