Inicio Tesla China EV sales for week ending Apr 14: Nio 2,510, Tesla 6,230,...

China EV sales for week ending Apr 14: Nio 2,510, Tesla 6,230, BYD 53,130

China EV sales for week ending Apr 14: Nio 2,510, Tesla 6,230, BYD 53,130

was at 2,380 last week, at 1,580, at 7,120 and at 2,670.

Major EV companies saw a rise in sales in China last week, as the Tomb Sweeping Day holiday passed.

For the week of April 8-14, (NYSE: NIO) vehicles sold 2,510 units in China, up 18.96 percent from 2,110 the week before, according to Deutsche Bank’s China passenger car weekly sales monitor.

Weekly sales are measured by insurance registrations, and for the past year Li Auto (NASDAQ: LI) would publish those numbers every Tuesday, but it has stopped doing that.

April 4-6 was the Tomb Sweeping Day, or Qingming Festival, in China this year, which may have created a disruption to car insurance registrations. April 7 was a workday, albeit a Sunday.

Nio delivered 11,866 vehicles in March, up 45.92 percent from 8,132 in February and up 14.34 percent from 10,378 a year earlier, according to data it released April 1.

The company announced yesterday that the 2024 ET7 will go on sale on April 25, the first day of the Beijing auto show, with reservations beginning today. It’s other seven 2024 models have been taking customer orders since the end of February.

(NASDAQ: TSLA) sold 6,230 units in China last week, up 231.38 percent from 1,880 units the week before.

Tesla has a factory in Shanghai that produces the Model 3 and Model Y, and not only delivers to local consumers, but is also an export hub for it.

The US EV maker’s CEO, Elon Musk, told employees in an internal memo Monday that Tesla will lay off more than 10 percent of its global workforce in response to declining sales and an intensifying EV price war.

Tesla’s global layoff plan is affecting employees in China, including the sales team, Reuters said in a report today, citing two people familiar with the matter.

In March, Tesla sold 62,398 vehicles in China, up 107.02 percent from 30,141 in February, though down 18.61 percent from 76,663 a year earlier.

Its Shanghai plant exported 26,666 units in March, down 11.77 percent from 30,224 units in February while up 118.47 percent from 12,206 units a year earlier.

(HKG: 1211, OTCMKTS: BYDDY) sold 53,130 units in China last week, up 14.88 percent from 46,250 units the week before.

BYD sold 302,459 NEVs in March, the second highest ever behind last December’s 341,043, according to figures it announced on April 1. That’s up 147.29 percent from 122,311 in February and up 46.06 percent from 207,080 in the same month last year.

Internal sales target for BYD-branded vehicles are set at 3.3 million units in 2024, excluding overseas markets, according to an April 1 story in local media outlet LatePost.

BYD Group currently owns brands including BYD, Denza, Yangwang and Fang Cheng Bao, with BYD-branded passenger cars including the Dynasty and Ocean series.

Denza sold 2,200 vehicles last week, up 74.6 percent from 1,260 units the previous week.

Xpeng (NYSE: XPEV) saw sales of 1,580 vehicles last week, up 29.51 percent from 1,220 in the previous week.

The company delivered 9,026 vehicles in March, up 98.6 percent from 4,545 in February and up 28.91 percent from 7,002 a year ago.

Xpeng signed a deal with Malaysia’s Sime Darby Group on April 9 at its headquarters in Guangzhou, Guangdong province, authorizing the latter to be Xpeng’s official dealer for the Hong Kong market.

Li Auto (NASDAQ: LI) sold 7,120 units last week, up 27.83 percent from 5,570 units the week before.

Until the end of March, Li Auto continued to share weekly sales figures every Tuesday for several months to demonstrate its leadership among new EV makers.

But the company stopped sharing those numbers after its first battery electric vehicle (BEV), the Li Mega MPV (Multi-Purpose Vehicle), saw poor initial acceptance.

Li Auto delivered 28,984 vehicles in March, up 43.12 percent from 20,251 in February and 39.19 percent from 20,823 a year earlier.

Xiaomi (HKG: 1810, OTCMKTS: XIACY) had sales of 2,380 vehicles last week, measured by insurance registrations, up 120.37 percent from 1,080 in the previous week.

Xiaomi officially launched the SU7 on March 28 and said the model received 88,898 firm orders in the first 24 hours.

Deliveries of the SU7’s limited Founders Edition began on April 3, and Xiaomi founder, chairman and CEO Lei Jun said at the time that the model had garnered more than 100,000 firm orders and more than 40,000 locked-in orders.

The limited 5,000-unit Founders Edition vehicles are already produced, and customers cannot customize the configuration. Deliveries of customized vehicles will begin at the end of April for the standard and Max editions, and at the end of May for the Pro edition.

Aito, ‘s joint car brand with Seres Group, sold 4,830 units last week, up 16.67 percent from 4,140 the week before.

Zeekr sold 2,670 units last week, down 17.08 percent from 3,220 units the previous week.

Leapmotor was at 3,910 units last week, up 22.96 percent from 3,180 the week before.

Nio to start delivering 2024 ET7 on Apr 30, reservations open today