Smart and Sustainable Electric Mobility
Li Auto's deliveries in January were down from December due to the negative impact of the Chinese New Year holiday, a seasonal factor.
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China EV stocks are up an average of 20 percent year-to-date but have underperformed China tech ADRs since December, likely due to investor concerns about weak first-quarter sales and increased competition, according to Edison Yu's team.
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Auto dealers' sales pace was disrupted in January due to the impact of the Covid infection wave and the early timing of the Chinese New Year, the CPCA said.
The post China Jan passenger NEV retail sales expected to fall over 40% from Dec, CPCA says appeared first on CnEVPost.
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For the full year 2022, China's NEV sales were 6.887 million units, up 93.4 percent year-on-year, accounting for 25.6 percent of all vehicle sales.
The post China's NEV sales at 814,000 units in Dec, contributing 31.8% of all vehicle sales, CAAM data show appeared first on CnEVPost.
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Model 3 retail sales in China increased 24.53 percent in December compared to November, while Model Y sales decreased 43.94 percent from November.
The post Tesla sells 12,539 Model 3s and 29,387 Model Ys in China in Dec appeared first on CnEVPost.
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For the full year 2022, retail sales of new energy passenger vehicles in China were 5.67 million units, contributing 27.6 percent of all passenger vehicle sales.
The post China's retail sales of passenger NEVs at record 640,000 units in Dec, CPCA data show appeared first on CnEVPost.
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Tesla sold 55,796 China-made vehicles in December, down 44.37 percent from 100,291 in November and down 21.24 percent from 70,847 in the same month last year.
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That's down 44.37 percent from 100,291 vehicles in November and down 21.24 percent from 70,847 vehicles in the same month last year, according to data released today by the CPCA.
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The CPCA did not release preliminary sales figures for NEVs in December. Previous figures showed the CPCA expected the figure to be around 700,000 units.
The post China's retail auto sales exceed 2.4 million in Dec, up 47% from Nov, preliminary CPCA data show appeared first on CnEVPost.
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For the full year 2022, the Song family sold 478,120 units and the Han family 274,015 units.
The post BYD Dec sales breakdown: Song 70,079 units, Han 29,468 units appeared first on CnEVPost.
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