Within the second week of March, Nio was up 5%, Tesla was up 11%, and BYD was up 9%, whereas Xpeng was down 18% from the week earlier than. Onvo registered 1,300 automobiles, up 18%.
The EV penetration charge reached 52.5%, as 421,000 passenger automobiles had been registered in China, 221,000 of which had been electrical.
The weekly gross sales are revealed by Li Auto or Dongchedi; nonetheless, the China Affiliation of Car Producers (CAAM) lately urged the cessation of this observe. Li Auto nonetheless hasn’t revealed the gross sales rating as of 5 pm in China time, more than likely following the CAAM’s urging. The next knowledge are from our sources monitoring insurance coverage registrations, which don’t embody some manufacturers reminiscent of Zeekr and Aito. The numbers are rounded and current new vitality automobiles (NEV) gross sales, the Chinese language time period for BEVs, PHEVs, and EREVs (vary extenders). To be fully exact, it additionally contains hydrogen automobiles (FCEVs), however their gross sales are virtually non-existent in China.
Remember that insurance coverage registration and gross sales/deliveries are totally different datasets. Regulator-related automotive associations report insurance coverage registration, whereas supply knowledge are self-reported by automakers, which could embody present automobiles, check automobiles, and different devices.
Week 11 of 2025 (W11) was between March 10 and 16.
BYD secured the highest place with 62,800 insurance coverage registrations in China, up 9.4% from 57,400 items the week earlier than. Within the first two weeks of March, BYD registered 120,200 automobiles in China.
BYD Group offered 614,679 automobiles in January and February, up 90% from 322,767 items year-over-year. The Chinese language New 12 months vacation makes it extra sense to mix January and February for a year-on-year comparability. That is defined extra right here.
Wuling adopted with 16,600 registrations, a rise of seven.8% from the earlier week’s 15,400 items. Within the first two weeks of March, Wuling registered 32,000 automobiles in China.
Tesla got here subsequent with 15,300 registrations, up 10.9% from 13,800 items per week earlier. Within the first two weeks of March, Tesla registered 29,100 automobiles in China.
Xpeng reported 7,000 registrations, down 17.6% from 8,500 items the earlier week. Within the first two weeks of March, Xpeng registered 15,500 automobiles in China.
Xpeng’s month-to-month supply quantity has exceeded 30,000 automobiles for 4 consecutive months. The Mona M03 entry-level sedan has powered its deliveries, contributing about half of the gross sales within the final two months.
Li Auto recorded 7,900 registrations, a rise of 8.2% from the earlier week’s 7,300 items. Li Auto registered 15,200 automobiles in China within the first two weeks of March.
Li Auto sells primarily EREV SUVs. Final yr, it launched its first all-electric automotive, Li Mega, nonetheless, the gross sales had been disastrous for the coffin-like car. In response, Li Auto delayed the launch of one other all-electric mannequin to Q2 2025. The primary all-electric SUV would be the Li Auto i8, which was already teased in spy pictures.
GAC Aion registered 7,000 automobiles, up 6.1% from 6,600 items per week earlier. Within the first two weeks of March, it registered 13,600 automobiles in China.
Xiaomi registered 6,500 items, up 4.8% from 6,200 items the earlier week. Within the first two weeks of March, Xiaomi registered 12,700 automobiles in China.
Leapmotor reported 7,000 registrations, rising 18.6% from 5,900 items per week earlier. Within the first two weeks of March, Leapmotor registered 12,900 automobiles in China.
Nio posted 2,000 registrations, rising 5.3% from 1,900 items the week earlier than. Within the first two weeks of March, Nio registered 3,900 automobiles in China.
Onvo recorded 1,300 registrations, up 18.2% from 1,100 items per week earlier. Within the first two weeks of March, Onvo registered 2,400 automobiles in China.
Onvo sells a single mannequin, an L60 SUV.
Collectively, Nio Group registered 3,300 items, barely up from 3,000 items the week earlier than. Within the first two weeks of March, Nio Group registered 6,300 items in China.
Alan Ai, Onvo CEO, lately defined the teachings he discovered whereas operating Onvo and the errors he made. He talked about higher inventory preparation and delays in prospects’ orders that resulted in dropping their confidence. One other facet was timing: “Onvo ought to have a launch in October, and deliveries begin in November,” Ai mentioned.
He didn’t straight reiterate the March supply goal of 20,000 items, which is unimaginable to fulfil at this level. Nonetheless, he claimed the corporate would attain 20,000 deliveries within the sixth or seventh month after supply began. Onvo L60 launched on September 19 and began deliveries on September 28; thus, Onvo expects to ship 20,000 items month-to-month in March or April.
Advisable for you
China EV registrations in Week 10: Nio 1,900, Xpeng 8,500, Tesla 13,800, BYD 57,400
China EV registrations in Week 9: Nio 3,100, Xiaomi 6,800, Tesla 12,400, BYD 62,400
China EV registrations in week 8: Nio 2,500, Xiaomi 6,400, Tesla 7,500, BYD 59,100
