China Jan NEV wholesale at 900,000, down 40% from Dec, CPCA estimates show

CnEVPost02-07 19:03

In January, China's wholesale sales of passenger NEVs were estimated at 900,000 units, up 31 percent from a year earlier but down 40 percent from December. The Chinese New Year holiday, and the fact ...

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Their exact numbers are expected to be announced later this month.\nChinese New Year 2025 fell on January 29, leading to a weak sales performance in January, the CPCA said.\nIn addition, many consumers completed their pre-Chinese New Year car-buying plans early in December, one of the factors that contributed to the weak January car market, according to the CPCA.\nAmong major carmakers, BYD (HKG: 1211, OTCMKTS: BYDDY) had wholesale passenger car sales of 296,446 units in January, Geely 121,071, Changan Automobile 65,856, Tesla (NASDAQ: TSLA) 63,238, and Chery 54,960 units.\nBYD released figures earlier this month showing it sold 300,538 NEVs in January, including 296,446 passenger NEVs, and 4,092 commercial NEVs.\nAmong other EV makers, Nio (NYSE: NIO) delivered 13,863 vehicles in January, up 37.87 percent from 10,055 a year earlier, but down 55.48 percent from 31,138 in December, according to data it announced on February 1.\nLi Auto (NASDAQ: LI) delivered 29,927 vehicles in January, down 3.97 percent from 31,165 a year ago and down 48.85 percent from 58,513 in December.\nXpeng (NYSE: XPEV) delivered 30,350 vehicles in January, up 267.88 percent from 8,250 a year ago, but down 17.29 percent from 36,695 in December.\nChina EV insurance registrations for 2 weeks ending Feb 2: Nio 3,300, Tesla 13,400, BYD 68,100\n\n\n\nFollow us by email: \n\n\n\n\n\n    Get Newsletter\n  \n\n\n\n\n\nRelated posts on CnEVPost\n\n\n\n\n \n\n\nDongfeng Voyah's Zhiyin SUV reportedly to be 1st model to feature DeepSeek\n\n\n\n\n\n \n\n\nChinese property giant Greenland launches unit dedicated to exporting NEVs\n\n\n\n\n\n \n\n\nIM Motors offers limited-time $4,130 discount on L6 electric sedan\n\n\n\n\n\n \n\n\nToyota to follow Tesla's step in building wholly-owned plant in Shanghai to produce Lexus EVs\n\n\n\n\nShare this post:XFacebookTelegramReddit\">RedditLinkedInPocketEmailWhatsAppPrintThreads","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2509111667"}