Within the first week of December, the China EV market was principally up, with a number of exceptions. Nio grew 19%, Xiaomi grew 7%, Tesla was down 16%, and BYD was up 15% from the earlier week. Nio’s model Onvo registered 1,715 models, up 23% from the earlier week.
Week 50 (W50) of the yr was between December 5 and December 15. Week 50 of 2023, used for year-on-year comparability, was between December 11 and December 17.
The weekly gross sales are revealed by Li Auto, and regardless of Li’s not explicitly saying it, they’re primarily based on insurance coverage registration information. 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 consists of hydrogen automobiles (FCEVs), however their gross sales are virtually non-existent in China. Onvo registrations will not be revealed by Li Auto however come from China EV DataTracker.
BYD maintained its lead with 97,800 registrations, reflecting a 15.1% enhance from the earlier week and a formidable 89.2% rise year-over-year.
Wuling recorded 21,800 registrations, a slight week-over-week enhance of 1.9% and a strong 83.2% progress in comparison with the identical interval final yr.
Tesla registered 18,500 models, a 15.5% decline from final week, although year-over-year registrations confirmed a modest enhance of 1.1%.
Li Auto achieved 14,100 registrations, up 11.9% week-over-week and 24.8% in comparison with final yr.
Geely noticed 12,900 registrations, a big 72.0% enhance from the earlier week. Yr-over-year information is unavailable for comparability.
Leapmotor registered 10,000 models, reflecting a 17.6% week-over-week enhance and a outstanding 150.0% progress in comparison with final yr.
Aion recorded 7,800 registrations, up 13.0% from final week, although year-over-year registrations declined by 10.3%.
Deepal registered 7,700 models, marking a 13.2% enhance week-over-week and a powerful 148.4% rise year-over-year.
Xpeng achieved 7,200 registrations, a 2.9% enhance from the earlier week and a 50.0% rise in comparison with final yr.
Aito reported 6,700 registrations, an 11.7% week-over-week enhance.
Xiaomi Auto registered 5,800 models, reflecting a 7.4% enhance from final week.
Xiaomi launched its solely automotive, SU7 sedan, on March 28, with deliveries beginning a couple of days later. Xiaomi surpassed 100,000 delivered models in November with an annual goal of 130,000.
Zeekr recorded 5,200 registrations, down 3.7% week-over-week however exhibiting a 136.4% enhance year-over-year.
Nio model registered 4,400 automobiles, an 18.9% enhance from the earlier week and a 29.4% rise year-over-year. As insurance coverage registrations signify solely manufacturers, Onvo registration numbers will not be included in Nio numbers.
Within the first two weeks of December (Dec 2-15), Nio model registered 8,100 automobiles in China
Onvo registered 1,715 models, up 22.5% from 1,400 within the earlier week. Onvo launched its solely mannequin L60 SUV on September 19 in China, with deliveries beginning on September 28.
Onvo’s president, Alan Ai, just lately reiterated the objective of delivering 10,000 Onvo L60 in December. Within the first two weeks of December (Dec 2-15), Onvo registered 3,115 automobiles in China.
Nio’s group (Nio+ Onvo) registrations within the first two weeks of December are 11,215 models. Nio’s group supply goal for December is 30,449 primarily based on fourth-quarter steerage.
Luxeed noticed 3,400 registrations, up 3.0% week-over-week. No year-over-year information is on the market.
Denza recorded 3,200 models. Week-over-week information is unavailable, however registrations elevated by 14.3% year-over-year.
