For the January 1-28 interval, Nio was 9,900 items, Xpeng 6,800, Li Auto 27,100, Tesla 35,200 and BYD 168,500.
Insurance coverage registrations in China by main electrical automobile (EV) makers continued to rebound final week, although they remained at low ranges, foreshadowing a weak January because of seasonal elements.
For the week of January 22-28, Li Auto (NASDAQ: LI) continued to rank first amongst China’s new carmakers with weekly gross sales of 8,500 items, the corporate stated right this moment on Weibo.
As earlier than, Li Auto did not clarify the premise for calculating the weekly gross sales, however apparently, they had been insurance coverage registrations. The corporate suspended sharing this information in Could 2023, however has since resumed sharing it.
Main automakers are anticipated to report their deliveries or gross sales figures for January on Thursday, February 1, and right this moment’s weekly insurance coverage registrations would be the final earlier than that.
Li Auto’s insurance coverage registrations final week had been up 11.84 p.c from the earlier week’s 7,600 items and proceed to outpace the Huawei-backed Aito’s 8,000 items.
Aito had increased insurance coverage registrations than Li Auto for the primary two weeks of January, however the latter regained the lead over Aito for the week of January 15-21.
For January 1-28, Li Auto had 27,100 insurance coverage registrations.
Li Auto delivered a file 50,353 automobiles in December, marking the primary time month-to-month deliveries exceeded the 50,000-unit mark.
Nio (NYSE: NIO) had 3,300 insured registrations in China final week, up 73.68 p.c from 1,900 within the earlier week.
For January 1-28, Nio had that quantity at 9,900 items.
Nio delivered 18,012 automobiles in December, the third highest on file, behind July’s 20,462 and August’s 19,329, in keeping with figures it introduced on January 1.
The corporate introduced on January 17 that it could start deliveries of the 2024 fashions in early March and start providing reductions on present fashions.
Xpeng (NYSE: XPEV) was 2,200 final week, up 22.22 p.c from 1,800 automobiles the week earlier than.
For January 1-28, Xpeng had that determine at 6,800 items.
Xpeng delivered 20,115 automobiles in December, the third consecutive month over the 20,000-unit mark, in keeping with figures it introduced on January 1.
Xpeng introduced on January 26 that it launched an improve challenge at its Zhaoqing plant in Guangdong province, for which it plans to speculate greater than RMB 100 million ($13.9 million), involving manufacturing strains and logistics gear within the stamping, welding, portray, and common meeting workshops.
The work will final about 20 days, with all modifications anticipated to be accomplished by February 9, and general manufacturing line commissioning to be accomplished by the tip of February.
The improve is geared toward making ready for the manufacturing of a brand new mannequin and boosting the plant’s capability, Xpeng stated. The corporate has one other plant in Guangzhou, Guangdong province, the place it’s headquartered.
As well as, Xpeng introduced on January 23 that clients who buy the P7i Wing Version between January 24 and February 29 will obtain a reduction of RMB 50,000 off.
The P7i Wing Version is the very best priced model of the P7i sedan with a beginning value of RMB 339,900, which is lowered to RMB 289,900 after this supply.
Tesla (NASDAQ: TSLA) automobiles had 12,800 insurance coverage registrations in China final week, up 9.40 p.c from 11,700 the week earlier than.
For January 1-28, Tesla had that quantity at 35,200 automobiles.
Tesla bought 94,139 China-made automobiles in December, together with 75,805 delivered in China and 18,334 exported from its Shanghai plant, in keeping with the China Passenger Automobile Affiliation (CPCA).
Tesla started the Cybertruck’s tour of China on January 28 with debuts within the first eight cities. The electrical pickup is probably not obtainable in China anytime quickly, however has introduced Tesla a major enhance in retailer visits.
Listed here are a number of photos Tesla shared on Weibo on January 28 in regards to the massive variety of guests the Cybertruck has attracted.
As well as, native media outlet Dongchedi reported on January 28 that the brand new Tesla Mannequin 3 Efficiency is predicted to go on sale in China within the second quarter, and that it’ll possible be priced near RMB 400,000 yuan.
Tesla started gross sales of the brand new Mannequin 3, or Highland model, in October 2023 with solely an entry and a long-range model obtainable in China.
BYD (OTCMKTS: BYDDF) had 43,300 insurance coverage registrations in China final week, up 7.18 p.c from 40,400 within the earlier week.
For January 1-28, BYD had that determine at 168,500 items.
BYD bought 341,043 NEVs in December, together with 340,178 passenger NEVs, and 865 business NEVs, in keeping with figures it introduced on January 1.
BYD’s earnings preview launched yesterday confirmed a robust 2023, however implied a drop in fourth-quarter web revenue from the third quarter.
BYD’s premium model Denza was at 2,300 items final week, up 15 p.c from 2,000 items within the earlier week.
Denza bought 11,929 items in December, together with 10,492 D9 MPVs, 1,035 N7 SUVs, and 402 N8 SUVs.
For the January 1-28 interval, Denza was at 7,400 items.
Zeekr was at 3,100 items final week, up 10.71 p.c from 2,800 items the week earlier than.
For the January 1-28 interval, Zeekr was 10,500 items.
Leapmotor was at 2,700 items final week, unchanged from the earlier week.
In the course of the January 1-28 interval, Leapmotor was at 10,800 items.
Leapmotor delivered 18,618 automobiles in December, a brand new all-time file, in keeping with its January 1 launch.
Neta was at 1,700 automobiles final week, up 13.33 p.c from 1,500 the week earlier than.
In the course of the January 1-28 interval, Neta was at 5,000 items.
Neta delivered 5,135 automobiles in December, down 34.12 p.c year-on-year and 58.94 p.c from November.