Tagged: China

China Apr NEV retail down 3% from Mar, preliminary CPCA data show

China's retail sales of passenger NEVs in April were 529,000 units, up 87 percent year-on-year, but down 3 percent from March, according to the CPCA.

China Apr NEV retail down 3% from Mar, preliminary CPCA data show-CnEVPost

China's new energy passenger car retail sales in April were 529,000 units, up 87 percent year-on-year, but down 3 percent from March, according to preliminary data released today by the China Passenger Car Association (CPCA).

Notably, the CPCA's estimate released on April 25 showed that retail sales of new energy passenger vehicles in China were expected to be around 500,000 units in April.

The higher figure released today means that the NEV market performed better in the last week of April than the CPCA expected at the time.

From January to April, retail sales of new energy passenger vehicles in China were 1.85 million units, up 37 percent year-on-year, the CPCA said.

Wholesale sales of new energy passenger vehicles in China were 600,000 units in April, up 105 percent year-on-year but down 4 percent from the previous month.

From January to April, wholesale sales of new energy passenger vehicles in China were 2.1 million units, up 42 percent year-on-year.

Retail sales of all passenger vehicles in China were 1.65 million units in April, up 58 percent year-on-year and up 4 percent from March, according to the CPCA.

This means that the penetration of new energy passenger vehicles at retail in April was 32 percent, down from 34.2 percent in March.

From January to April, retail sales of all passenger vehicles in China were 5.94 million units, unchanged from the same period last year.

Wholesale sales of passenger vehicles in China were 1.78 million units in April, up 87 percent from a year ago but down 10 percent from March.

From January to April, China's wholesale sales of passenger cars were 6.85 million units, up 7 percent from a year ago.

This means that in the first four months, China's auto market performed largely in line with the same period last year. This is not a good result, considering the sporadic outbreak of Covid in the first quarter of last year and the impact of the lockdown in Shanghai in April on the sector.

April sales were low and the production pace slowed, largely because many car companies were waiting to see if vehicles based on older emissions standards would be allowed to be sold for an extended period of time, according to the CPCA.

The following is the CPCA's weekly retail sales performance for the Chinese passenger vehicle market in April, as announced today:

Average daily retail sales of passenger vehicles in the first week of April were 37,000 units, up 47 percent year-on-year and up 8 percent from the same period in March.

Average daily sales for the second week of April were 48,000 units, up 81 percent year-on-year and up 24 percent over the same period in March.

Average daily sales for the third week of April were 57,000 units, up 93 percent year-on-year and up 31 percent over the same period in March.

Average daily sales for the fourth week of April were 81,000 units, up 40 percent year-on-year but down 4 percent from the same period in March.

China to allow extended sales periods for ICE models based on existing emissions standard, report says

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BYD presents Han EV, Yuan Plus EV and Dolphin in Ecuador

BYD has entered into a strategic partnership with Ecuadorian car dealership group Andor, which will establish six dealer stores in the next six months and plans to expand to 12 in 2024.

BYD presents Han EV, Yuan Plus EV and Dolphin in Ecuador-CnEVPost

(Image credit: BYD)

BYD held a brand launch event in the Ecuadorian capital Quito on May 3 and debuted the Han EV, Yuan Plus EV and Dolphin models in the country, according to a press release from the Chinese new energy vehicle (NEV) maker today.

At the event, BYD announced a strategic partnership with Ecuadorian car dealership group Andor Corporation, which will showcase BYD models at three shopping centers -- Quicentro Shopping, Paseo San Francisco and Mall del Sol.

In the next six months, Andor will establish six dealer stores in Quito, Guayaquil and Manta, and plans to expand to 12 by 2024.

BYD presents Han EV, Yuan Plus EV and Dolphin in Ecuador-CnEVPost

In the future, BYD will work with local dealers in Ecuador to create a localized sales and service system, the NEV maker said.

BYD sold 210,295 NEVs in April, up 98.31 percent from 106,042 units in the same month last year and up 1.55 percent from 207,080 units in March, according to data released May 2.

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

BYD presents Han EV, Yuan Plus EV and Dolphin in Ecuador-CnEVPost

BYD's flagship Han family of sedans sold 14,329 units in April, up 6.77 percent year-on-year and up 5.75 percent from March. The Han family includes the all-electric Han EV and the hybrid Han DM series.

The Yuan family of models sold 39,160 units in April, making it the second highest selling BYD model for the month. The Yuan Plus is BYD's first model for the global market and is known as the Atto 3 in several other markets.

Dolphin sold 30,462 units in April, essentially unchanged from 30,077 units in March and up 153.01 percent from 12,040 units in the same month last year.

In April, BYD sold 14,827 NEVs in overseas markets, up 11.38 percent from 13,312 units in March.

BYD presents Han EV, Yuan Plus EV and Dolphin in Ecuador-CnEVPost

BYD officially launches Seagull to expand its presence in China's EV market

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NIO sees over 430,000 battery swap services during Labor Day holiday in China

NIO saw 68,748 battery swap services on April 29, the highest number in a single day during the holiday, with its sites along the highway providing 23,460 services that day.  |  NIO US | NIO HK | NIO SG

NIO sees over 430,000 battery swap services during Labor Day holiday in China-CnEVPost

During the recently concluded Labor Day holiday in China, NIO (NYSE: NIO) provided 432,191 battery swap services, including 138,552 free services at battery swap stations along highways, according to data released today by the electric vehicle (EV) maker.

This year's Labor Day holiday in China ran from April 29 to May 3, and the data released today by NIO covers the period from April 28 to May 4, during which it allowed owners free, unlimited access to swap stations along highways.

NIO saw 68,748 battery swap services on the first day of the holiday, April 29, the highest number for a single day of the holiday, and its highway stations provided 23,460 services that day.

On May 2, NIO's sites along highways provided 23,632 services, the highest number of such sites in a single day. All of NIO's battery swap stations provided 64,309 services that day.

As of May 1, NIO had 1,384 battery swap stations in China, 366 of which are located along highways, according to data it released earlier this week.

In the past four days, NIO has not added any new charging piles or battery swap stations.

Most NIO owners currently have the benefit of four to six free battery swap sessions per month, and a few early adopters have unlimited access to the service.

The free battery swap benefits offered by NIO this past Labor Day holiday are in addition to the benefits already offered to owners.

The company offered similar benefits during the Chinese New Year holiday earlier this year, which saw a spike in the number of services offered at its battery swap stations.

NIO offered free access to battery swap stations from January 13 to February 5 during this year's Chinese New Year holiday, which ran from January 21 to January 27.

On January 27, NIO's battery swap stations reached an all-time high of 62,356 services in a single day, according to its previously announced data.

NIO rumored to officially launch new ES6 on May 24

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Insurance registrations for week ending Apr 30: Tesla 11,500, Li Auto 8,100, NIO 2,600

shared the numbers, saying its sales last week far outpaced those of other local new car-making brands.

Li Auto (NASDAQ: LI) today shared sales figures for the major new car makers as well as luxury car companies in China for the last week of April, which is worth a look, even though many automakers have already announced deliveries for last month.

For the week ending April 24 to April 30, Li Auto sold 8,100 units, far more than any other new carmaker brand, it said today on Weibo.

Li Auto continues to be in the top five luxury brands selling in China, the highest-ranking Chinese brand on the list, outpacing other traditional luxury brands besides Mercedes-Benz, BMW and Audi in weekly sales, it said.

Li L7 delivered more than 10,000 units in its first full delivery month, making it one of the preferred luxury five-seat SUVs for more families, Li Auto said.

Li Auto didn't specify what statistic that sales figure was based on, though apparently it was insurance registrations. Its figures for the first three weeks of April were 7,200, 6,300 and 4,177.

Previously, we had access to those numbers every Tuesday, and it was Li Auto's practice to share some of them later to show off that it was leading the pack among car-making newcomers.

The major third-party providers of Chinese auto insurance registrations data, as well as Weibo bloggers, stopped sharing them in April, though Li Auto continues to share some of them.

Li Auto delivered 25,681 vehicles in April, another monthly high while surpassing the 20,000-delivery mark for the second consecutive month, according to data it released on May 1.

vehicles sold 11,500 units in China last week, according to a table shared by Li Auto. The figure for Tesla was 10,300, 12,500 and 6,973 units in the previous three weeks.

The US electric vehicle maker sold 75,842 China-made vehicles in April, including exports, according to data released earlier today by the China Passenger Car Association (CPCA).

The sales include sales in China as well as exports, and the breakdown is expected to be available in the coming days.

NIO (NYSE: NIO) sold 2,600 units last week, according to Li Auto. The company sold 2,000, 700 and 1,316 units in the first three weeks of April, according to the previous data.

NIO's deliveries in April fell further to 6,658 units, as its product switchover continues, according to data released on May 1.

(NYSE: XPEV) saw sales of 2,500 units last week. It sold 1,900, 1,300 and 904 units in the first three weeks of April.

XPeng delivered 7,079 vehicles in April, down 21.36 percent from 9,002 a year ago, but up 1.1 percent from 7,002 in March.

sold 2,300 units last week, a figure that was 2,100, 1,600 and 1,476 units in the first three weeks of April.

, Denza, and sold 3,200, 2,700, and 2,600 units last week, respectively.

Among the luxury brands, Mercedes-Benz, BMW and Audi had the highest sales last week with 19,400, 15,700 and 14,500 respectively, according to data shared by Li Auto.

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China’s NEV wholesale in April at about 600,000 units, CPCA estimates show

China's auto industry price war faded in April, easing consumer wait-and-see sentiment and releasing suppressed demand, the CPCA said.

China's wholesale sales of new energy passenger vehicles are expected to be 600,000 units in April, basically unchanged from March and up 114 percent year-on-year, the China Passenger Car Association (CPCA) said in a report today.

In March, the 11 manufacturers with more than 10,000 wholesale sales of new energy vehicles (NEVs) contributed 80.7 percent of all wholesale sales, the CPCA said.

These companies are expected to sell 482,000 units in April, and the normal structure would put China's wholesale sales of new energy passenger vehicles in April at around 600,000 units, the CPCA said.

In January-April, China's wholesale sales of new energy passenger vehicles are estimated at 2.1 million units, up 43 percent year-on-year, according to the report.

The CPCA said the overall auto market continued the trend seen in late March as the price war in China's auto industry receded in April, easing consumer wait-and-see sentiment and releasing previously suppressed demand.

Due to the low base of last year and the recent continued strength of China's new energy passenger vehicle exports, car companies in the core regions of the NEV industry chain, including Shanghai, performed well, the CPCA said.

Passenger vehicle sales in China are expected to be 23.5 million units in 2023, including 8.5 million NEVs, and NEV penetration is expected to reach 36 percent, the CPCA said, repeating its previous forecast.

China's new energy passenger vehicle sales were 6.5 million units in 2022, up 94 percent year-on-year, the CPCA noted.

Here are the CPCA's wholesale NEV sales for major car companies in April.

Tesla sells 75,842 China-made vehicles in Apr, CPCA data show

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