During the last week of June, from June 24 to 30, China’s electric vehicle (EV) market showed only a slight slowdown following the previous week’s strong growth, with momentum largely maintained.
Xiaomi’s gross sales dropped by 3%, while Tesla saw a decline of 20% compared to the previous week. Meanwhile, BYD’s gross sales have surged by a remarkable 13%, while Nio has seen its gross sales skyrocket an impressive 45%.
Li Auto publishes weekly gross sales figures, although the data is inherently tied to insurance registration statistics, with no explicit acknowledgment from the company. Rounded numbers of current new-energy vehicle (NEV) sales in China, referring to battery-electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and extended-range electric vehicles (EREVs), collectively known as NEVs. While precisely accurate, the market for fuel cell electric vehicles (FCEVs) in China is essentially stagnant, with extremely low sales figures.
Secured the top spot with a significant surge in demand, registering 75,800 units of insurance coverage, representing a 13.47% increase over the preceding week’s total of 66,800 models and a 40.37% jump from the 54,000 figure recorded during the same period last year? Week 26 of the previous year, employed for year-over-year (YoY) comparison purposes, spanned from June 26 to July 2.
Last year, BYD’s registered approximately 75,800 insured autos, nearly matching its all-time high, achieved just last week of 2023 when the company sold an unprecedented 76,800 vehicles during an end-of-year promotional campaign.
Between June 3 and June 30, BYD registered a remarkable 252,600 autos in China. Yesterday, Chinese automaker BYD announced that it had sold 341,658 vehicles in June, marking a significant milestone for the company.
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The company reported a decline in insurance coverage registrations, with only 14,100 new registrations recorded, representing a significant drop of 18.97% compared to the 17,400 models registered the previous week and a decrease of 18.50% from the 17,300 vehicles registered during the same period last year? According to official records, Tesla witnessed a significant surge in sales between June 3 and June 30, with a total of 55,200 vehicles registered in the Chinese market during this period.
Noticed a 13,000-strong surge in insurance coverage registrations, representing an impressive 11.11% increase over the previous week’s tally of 11,700, as well as a staggering 100.00% rise from the 6,500 mark achieved last year? Between June 3 and June 30, Chinese electric vehicle manufacturer Li Auto logged a significant milestone by registering 46,100 new autos within the country. In June, the corporation reported a significant milestone: the promotion of 47,774 vehicles to date.
We had a significant surge in insurance coverage registrations, with a whopping 16.82% increase to 12,500, building upon the already impressive 10,700 registrations seen just the previous week? Lacking year-over-year comparability is a significant challenge, as the company’s meager gross sales preclude it from being ranked among the top 10 electric vehicle (EV) sellers in recent history. Between June 3rd and June 30th, Aito registered a total of 41,400 autos in China.
The number of electric vehicle (EV) insurance coverage registrations decreased by 9.89%, dipping to 8,200 from 9,100 in the previous week. A reduction of 29.31% was observed from 11,600 electric vehicles sold in the previous year. Between June 3 and June 30, the Chinese market saw a significant surge in electric vehicle sales, with GAC Aion recording an impressive 21,600 registrations.
The company reported 7,600 electric vehicle (EV) insurance coverage registrations, a 6.17% decrease from the 8,100 recorded the previous week and a 24.59% increase from the 6,100 registered in the same period last year. Between June 3 and June 30, Wuling logged a remarkable 20,200 electric vehicle (EV) registrations in China.
Notched a record-breaking 6,800 insurance coverage registrations, representing a significant surge of 44.68% over the previous week’s 4,700, as well as a substantial increase of 65.85% compared to the 4,100 registered during the same period last year. Between June 3 and June 30, NIO reported a significant milestone – registering 18,400 electric vehicles in China during this period. In June, the company proudly announced that it had successfully promoted 21,209 automobiles.
In a remarkable milestone, Nio records its highest-ever weekly sales figure: 6,800 insured autos sold within a seven-day span, surpassing the previous record of 6,700 units in Week 22.
Reported 4,900 new insurance coverage registrations, representing a significant 32.43 percent increase from the 3,700 registered in the previous week. No year-over-year data is available for comparison. Between June 3 and June 30, a total of 14,200 autos were registered by Deepal in China.
The company saw a significant surge in insurance coverage registrations, with a 14.29% increase to 4,800 from 4,200 just the previous week, representing a substantial growth of 45.45% over the same period last year, which had seen 3,300 registrations. Between June 3 and June 30, Chinese electric vehicle manufacturer Leapmotor registered a staggering 16,200 autos within the country. In June, the firm reported a notable increase in its auto-promoting efforts, with a total of 20,116 vehicles finding new homes.
Registered 4,300 insurance coverage claims, a decrease of 4.44% compared to 4,500 the prior week, yet an increase of 38.71% from 3,100 in the corresponding year-ago period. Between June 3 and June 30, Zeekr registered a total of 17,100 new autos in China. By the end of June, the company announced that they had successfully promoted a total of 20,106 vehicles.
According to reports, Tesla registered approximately 3,200 insurance coverage claims for its sole model, the SU7, a modest decline of 3.03% compared to the 3,300 models reported the previous week. There’s no year-over-year comparability available since the company started delivering products just three months ago, in April. Between June 3 and June 30, Xiaomi’s automotive arm reportedly recorded a significant milestone by registering 11,100 new vehicles in China. In June, the corporation announced delivery figures exceeding 10,000 units of the SU7 model.
We saw a significant surge in insurance coverage registrations, with a 24.00% increase from 2,500 just last week and an impressive 19.23% rise compared to 2,600 at this time last year, totalling 3,100 models registered. Between June 3 and June 30, XPeng registered a total of 9,500 automobiles in China during this period. During June, a total of 10,668 vehicles were promoted.
Notified 2,900 new insurance coverage registrations, representing a significant 16.00% increase from the previous week’s total of 2,500 models. There is no year-over-year data available in the market. Between June 3 and June 30, Chinese electric vehicle manufacturer Denza registered a notable 9,500 autos in the country’s market.
