Smart and Sustainable Electric Mobility
China's June retail sales of NEVs are set to be the second highest on record, further approaching last December's record high.
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CATL's share of China's EV battery market declined further in May, while BYD continued to increase, as the latter's NEV sales grew further.
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Excluding exports, domestic NEV sales were 856,000 units in May, up 40.8 percent year-on-year and up 16.3 percent from April.
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In the January-May period, BYD was No. 1 in China's NEV market with a 34.0 percent share, while Tesla was No. 3 with 6.7 percent.
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China's NEV penetration at retail was a record 47 percent in May, up 14 percentage points from 33 percent a year earlier and up 3.3 percentage points from 43.7 percent in April.
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Tesla China exported 17,358 vehicles in May, down 50.67 percent year-on-year and down 43.54 percent from April.
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CATL continued to be No. 1, but with a slight decrease in share from Jan-March. BYD remained in second place and increased its share.
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China's NEV penetration at retail stood at 46.88 percent in May and 40.26 percent year-to-date, according to preliminary data from the CPCA.
The post China NEV retail at 790,000 in May, up 17% from Apr, preliminary CPCA data show appeared first on CnEVPost.
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In May, the start of car trade-in subsidies and the cooling of price wars have stimulated spending among groups that were previously on the sidelines, the CPCA said.
The post China May NEV wholesale at 910,000, up 16% from Apr, CPCA estimates show appeared first on CnEVPost.
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In the January-May period, Tesla China sold 355,616 vehicles, down 7.12 percent from 382,859 in the same period last year.
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