Smart and Sustainable Electric Mobility
Nio delivered 30,053 vehicles in the first quarter, reaching its lowered guidance of about 30,000 units.
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In the first quarter, Xpeng delivered 21,821 vehicles, which was within the previously provided guidance range of 21,000-22,500 vehicles.
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In the first quarter, Li Auto delivered 80,400 vehicles, exceeding the upper end of the lowered guidance range of 76,000 to 78,000 vehicles.
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The NEV penetration rate is expected to reach a record 45.5 percent in March as it reversed the pre-holiday slump and rose rapidly, the CPCA said.
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CATL's share of China's EV battery market increased by 5.75 percentage points in February, while BYD's share decreased by 0.82 percentage points.
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In the January-February period, BYD topped China's NEV market with a 30.8 percent share, while Tesla came in fourth with 6.6 percent.
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Excluding exports, domestic NEV sales in February totaled 395,000 units, down 9.8 percent year-on-year and down 37.2 percent from January.
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Retail penetration of NEVs in China was 35.8 percent in February, up 2.9 percentage points from 32.8 percent in January.
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In the January-February period, Tesla's retail sales in China amounted to 70,022 units, up 15.23 percent year-on-year.
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In February, China's retail sales of all passenger vehicles totaled 1.092 million units, down 21 percent year-on-year and down 47 percent from January.
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