In the last week of June, between June 24 and 30, which is week 26 of the year (W26), China’s EV market slightly slowed down from firm growth from the week before but mainly stayed up.
Xiaomi sales were 3% down, and Tesla sales were 20% down from the previous week. On the other hand, BYD sales were up 13%, and Nio sales were 45% up.
The weekly sales are published by Li Auto, and despite Li’s not explicitly saying it, they are based on insurance registration data. The numbers are rounded and present new energy vehicles (NEV) sales, the Chinese term for BEVs, PHEVs, and EREVs (range extenders). To be completely precise, it also includes hydrogen vehicles (FCEVs), but their sales are almost non-existent in China.
BYD secured the top position with 75,800 insurance registrations, up 13.47% from 66,800 units the week before and 40.37% from 54,000 the previous year. The week 26 of the previous year, used for YoY comparison, was between June 26 and July 2.
The 75,800 insured vehicles are near BYD’s all-time high, which was last week of 2023 when the company registered 76,800 vehicles in a single week during an end-of-year sales push.
Between June 3 and June 30, BYD registered 252,600 vehicles in China. Yesterday, BYD reported selling 341,658 vehicles in June.
Tesla reported 14,100 insurance registrations, which is a decrease of 18.97% from 17,400 units the week before and 18.50% from 17,300 the previous year. Between June 3 and June 30, Tesla registered 55,200 vehicles in China.
Li Auto saw 13,000 insurance registrations, an increase of 11.11% from 11,700 units the week before and a 100.00% increase from 6,500 the previous year. Between June 3 and June 30, Li Auto registered 46,100 vehicles in China. In June, the company reported selling 47,774 vehicles.
Aito had 12,500 insurance registrations, up 16.82% from 10,700 units the week before. No year-over-year comparison is available, as sales were too low to get into the top 10 EV sellers last year. Between June 3 and June 30, Aito registered 41,400 vehicles in China.
GAC Aion reported 8,200 EV insurance registrations down 9.89% from 9,100 the week before. There was a decrease of 29.31% from 11,600 EVs the previous year. Between June 3 and June 30, GAC Aion registered 21,600 EVs in China.
Wuling had 7,600 EV insurance registrations, down 6.17% from 8,100 the week before and a 24.59% increase from 6,100 units the previous year. Between June 3 and June 30, Wuling registered 20,200 EVs in China.
Nio saw a record-breaking 6,800 insurance registrations, an increase of 44.68% from 4,700 units the week before and 65.85% from 4,100 the previous year. Between June 3 and June 30, Nio registered 18,400 vehicles in China. In June, company reported selling 21,209 vehicles.
6,800 insured vehicles in a single week is an all-time high for Nio, breaking the record of 6,700 units from week 22.
Deepal reported 4,900 insurance registrations, an increase of 32.43% from 3,700 units the week before. No year-over-year comparison is available. Between June 3 and June 30, Deepal registered 14,200 vehicles in China.
Leapmotor had 4,800 insurance registrations, up 14.29% from 4,200 units the week before and 45.45% from 3,300 the previous year. Between June 3 and June 30, Leapmotor registered 16,200 vehicles in China. In June, company reported selling 20,116 vehicles.
Zeekr saw 4,300 insurance registrations, a decrease of 4.44% from 4,500 units the week before but an increase of 38.71% from 3,100 the previous year. Between June 3 and June 30, Zeekr registered 17,100 vehicles in China. In June, company reported selling 20,106 vehicles.
Xiaomi reported 3,200 insurance registrations of their only model, SU7, a slight decrease of 3.03% from 3,300 units the week before. No year-over-year comparison is available as the company started deliveries three months ago, in April. Between June 3 and June 30, Xiaomi registered 11,100 vehicles in China. In June, the company reported deliveries of “over 10,000” units of SU7.
Xpeng had 3,100 insurance registrations, up 24.00% from 2,500 units the week before and 19.23% from 2,600 the previous year. Between June 3 and June 30, Xpeng registered 9,500 vehicles in China. In June, they reported selling 10,668 vehicles.
Denza saw 2,900 insurance registrations, an increase of 16.00% from 2,500 units the week before. No year-over-year comparison is available. Between June 3 and June 30, Denza registered 9,500 vehicles in China.
