Smart and Sustainable Electric Mobility
Tesla sold 11,500 EVs in the last week of April, up from 10,300 the week before.
The post China NEV startups sales in the week of April 24-30: Li Auto 8100, Nio 2600, Xpeng 2500 appeared first on CarNewsChina.com.
Li Auto shared the numbers, saying its sales last week far outpaced those of other local new car-making brands.
Li Auto (NASDAQ: LI) today shared sales figures for the major new car makers as well as luxury car companies in China for the last week of April, which is worth a look, even though many automakers have already announced deliveries for last month.
For the week ending April 24 to April 30, Li Auto sold 8,100 units, far more than any other new carmaker brand, it said today on Weibo.
Li Auto continues to be in the top five luxury brands selling in China, the highest-ranking Chinese brand on the list, outpacing other traditional luxury brands besides Mercedes-Benz, BMW and Audi in weekly sales, it said.
Li L7 delivered more than 10,000 units in its first full delivery month, making it one of the preferred luxury five-seat SUVs for more families, Li Auto said.
Li Auto didn't specify what statistic that sales figure was based on, though apparently it was insurance registrations. Its figures for the first three weeks of April were 7,200, 6,300 and 4,177.
Previously, we had access to those numbers every Tuesday, and it was Li Auto's practice to share some of them later to show off that it was leading the pack among car-making newcomers.
The major third-party providers of Chinese auto insurance registrations data, as well as Weibo bloggers, stopped sharing them in April, though Li Auto continues to share some of them.
Li Auto delivered 25,681 vehicles in April, another monthly high while surpassing the 20,000-delivery mark for the second consecutive month, according to data it released on May 1.
Tesla vehicles sold 11,500 units in China last week, according to a table shared by Li Auto. The figure for Tesla was 10,300, 12,500 and 6,973 units in the previous three weeks.
The US electric vehicle maker sold 75,842 China-made vehicles in April, including exports, according to data released earlier today by the China Passenger Car Association (CPCA).
The sales include sales in China as well as exports, and the breakdown is expected to be available in the coming days.
NIO (NYSE: NIO) sold 2,600 units last week, according to Li Auto. The company sold 2,000, 700 and 1,316 units in the first three weeks of April, according to the previous data.
NIO's deliveries in April fell further to 6,658 units, as its product switchover continues, according to data released on May 1.
XPeng (NYSE: XPEV) saw sales of 2,500 units last week. It sold 1,900, 1,300 and 904 units in the first three weeks of April.
XPeng delivered 7,079 vehicles in April, down 21.36 percent from 9,002 a year ago, but up 1.1 percent from 7,002 in March.
Zeekr sold 2,300 units last week, a figure that was 2,100, 1,600 and 1,476 units in the first three weeks of April.
Neta, Denza, and Leapmotor sold 3,200, 2,700, and 2,600 units last week, respectively.
Among the luxury brands, Mercedes-Benz, BMW and Audi had the highest sales last week with 19,400, 15,700 and 14,500 respectively, according to data shared by Li Auto.
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It's almost 5000% up from the same month last year, but because of covid lockdowns, it is not so relevant.
The post Tesla sold 75,842 China-made cars in April appeared first on CarNewsChina.com.
China's auto industry price war faded in April, easing consumer wait-and-see sentiment and releasing suppressed demand, the CPCA said.
China's wholesale sales of new energy passenger vehicles are expected to be 600,000 units in April, basically unchanged from March and up 114 percent year-on-year, the China Passenger Car Association (CPCA) said in a report today.
In March, the 11 manufacturers with more than 10,000 wholesale sales of new energy vehicles (NEVs) contributed 80.7 percent of all wholesale sales, the CPCA said.
These companies are expected to sell 482,000 units in April, and the normal structure would put China's wholesale sales of new energy passenger vehicles in April at around 600,000 units, the CPCA said.
In January-April, China's wholesale sales of new energy passenger vehicles are estimated at 2.1 million units, up 43 percent year-on-year, according to the report.
The CPCA said the overall auto market continued the trend seen in late March as the price war in China's auto industry receded in April, easing consumer wait-and-see sentiment and releasing previously suppressed demand.
Due to the low base of last year and the recent continued strength of China's new energy passenger vehicle exports, car companies in the core regions of the NEV industry chain, including Shanghai, performed well, the CPCA said.
Passenger vehicle sales in China are expected to be 23.5 million units in 2023, including 8.5 million NEVs, and NEV penetration is expected to reach 36 percent, the CPCA said, repeating its previous forecast.
China's new energy passenger vehicle sales were 6.5 million units in 2022, up 94 percent year-on-year, the CPCA noted.
Here are the CPCA's wholesale NEV sales for major car companies in April.
Tesla sells 75,842 China-made vehicles in Apr, CPCA data show
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The Yangwang U9 is the first BYD car with a steering yoke. It will hit the market this year with 1100 hp and a price tag of 150,000 USD.
The post Interior of the BYD’s Yangwang U9 unveiled in patent images with a steering yoke appeared first on CarNewsChina.com.
Tesla's April sales in China may have been negatively impacted by consumer expectations of price cuts. It raised the prices of all its models in China this week, seemingly aimed at dampening such expectations. | TSLA.US
Tesla sold 75,842 China-made vehicles in April, including exports, according to data released today by the China Passenger Car Association (CPCA).
That's up 4,916.01 percent from 1,512 units in the same month last year but down 14.66 percent from 88,869 units in March.
Last April's low base was due to disruptions to Tesla's production in China when Shanghai, where its plant is located, went into Covid lockdown at the end of March last year. The plant produces the Model 3 sedan as well as the Model Y crossover.
The sales include those in China as well as those for export, and the breakdown is expected to be available in the coming days.
In January-April, Tesla's China-made vehicle sales were 305,164, up 66.13 percent from 183,686 in the same period last year, data monitored by CnEVPost showed.
Tesla's April sales in China may have been negatively impacted by consumer expectations of price cuts.
The US electric vehicle maker cut prices for the Model 3 as well as the Model Y in several markets around the world in the first half of April, raising concerns about whether it would cut prices in China.
This may have caused many potential consumers to wait for Tesla to cut prices in China, thus delaying the purchase of the car.
On April 14, Grace Tao, Tesla's vice president of external affairs, shared several charts on Weibo showing that all versions of the Model 3 and Model Y available in the Chinese mainland are priced lower than in all other markets.
Tao shared these charts without comment, although she seemed to be suggesting at the time that Tesla would not be dropping prices in China.
On May 2, Tesla raised the prices of its full lineup of Model 3 and Model Y in China by RMB 2,000 ($290), a small margin that meant the move may be aimed more at dispelling consumer wait-and-see sentiment.
Earlier today, Tesla raised the prices of the new Model S and Model X in China, and also offered 3 years of free supercharging for the two more expensive models.
The Model 3 now starts at RMB 231,900 in China, the Model Y at RMB 263,900, the Model S at RMB 808,900 and the Model X at RMB 898,900.
($1 = RMB 6.9119)
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