Category: Tesla

China NEV insurance registrations for week ending Jun 11: Tesla 16,400, Li Auto 8,400, NIO 1,500

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From June 1-11, sold 2,800 units and 26,000 units.

(NASDAQ: LI) continued to flex its muscles, showing strong sales last week while its two local peers, NIO (NYSE: NIO) and (NYSE: XPEV), remained weak.

For the week of June 5 to June 11, Li Auto sold a record 8,400 units, the company said today on Weibo.

That's far more than other new car-making brands and more than the second, third and fourth places on the list combined, it said, adding that Li Auto had sold 11,900 units this month as of June 11.

Li Auto continues to rank in the top five luxury brands sold in the Chinese market and is the highest-ranked Chinese brand on the list, it said.

The company has maintained its focus on premium family customers and has made a strong showing in the segment with its L series models, it said.

With the company's all-electric model and the delivery of the Li L6 next year, Li Auto is confident it will surpass one of the German luxury brands BMW, Mercedes-Benz and Audi in total sales in 2024, it said.

Li Auto did not explain on what basis that weekly sales were tallied, but apparently, they were insurance registrations. The company had suspended sharing those numbers in May, but has later resumed sharing them.

All of the models Li Auto is currently selling are extended-range electric vehicles (EREVs), essentially plug-in hybrids, including the five-seat Li L7 and the six-seat Li L9 and Li L8.

The EREV maker guided a month ago for second-quarter deliveries of between 76,000 and 81,000 units, meaning June deliveries are expected to be between 22,042 and 27,042 units, considering it delivered 25,681 and 28,277 units in April and May, respectively.

Tesla (NASDAQ: TSLA) sold 16,400 units last week, putting the June 1-11 cumulative total at 26,000, according to Li Auto. In the previous week, May 29-June 4, Tesla's figure was 14,500 units.

NIO (NYSE: NIO) had 1,500 units last week and 2,800 units this month as of June 11. Its figure for the previous week was 1,700 units.

XPeng (NYSE: XPEV) was at 1,500 units last week and 2,200 units for the month as of June 11. XPeng's figure for the previous week was 2,100 units.

was at 1,500 units last week and 2,400 units this month as of June 11. Its figure for the previous week was 2,100 units.

Leapmotor was 3,000 units last week and 4,400 units this month as of June 11. Its figure for the previous week was 3,400 units.

was at 1,900 units last week and 2,800 units this month through June 11. Its figure for the previous week was 2,900 units.

Data table: China NEV weekly insurance registrations

The post China NEV insurance registrations for week ending Jun 11: Tesla 16,400, Li Auto 8,400, NIO 1,500 appeared first on CnEVPost.

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Tesla Model Y best-selling SUV in China in May with 31,054 units sold

From January to May, the Model Y sold 152,461 units at retail in China, up 87.03 percent year-on-year, and was also the best-selling SUV in China during the period.

's (NASDAQ: TSLA) Model Y was again the best-selling SUV in China in May, with the Model 3 also doing well in a sedan ranking.

Model Y retail sales in China in May were 31,054 units, up 428.58 percent year-on-year and up 16.05 percent from April, according to a ranking released yesterday by the China Passenger Car Association (CPCA).

This makes the Model Y the best-selling SUV in China in May, ahead of the second-place Yuan Plus with 26,072 units and the third-place BYD Song Plus with 22,079 units.

It is worth noting that the BYD Song family was considered as one model in the CPCA's previous rankings. The family includes the Dynasty Series Song Pro and Song Max, as well as the Ocean Series Song Plus.

Song Pro retail sales in May were 13,501 units, placing it at No. 9 in the ranking.

From January to May, Model Y retail sales in China were 152,461 units, up 87.03 percent year-on-year, making it the best-selling SUV in China during this period.

The BYD Song Plus ranked second with 149,485 units in January-May, and the BYD Yuan Plus ranked third with 117,531 units.

Model 3 retail sales in China in May were 11,454 units, up 189.97 percent year-on-year, but down 13.20 percent from April.

The Tesla sedan did not make the top 20 list of best-selling sedans in May, with the 20th place on the list being the Mercedes-Benz C-Class at 11,929 units.

The Model 3 was fifth on the list of premium sedan sales in May. The Mercedes-Benz E-Class was No. 1 with 14,600 units, the BMW 3 Series was No. 2 with 14,009 units and the Audi A6L was No. 3 with 13,154 units.

From January to May, Model 3 retail sales in China were 67,432 units, up 76.89 percent year-on-year, making it the best-selling premium sedan during this period.

The Audi A6L ranked second with 64,272 units from January to May, and the Mercedes-Benz E-Class ranked third with 61,244 units.

Tesla has a factory in Shanghai that produces the Model 3 and Model Y. Their combined retail sales in China in May were 42,508 units, ranking third in China's NEV market with a 7.3 percent share, according to data released by the CPCA on June 9.

Tesla's Shanghai plant exported 35,187 vehicles in May, up 57.51 percent year-on-year, but down 1.95 percent from April, data monitored by CnEVPost showed.

Tesla delivers 42,508 vehicles in China in May, taking 7.3% share of NEV market

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Tesla says rumors that FSD will start pilot run in Shanghai untrue

There were rumors over the weekend that FSD would be running in Shanghai on a pilot basis, but this was denied.

(Image credit: CnEVPost)

Rumors over the weekend that Tesla's FSD (Full Self-Driving) will start a pilot run in Shanghai have been denied.

"The information is not true," local media outlet Cailian said in a brief report today, citing a response from Tesla China about the rumors.

On May 12, a Shanghai official said the city would further deepen its cooperation with Tesla and promote the electric vehicle (EV) maker's self-driving and robotics businesses in Shanghai.

Shanghai will work with Tesla to build a technology industry cluster with core technology advantages for the global market, Chen Kele, deputy director of the intelligent manufacturing promotion division at Shanghai Municipal Commission of Economy and Informatization, said at the time.

Chen did not directly mention Tesla's FSD at the time, although it was the first hint of support from Chinese officials for Tesla's software.

Before that, local media outlet Caixin said in an April 3 report that Tesla was about to begin widespread testing of FSD in China.

All Tesla vehicles currently come with the free Basic Autopilot (BAP) software. In addition, Tesla also offers Enhanced Autopilot (EAP), FSD software as an option.

EAP and FSD cost $6,000 and $15,000 in the US, and RMB 32,000 ($4,480) and RMB 64,000 in China, respectively.

On June 9, CITIC Securities analyst Lian Yixi's team said that the trend of Tesla FSD entering China is becoming clearer, which is expected to accelerate the intelligent process of local EVs.

However, this is still facing two major problems from becoming a reality -- data collection qualification and supercomputing centers, according to the team.

Also on June 9, Tesla CEO Elon Musk said on Weibo, the Chinese equivalent of Twitter, that the company would be happy to license Autopilot/FSD or other Tesla technology.

This is the first mention of FSD on Musk's Weibo account since 2021, although the account appears to be managed by Tesla's team in Beijing. The Tesla CEO visited China earlier this month and met with several top Chinese officials.

($1 = RMB 7.1452)

Analysts list 2 major issues Tesla must address before bringing FSD to China

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Tesla delivers 42,508 vehicles in China in May, taking 7.3% share of NEV market

ranked third in the CPCA's NEV retail sales rankings, with and in first and second place with 38.1 percent and 7.8 percent shares, respectively.

Tesla (NASDAQ: TSLA) retail sales in China in May were 42,508 units, ranking third in the country's new energy vehicle (NEV) market with a 7.3 percent share, according to data released by the China Passenger Car Association (CPCA) on June 9.

That's up 332.65 percent from 9,825 units in the same month last year and up 6.39 percent from 39,956 units in April, according to data monitored by CnEVPost.

BYD's retail sales in May were 220,735 units, up 94.0 percent year-on-year, placing it first in the NEV market with a 38.1 percent share, according to the CPCA's ranking.

Tesla has a factory in Shanghai, its largest in the world, producing the Model 3 and Model Y, with an annual capacity of more than 1.1 million units.

Model 3 and Model Y breakdown sales figures in China are not yet available. Tesla's pattern is to produce vehicles in the first half of each quarter primarily for export and in the second half for the local market.

China's new energy passenger vehicle retail sales in May were 580,000 units, including 388,000 battery electric vehicles (BEVs) and 192,000 plug-in hybrids (PHEVs), data released by the CPCA on June 8 showed.

This means that Tesla's share of the BEV market in China was 10.96 percent in May, slightly higher than April's 10.8 percent. It had a slightly lower share of the NEV market in May than the 7.58 percent it had in April.

Tesla's Shanghai plant exported 35,187 vehicles in May, considering the CPCA said on June 5 that Tesla sold 77,695 China-made vehicles in May.

That export figure was up 57.51 percent year-on-year but down 1.95 percent from April, CnEVPost's calculations show.

In the ranking released yesterday by the CPCA, GAC Aion came in second with a 7.8 percent share of May retail sales at 45,003 units, up 113.7 percent year-on-year.

SAIC-GM-Wuling ranked fourth with a 6.3 percent share of May retail sales, up 13.7 percent to 36,253 units.

ranked fifth with a 4.9 percent share of May retail sales, up 146.0 percent to 28,277 units.

ranked sixth with a 4.4 percent share, Changan Auto ranked seventh with a 4.2 percent share, Great Wall Motor ranked eighth with a 3.6 percent share, Leapmotor ranked ninth with a 2.1 percent share and Auto ranked 10th with a 1.9 percent share.

CPCA rankings: Top-selling automakers in China in May

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White House says Tesla chargers available for federal dollars — as long as they include CCS

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Continue reading White House says Tesla chargers available for federal dollars — as long as they include CCS

White House says Tesla chargers available for federal dollars — as long as they include CCS originally appeared on Autoblog on Fri, 9 Jun 2023 14:49:00 EDT. Please see our terms for use of feeds.

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Leaked document shows significant early issues with Tesla Cybertruck

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Continue reading Leaked document shows significant early issues with Tesla Cybertruck

Leaked document shows significant early issues with Tesla Cybertruck originally appeared on Autoblog on Fri, 9 Jun 2023 10:20:00 EDT. Please see our terms for use of feeds.

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Top-selling cars in May 2023 in China – BYD first, Volkswagen second, Toyota third

According to the data released by the China Passenger Car Association (CPCA), the Chinese market witnessed the sale of 1.742 million new cars in May 2023. This represents a 7% increase compared to the previous month. Notably, among these sales, 388,000 were electric vehicles (EVs), and 192,000 were plug-in hybrid electric vehicles (PHEVs), collectively known […]

The post Top-selling cars in May 2023 in China – BYD first, Volkswagen second, Toyota third appeared first on CarNewsChina.com.

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