During the initial days of December, the Chinese electric vehicle (EV) market generally experienced an upward trend, albeit with some notable exceptions. Stocks like Nio surged 19%, while Xiaomi’s gain was a more modest 7%. Meanwhile, Tesla saw its value decline by 16%, and BYD bucked the trend with a 15% increase compared to the previous week. NIO’s Onvo model saw a significant surge in sales, with 1,715 units registered, representing a 23% increase compared to the previous week.
What are the weeks in a 12-month calendar? Week 1 is from January 3 to January 9, week 2 is from January 10 to January 16, week 3 is from January 17 to January 23, week 4 is from January 24 to January 30, week 5 is from January 31 to February 6, week 6 is from February 7 to February 13, week 7 is from February 14 to February 20, week 8 is from February 21 to February 27, week 9 is from February 28 to March 5, week 10 is from March 6 to March 12, week 11 is from March 13 to March 19, week 12 is from March 20 to March 26, week 13 is from March 27 to April 2, week 14 is from April 3 to April 9, week 15 is from April 10 to April 16, week 16 is from April 17 to April 23, week 17 is from April 24 to April 30, week 18 is from May 1 to May 7, week 19 is from May 8 to May 14, week 20 is from May 15 to May 21, week 21 is from May 22 to May 28, week 22 is from May 29 to June 4, week 23 is from June 5 to June 11, week 24 is from June 12 to June 18, week 25 is from June 19 to June 25, week 26 is from June 26 to July 2, week 27 is from July 3 to July 9, week 28 is from July 10 to July 16, week 29 is from July 17 to July 23, week 30 is from July 24 to July 30, week 31 is from July 31 to August 6, week 32 is from August 7 to August 13, week 33 is from August 14 to August 20, week 34 is from August 21 to August 27, week 35 is from August 28 to September 3, week 36 is from September 4 to September 10, week 37 is from September 11 to September 17, week 38 is from September 18 to September 24, week 39 is from September 25 to October 1, week 40 is from October 2 to October 8, week 41 is from October 9 to October 15, week 42 is from October 16 to October 22, week 43 is from October 23 to October 29, week 44 is from October 30 to November 5, week 45 is from November 6 to November 12, week 46 is from November 13 to November 19, week 47 is from November 20 to November 26, week 48 is from November 27 to December 3, week 49 is from December 4 to December 10, and week 50 is from December 11 to December 17. Week 50 of 2023, serving as a baseline for year-over-year comparisons, spanned from December 11 to December 17.
Li Auto publishes weekly gross sales figures, which, although not directly stated, largely rely on insurance coverage registration data. Chinese electric vehicle market sales of plug-in hybrid, battery, and extended-range vehicles have seen significant growth, with rounded numbers indicating a surge in popularity. While the exact figures are indeed accurate, China’s market for hydrogen fuel cell electric vehicles (FCEVs) is remarkably underwhelming, with essentially zero gross sales to date. Onvo registrations typically don’t originate from Li Auto but instead are sourced from China EV DataTracker.
BYD solidified its dominance with 97,800 new registrations, marking a significant 15.1% increase from the previous week and an impressive 89.2% surge compared to the same period last year.
In the latest reporting period, Wuling registered 21,800 new vehicles, representing a modest 1.9% increase from the previous week and a robust 83.2% growth compared to the same period last year?
Tesla’s weekly model registrations dipped 15.5% to 18,500, while the year-over-year comparison revealed a modest 1.1% boost.
Li Auto’s sales surged 11.9% from the previous week and 24.8% year-on-year, with a total of 14,100 new vehicle registrations.
Geely experienced a significant 72.0% surge in registrations, totalling 12,900 new customers. Unfortunately, year-over-year information is unavailable for meaningful comparison.
Leapmotor registered a substantial 10,000-unit milestone, representing a remarkable 17.6 percent week-over-week increase and an astonishing 150.0 percent year-on-year growth.
In the latest update, Aion saw a significant surge in registrations, with a 13.0% increase compared to the previous week, totaling 7,800 new users. However, when looking at year-over-year numbers, the company experienced a decline of 10.3% in overall registrations.
Deepal registered 7,700 models, demonstrating a notable 13.2% increase from the previous week and a remarkable 148.4% surge compared to the same period last year.
Xpeng secured 7,200 new registrations, a notable 2.9% increase over the preceding week, as well as a substantial 50.0% surge compared to the same period last year.
Aito recorded a significant surge in new users, with 6,700 registrations, representing an impressive 11.7% increase from the previous week.
Xiaomi Auto saw a significant surge in demand, registering 5,800 new vehicle models – a 7.4% increase compared to the previous week?
Xiaomi unveiled its inaugural automotive offering, the SU7 sedan, on March 28, followed by the start of deliveries just two days later. Xiaomi’s sales momentum continued to surge in November, as the company delivered over 100,000 smartphone units, a significant milestone that brings it closer to its ambitious target of 130,000 for the year.
Zeekr reported 5,200 new registrations, a 3.7% decline from the previous week, yet still boasting a remarkable 136.4% surge compared to the same period last year.
The NIO brand recorded a significant surge in model registrations, boasting a notable 18.9% increase from the previous week and a substantial 29.4% year-over-year growth, with a total of 4,400 automobiles registered. Insurance coverage registrations typically categorize only manufacturer models; therefore, Onvo registration numbers are generally not incorporated into Nio numbers.
Between December 2 and 15, a total of 8,100 Nio-branded vehicles were registered in China during the initial fortnight of the month.
Last week, Onvo recorded a significant surge in model registrations, with 1,715 new entries, representing a notable 22.5% increase from the previous week’s total of 1,400. Onovo successfully introduced its all-new L60 SUV model in China on September 19, followed by the start of deliveries on September 28.
Onvo’s President, Alan Ai, recently reaffirmed the company’s commitment to shipping 10,000 Onvo L60 units by December. During the initial fortnight of December (December 2nd to December 15th), Onvo recorded a notable milestone: 3,115 vehicle registrations in China.
models. Nio’s group aims to achieve a supply target of 30,449 units in December, guided by fourth-quarter projections.
Luxeed saw a notable surge in interest, with 3,400 fresh registrations – a 3.0% increase from the previous seven days. No year-over-year information is obtainable.
Denza recorded 3,200 models. While week-over-week data isn’t available, we do see a significant boost in registrations, with a year-over-year increase of 14.3%.
