NIO ES7 (Credit: Edison Acu)

Here are China’s sales figures from August 1 to 21st: BYD, Tesla, NIO, XPeng, and more

Written by Cláudio Afonso | info@claudio-afonso.com | LinkedIn | Twitter

According to CPCA data released on Wednesday, Warren Buffett-backed automaker BYD is leading the New Energy Vehicles sales (PHEV+ BEV) in China after the first three weeks of August with 97,091 electrified vehicles.

After the 13,869 units sold in the first weeks of the month (exports excluded), Tesla had a slower week from the 16th to the 21st day of August selling a total of 17,489 units so far.

Based on the sales pace from the first three weeks of August, NIO and XPeng will struggle to maintain the delivery numbers over 10,000 units. On Tuesday, XPeng announced its Q2 2022 earnings results while reporting a production guidance for the third quarter between 29,000 and 31,000 units, down from the 34,433 vehicles delivered in the second quarter.

In the third week of August, China sold 104,000 new energy vehicles, an increase of 112% year over year and up 9.20% from the second week of the month.

When it comes to pure EV models, the sales more than doubled year over year with 79,600 units (up from 73,000 in the previous week) while sales of ICE vehicles increased by 22.36% from the same period in 2021 and 14.5% week over week.

AutomakerUnits (August 1 – 21st)
1. BYD97,091
2. Tesla17,489*
3. GAC Aion14,578
4. Chery8,756
5. NIO6,140
6. XPeng6,031
7. Hozon Neta5,884
8. Sokon4,102
9. Leap Motor3,839
10. LI Auto2,760
* exports not included

In July, BYD sold 162,216 plug-in electric vehicles amounted representing a 224% increase year over year and a new monthly record after surpassing June’s record of 133,762 units. Of the 162,216 vehicles sold in July by the Chinese automaker, 80,991 were fully electric (BEVs).

BE THE FIRST ONE TO GET THE NEWS

After selling 6,700 in the first week and 7,169 units in the second one, the automaker Tesla sold 3,620 from August 16th to 21st in a time where it is reported that Shanghai, where the company has its GigaFactory, was forced to “close factories and ask residents to cut their power use”.

Last month, Tesla China delivered 28,217 vehicles of which 19,756 were exported. The result represents a decrease of 64% from June due to three shutdowns at Tesla’s GigaShanghai aiming to upgrade the production for the upcoming months.

AION, the Chinese EV maker of Guangzhou Automobile Corp (GAC) sold 9,127 units in China during the first half of the month and 5,451 in the thrid week bringing up the total to 14,578 vehicles.

The Anhui headquartered company Chery ranks fourth with 8,756 vehicles sold and is followed by NIO with with 6,041 vehicles sold and XPeng with 6,031 units ranking sixth on the list.

While BYD seems on pace to reach the second consecutive month selling over 150,000 plug-in hybrids and pure EVs, other automakers like Tesla, XPeng and NIO are underperforming when compared to the previous month of July. In July, NIO and XPeng delivered 10,052 and 11,524 respectively representing a decline between 22 and 25% month-over-month.

It is also relevant to mention that CPCA numbers are only regarding the sales in China not including Tesla’s exports. Last week, Elon Musk reiterated on Weibo that “Tesla makes cars for export in first half of quarter & for local market in second half” being expected an increase in China’s numbers in the last five/ six weeks of the quarter.

Written by Cláudio Afonso | info@claudio-afonso.com | LinkedIn | Twitter

BE THE FIRST ONE TO GET THE NEWS