The Yangwang brand delivered 780 vehicles and Fang Cheng Bao 2,310 vehicles in February.
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Category: Monthly Data
BYD sells 122,311 NEVs in Feb, down 39% from Jan
BYD saw a drop in NEV sales in February as the New Year holiday brought disruptions.
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Nio delivers 8,132 cars in Feb, down 19% from Jan
Nio delivered 8,132 vehicles in February, down 33.11 percent year-over-year and 19.12 percent from January.
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Xpeng delivers 4,545 cars in Feb, down 45% from Jan
"With the capacity ramp-up and the debottlenecking of certain components' supply post-Chinese New Year, we will accelerate the delivery of the X9 in March," Xpeng said.
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Li Auto delivers 20,251 cars in Feb, down 35% from Jan
Li Auto said it is targeting a rebound to 50,000 monthly deliveries in March.
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CPCA expects China’s Feb NEV retail sales at 380,000, down 43% from Jan
China's auto market saw seasonal weakness in February as the 2024 Lunar New Year holiday fell in mid-February, the CPCA noted.
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Automakers’ share of China’s NEV market in Jan: BYD tops with 31%, Tesla 5th with 6%
Among the top 5, Tesla only produces BEVs, while the other automakers produce both BEVs and PHEVs.
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Tesla sells 39,881 cars in China in Jan, exports 31,566 from Shanghai plant
Tesla's share of the Chinese BEV market was 10.61 percent in January, down from 12.68 percent in December.
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China’s NEV retail at 668,000 in Jan, down 29.5% from Dec
China's NEV penetration at retail was 32.8 percent in January, down 7.5 percentage points from 40.3 percent in December.
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Global EV battery market share in 2023: CATL 36.8%, BYD 15.8%
As a comparison, CATL and BYD's shares in 2022 were 36.2 percent and 13.9 percent, respectively.
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