Category: Monthly Data

BYD May sales breakdown: Qin 43,757 units, Song 38,014 units

From January to May, the Qin family models sold 171,534 units and the Song family sold 216,625 units.

today announced its new energy vehicle (NEV) sales for May, and later provided breakdown figures to show which of its models are the most popular.

The Qin family models sold a record 43,757 units in May, making it the highest-selling BYD model for the month. This represents a 110.85 percent year-on-year increase and a 3.68 percent increase from April.

From January to May, the Qin family models sold 171,534 units, up 42.81 percent year-on-year.

On February 10, BYD let a facelift of the plug-in hybrid sedan Qin Plus DM-i go on sale, offering five versions with a starting price range of RMB 99,800 ($$14,040) to RMB 145,800.

This is the first time BYD has made the starting price of a model with its DM-i powertrain below RMB 100,000.

The Qin family was also the highest-selling BYD model in March and April.

Song family models sold 38,014 units in May, making it the second highest-selling BYD model in May. This represents an 18.83 percent year-on-year increase and a 6.08 percent increase from April.

From January to May, Song family models sold 216,625 units, up 65.60 percent year-on-year.

The BYD brand includes the Dynasty series and the Ocean series. Song family models include the Song Pro and Song Max DM-i in the Dynasty series, and the Song Plus EV and Song Plus DM-i in the Ocean series.

In May, 13,685 units of the Dynasty series Song were sold and 24,329 units of the Ocean series Song Plus were sold.

BYD Yuan family models sold 35,815 units in May, up 168.62 percent year-on-year and down 8.54 percent from April.

From January to May, the Yuan family models sold 172,218 units, up 192.24 percent year-on-year.

The NEV maker launched the 2023 Yuan Pro on May 31 with a starting price of RMB 95,800.

BYD Dolphin sold 30,679 units in May, up 377.12 percent year-on-year and 0.71 percent from April.

From January to May, BYD Dolphin sold 131,708 units, an increase of 173.61 percent year-on-year.

BYD Han family models sold 20,387 units in May, down 14.82 percent year-on-year, but up 42.28 percent from April.

From January to May, the Han family sold 71,784 units, up 63.72 percent year-on-year.

On March 16, BYD let the 2023 Han EV go on sale. On May 18, BYD let the Han DM-i and Han DM-p facelift models go on sale.

BYD Seagull sold 14,300 units in May. The model was launched on April 26 with a starting price of RMB 73,800, making it the cheapest BYD model.

BYD Seagull sold 1,500 units in April.

BYD Tang sold 11,871 units in May, up 40.50 percent year-on-year and up 0.95 percent from April.

From January to May, the Tang sold 56,682 units, up 18.85 percent year-on-year.

BYD made the 2023 Tang DM-i available on March 16 with a starting price of RMB 209,800.

BYD Chaser 05 sold 10,457 units in May, up 129.42 percent year-on-year and 94.37 percent units from April.

From January to May, 29,684 units of this model were sold.

The BYD Frigate 07 sold 10,005 units in May, flat from the 10,003 units sold in April. From January to May, the model sold 39,630 units.

The BYD Seal sold 8,079 units in May, up 30.05 percent from April. The model sold 34,663 units from January to May.

On May 10, BYD officially launched the revamped version of the Seal with a starting price of RMB 23,000 lower than the previous model on sale.

BYD sold 240,220 NEVs in May, including 239,092 new energy passenger vehicles, and 1,128 new energy commercial vehicles.

Its Dynasty series passenger cars sold 125,515 units in May, and the Ocean series sold 102,572 units.

($1 = RMB 7.1063)

BYD sells record 240,220 NEVs in May, surpasses 1 million for the year

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BYD sells record 240,220 NEVs in May, surpasses 1 million for the year

aims to sell at least 3 million NEVs this year.

BYD (OTCMKTS: BYDDY) saw record new energy vehicle (NEV) sales in May, putting it over the 1 million unit mark for sales in the year.

The NEV giant sold 240,220 NEVs in May, up 108.99 percent from 114,943 units a year ago and up 14.23 percent from 210,295 units in April, according to data released today.

The company discontinued production and sales of vehicles powered entirely by internal combustion engines in March last year to focus on producing plug-in hybrids and pure electric vehicles.

BYD's NEVs include passenger cars as well as commercial vehicles, with sales of 239,092 new energy passenger cars in May, up 109.39 percent from 114,183 units in the same month last year and up 14.14 percent from 209,467 units in April.

BYD's new energy commercial vehicles sold 1,128 units in May, up 48.42 percent from 760 units in the same month last year and up 36.23 percent from 828 units in April.

Among these passenger NEVs, battery electric vehicles (BEVs) sold 119,603 units, up 124.19 percent from 53,349 units a year ago and up 14.6 percent from 104,364 units in March.

Its passenger plug-in hybrid vehicles (PHEVs) were 119,489 units, up 96.42 percent from 60,834 units in the same month last year and up 13.69 percent from 105,103 units in April.

In May, BYD sold 10,203 NEVs in overseas markets, down 31.19 percent from 14,827 units in April. The company first announced overseas sales figures for NEVs in July 2022.

In addition to being China's largest NEV company, BYD is also the country's second-largest manufacturer of power batteries.

BYD's installed power and storage battery capacity in May was about 11.489 GWh, up 85.22 percent from 6.203 GWh in the same month last year and up 15.42 percent from 9.954 GWh in April.

From January to May, BYD's NEV sales exceeded the 1-million-unit mark at 1,002,591 units, up 348.11 percent from 507,314 units in the same period last year.

Its passenger NEV sales for the period were 996,476 units, up 358.15 percent from the same period last year.

BYD aims to sell at least 3 million vehicles this year and strives to reach 3.6 million, the company's chairman and president Wang Chuanfu said at an investor conference in late March.

BYD aims to become China's No. 1 automaker by the end of this year, Wang said at the time.

To achieve its goal of selling 3 million NEVs for the year, BYD would need to sell an average of about 285,000 vehicles each month for the next seven months.

Musk once laughed at BYD, but now thinks 'their cars are highly competitive'

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NIO delivers 6,155 vehicles in May, down 7.55% from Apr

delivered 6,155 vehicles in May, down 7.55 percent from April and down 12.37 percent year-on-year.

NIO delivered 6,155 vehicles in May, down 7.55 percent from April and down 12.37 percent year-on-year.

NIO officially launched its all-new ES6 based on the NT 2.0 platform on May 24, and the model was the fastest from launch to delivery for NIO, with deliveries starting on launch night.

On May 24, the all-new ES6 had opened for delivery in 13 regions in China on the night of its launch, NIO announced on Weibo in the early morning of May 25.

NIO will report its unaudited financial results for the first quarter on Friday, June 9, before the US markets open, at which time it is expected to release its guidance for second quarter deliveries.

Given that it has already announced deliveries in both April and May, its guidance at that time will essentially be for June deliveries.

Below is its press release, as the CnEVPost article is being updated.

NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced its May 2023 delivery results.

NIO delivered 6,155 vehicles in May 2023. The deliveries consisted of 2,396 premium smart electric SUVs, and 3,759 premium smart electric sedans. Cumulative deliveries of NIO vehicles reached 333,410 as of May 31, 2023.

On May 24, 2023, NIO launched the All-New ES6, a smart electric all-round SUV in China and started its deliveries the next day. Derived from NIO Technology 2.0 (NT2.0), the All-New ES6 offers enhanced driving and riding experiences with exquisite design, high performance, superior comfort, and advanced digital systems. The All-New ES6 caters to wide-ranging journeys of users for their family, business and leisure needs.

In addition, NIO plans to launch a new vehicle model based on NT2.0, ET5 Touring, a mid-size smart electric tourer and start its delivery to users in June 2023.

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XPeng delivers 7,506 vehicles in May, up 6% from Apr

delivered 7,506 vehicles in May, up 6.03 percent from April but down 25.87 percent year-on-year.

XPeng guided for second-quarter deliveries of 21,000 to 22,000 units when it reported first-quarter earnings on May 24.

The company will begin pre-sales of the G6 SUV, which is aim at competing with 's (NASDAQ: TSLA) Model Y, on June 9.

The XPeng G6 will go on sale in June, with volume deliveries starting in July, and production capacity will climb quickly, the company's management said in a call with analysts after announcing first-quarter earnings.

The G6 will be a hot seller in China's new energy SUV market priced between 200,000 yuan ($28,150) and 300,000 yuan, and will enable XPeng's total deliveries to grow well above the industry's pace in the third quarter, the company said.

Below is its press release, as the CnEVPost article is being updated.

XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for May 2023.

In May 2023, XPENG delivered 7,506 Smart EVs. The delivery volume of the P7i has experienced a substantial increase compared to the previous month. The Company will further accelerate deliveries of the P7i in June, with the goal of rapidly bringing customers this popular new model that features outstanding style and design aesthetics and distinguishing smart features.

Presale for the G6 Ultra Smart Coupe SUV begins on June 9, with display vehicles available at our stores.

In May, XPENG invited the media to test drive the G6. Feedback from media on the G6 highlights that the new model has distinct advantages over other EV models in terms of its ADAS capabilities and its 800V platform for fast charging. The Company anticipates the G6 will emerge as one of the most popular, bestselling models in China's NEV SUV market segment with the RMB200,000 to RMB300,000 price range.

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Li Auto delivers record 28,277 vehicles in May

This article is being updated, please refresh later for more content.

's revenue exceeded RMB 10 billion ($1.4 billion) in May, the first time it has achieved that level of monthly revenue.

Li Auto provided guidance for second-quarter deliveries of 76,000 to 81,000 units when it reported first-quarter earnings on May 10.

The May deliveries announced today mean that it is expected to deliver between 22,042 and 27,042 units in June.

Li Auto's revenue exceeded RMB 10 billion ($1.4 billion) in May, the first time it has achieved that level of monthly revenue, said Li Xiang, founder, chairman, and CEO of Li Auto, adding that it lays a solid foundation for the company to surpass its revenue target of RMB 100 billion in 2023.

From January to May, Li Auto delivered 106,542 vehicles, up 124.87 percent from 47,379 vehicles in the same period last year.

By the end of May, Li Auto's cumulative deliveries since its inception were 363,876 units.

Li said on May 24 on Weibo that he set a goal for his team to reach 20,000 monthly sales of the company's five-seat SUV, Li L7, in October.

"Vendor partners, please trust us to keep up with capacity! " Li wrote.

On May 30, he said on Weibo that Li Auto's order and delivery volume exceeded 1,000 units per day for three consecutive weeks.

Li Auto's next major task is to boost supply chain availability, as the supply target set at the beginning of the year was a bit low, he said at the time.

($1 = RMB 7.1154)

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Neta deliveries up 18% MoM in May, denies HK IPO plan

Earlier today, Bloomberg reported that the company is considering filing for its $1 billion Hong Kong IPO as soon as this month.

Auto, the electric vehicle (EV) brand owned by Hozon Auto, saw deliveries rise about 18 percent last month and denied reports that it plans to make an initial public offering (IPO) in Hong Kong.

Neta delivered 13,029 vehicles in May, up 18.35 percent from 13,029 in the same month last year and up 17.59 percent from 11,080 in April, data released by the company today showed.

From January to May of this year, Neta delivered 50,285 vehicles, up 0.62 percent from 49,974 in the same period last year.

Neta was founded in October 2014 and its first model was launched in November 2018.

Its cumulative deliveries since the company's inception stand at 298,334 vehicles, data monitored by CnEVPost show.

It delivered 152,073 vehicles in 2022, an increase of 118.26 percent year-on-year.

Neta has previously been seen as a budget EV maker, as its vehicles are priced primarily to target the lower end of the market.

The company's previous main-selling models, the Neta V and Neta U, were priced in China at around RMB 100,000 ($14,090) to RMB 150,000.

The Neta S is Neta's first effort at the upper end of the market, where it sells for about RMB 300,000. On April 18, the Neta GT sports car went on sale with a starting price of RMB 178,800 to RMB 227,800.

Earlier today, Bloomberg reported that Hozon Auto is considering filing for its $1 billion Hong Kong IPO as soon as this month.

The company has included ABC International Holdings Ltd and China Merchants Bank International to the banks working on the listing, the report said.

Neta later posted a statement on Weibo denying the report, calling it untrue.

Neta saw its 300,000th production car roll off the line yesterday, 16 months after its 100,000th car rolled off the line.

Neta opened its global headquarters in Shanghai on May 29. Previously it had a Shanghai headquarters in Minhang district, a design center in Beijing and a factory in Tongxiang, Zhejiang province.

($1 = RMB 7.0984)

Neta deliveries in May: 13,029

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GAC Aion posts record sales of 45,003 units in May, up 10% from Apr

From January to May, sold 166,323 vehicles, an increase of 118.44 percent year-on-year.

GAC Aion, the new energy vehicle (NEV) subsidiary of GAC Group, sold a record 45,003 vehicles in May, the third consecutive month of more than 40,000 units, according to figures released today.

That's up 113.73 percent from 21,056 vehicles in the same month last year and up 9.73 percent from 41,012 vehicles in April.

From January to May, GAC Aion sold 166,323 vehicles, which represents a 118.44 percent increase over the 76,142 units sold in the same period last year, according to data monitored by CnEVPost.

GAC Aion is currently selling the Aion series, targeting the mass market, such as the Aion S sedan with a price range of RMB 139,800 (RMB 19,690 USD) to RMB 172,800.

On September 15, 2022 the company announced its new premium brand Hyper, and its first model, the Hyper SSR supercar, to enter the higher end of the market.

GAC Aion is offering two versions of the Hyper SSR, with the regular version priced at RMB 1.286 million in advance and capable of accelerating from 0 to 100 km/h in 2.3 seconds.

The other version, Hyper SSR Ultimate, is priced at RMB 1,686,000 and can accelerate from 0 to 100 km/h in 1.9 seconds.

The model, the fastest accelerating car on the planet, will begin mass production and delivery in October 2023, GAC Aion said at the time.

Pre-orders for the Hyper brand's second model, the Hyper GT sedan, began April 16 with a price range of RMB 219,900 to RMB 339,900.

(Image credit: CnEVPost)

Consumers can purchase the car using a leasing model similar to the , which reduces the price of the car by RMB 70,000 for a monthly rental fee of RMB 980.

Positioned as an all-electric mid-to-large-size coupe, the Hyper GT is the brand's second model, measuring 4,880 mm in length, 1,885 mm in width and 1,455 mm in height, with a wheelbase of 2,910 mm.

The official launch date for the Hyper GT has not yet been announced.

($1 = RMB 7.0991)

GAC Aion sales in May: 45,003

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CPCA expects China NEV retail sales to rise 10.5% MoM to 580,000 in May

Passenger vehicle sales in China are expected to be around 1.73 million units in May, up 27.7 percent year-on-year and up 6.6 percent from April, the CPCA said.

CPCA expects China NEV retail sales to rise 10.5% MoM to 580,000 in May-CnEVPost

In May, retail sales of new energy vehicles (NEVs) in China are expected to be around 580,000 units, up 60.9 percent year-on-year and up 10.5 percent from April, according to estimates released today by the China Passenger Car Association (CPCA).

Survey shows that major automakers, which contribute about 80 percent of passenger car sales, are targeting retail sales growth of more than 5 percent in May compared to April and an improvement of more than 20 percent year-on-year, the CPCA said.

According to preliminary projections, Chinese passenger car sales in May were around 1.73 million units, up 27.7 percent year-on-year and up 6.6 percent from April, the CPCA said.

That means the penetration rate of NEVs at retail in May was about 33.5 percent.

CPCA expects China NEV retail sales to rise 10.5% MoM to 580,000 in May-CnEVPost

During the Labor Day holiday, many cities held auto shows, giving the auto market a high level of attention, the CPCA said. This year, China's Labor Day holiday ran from April 29 to May 3.

The incentives offered by car companies, coupled with local government policies to promote consumption, allowed the Chinese auto market to see a good start in May, with market sentiment and transactions significantly better than the same period in previous years, the CPCA said.

However, as some consumer demand was released at the beginning of the month, the market enthusiasm dropped back significantly as traffic and orders at sales stores turned light after the holidays, the CPCA noted.

Average daily retail sales for major vehicle companies in the first week of May were 53,600, up 46 percent from the previous week and up 67 percent year-on-year.

Average daily retail sales for the second week were 47,300, up 5 percent from the previous week and up 44 percent year-on-year.

Average daily retail sales in the third week are expected to be 53,000, and in weeks four and five the figure is expected to be 72,500, the CPCA said.

In mid-May, the overall discount rate in China's passenger car market was about 16.9 percent, largely unchanged from the previous month, with prices at sales outlets stabilizing, according to the CPCA.

CPCA weekly data: NEV retail sales for 1st 2 weeks of May at 217,000

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China EV battery installations in Apr: BYD regains top spot over CATL in LFP market

BYD returned to the top spot in the LFP battery market with a 42.68 percent share in April, overtaking CATL's 33.65 percent.

China EV battery installations in Apr: BYD regains top spot over CATL in LFP market-CnEVPost

CATL overtook BYD (OTCMKTS: BYDDY) in China's lithium iron phosphate (LFP) battery market in March for the first time this year. Now, the latter has regained its top spot.

China's power battery installed base in April was 25.1 GWh, up 89.4 percent year-on-year but down 9.5 percent from March, according to data released today by the China Automotive Battery Innovation Alliance (CABIA).

China EV battery installations in Apr: BYD regains top spot over CATL in LFP market-CnEVPost

CATL's power battery installed base in April was 10.26 GWh, ranking first with a 40.83 percent share, down from 44.95 percent in March.

BYD installed 7.32 GWh of power batteries in April, ranking second with a 29.11 percent share, up 2.46 percentage points from March's 26.65 percent.

CALB installed 2.20 GWh of power batteries in April, ranking third with a share of 8.74 percent, down 1.54 percentage points from 10.28 percent in March.

China EV battery installations in Apr: BYD regains top spot over CATL in LFP market-CnEVPost

Eve Energy overtook Gotion High-tech to rank No. 4 with 1.38 GWh of installed base and 5.48 percent share.

Gotion High-tech ranked 5th with 1.18 GWh installed in April and a 4.68 percent share. It ranked 4th with a 4.51 percent share in March.

China EV battery installations in Apr: BYD regains top spot over CATL in LFP market-CnEVPost

China's ternary Li-ion battery installed base in April was 8.0 GWh, accounting for 31.8 percent of total installed base, up 83.5 percent year-on-year but down 8.3 percent from March.

The installed base of LFP batteries was 17.1 GWh, accounting for 68.1 percent of the total, up 92.7 percent year-on-year but down 10.0 percent from March.

China EV battery installations in Apr: BYD regains top spot over CATL in LFP market-CnEVPost

In the ternary battery market, CATL ranked first with 56.22 percent of the installed base of 4.50 GWh in April.

CALB and Sunwoda ranked second and third in the ternary battery market with 17.29 percent and 6.07 percent shares, respectively.

In the LFP battery market, BYD regained the top spot with a 42.68 percent share by overtaking CATL with 7.31 GWh installed in April.

CATL installed 5.76 GWh in the LFP battery market in April, ranking second with a 33.65 percent share.

In March, CATL's share of the LFP market was 39.47, higher than BYD's 38.88 percent, the first time it has overtaken BYD in this market during the year.

Eve Energy and Gotion High-tech ranked third and fourth in the LFP battery market with 7.01 percent and 6.17 percent share, respectively.

China NEV sales down 2.6% MoM to 636,000 in Apr, CAAM data show

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China NEV sales down 2.6% MoM to 636,000 in April, CAAM data show

Irrational promotions in China's auto market since March have led to consumer wait-and-see, so auto consumption is still in a slow recovery process, the CAAM said.

China NEV sales down 2.6% MoM to 636,000 in April, CAAM data show-CnEVPost

China's new energy vehicle (NEV) sales in April were 636,000 units, up 112.71 percent year-on-year, but down 2.6 percent from March, according to data released today by the China Association of Automobile Manufacturers (CAAM).

The CAAM's data are wholesale sales for automakers, where NEVs include battery electric vehicles (BEVs), plug-in hybrids (PHEVs) and fuel cell vehicles.

China sold 471,000 BEVs in April, up 103.7 percent year-on-year but down 3.9 percent from March.

China NEV sales down 2.6% MoM to 636,000 in April, CAAM data show-CnEVPost

PHEV sales were 165,000 units, up 144.5 percent year-on-year. Sales of fuel cell vehicles were 300 units, up 222.3 percent year-on-year.

All vehicle sales in China were 2.159 million units in April, up 82.7 percent year-on-year but down 11.9 percent from March.

China NEV sales down 2.6% MoM to 636,000 in April, CAAM data show-CnEVPost

This means that China's NEVs had a penetration rate of 29.5 percent in April, up from 26.6 percent in March.

China NEV sales down 2.6% MoM to 636,000 in April, CAAM data show-CnEVPost

Production of NEVs in China was 640,000 units in April, up 110 percent year-on-year, but down 5 percent from 674,000 units in March.

Production of all vehicles in China was 2.133 million units in April, up 76.8 percent year-on-year and 17.5 percent lower than in March.

China's auto production and sales saw a significant year-on-year increase in April, but this was mainly due to a low base in the same month last year, the CAAM noted.

Irrational promotions in the Chinese auto market since March have led to consumer wait-and-see, so auto consumption is still in a slow recovery process, the CAAM said.

In addition, production and sales in China's auto industry fell in April compared to March amid adverse factors including a slower-than-expected recovery in the commercial vehicle industry, according to the CAAM.

With the current downward pressure on China's economy increasing and aggregate demand still insufficient, the stable operation of the auto industry needs the support of effective policies, the CAAM said.

In April, exports of vehicles from China were 376,000 units, up 170 percent from a year earlier up and 3.3 percent from March.

Among them, the export volume of NEVs was 100,000 units, up 840 percent year-on-year, down 28.6 percent from March.

In January-April, China's auto sales were 8.235 million units, up 7.1 percent from a year earlier.

NEVs sold 2.222 million units in January-April, up 42.8 percent year-on-year, with a market share of 27 percent.

NEV demand in China expected to pick up in Q2, analysts say

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