On May 11th, the China Association of Automobile Manufacturers (CAAM) announced the sales of new energy passenger vehicles in April, which are as follows:
-
SGMW sold 30,602 units.
-
Tesla China sold 25,845 units.
-
BYD sold 25,450 units.
-
SAIC Passenger Vehicle sold 13,004 units.
According to insiders of the CAAM, Tesla’s sales in April of 25,845 units include 14,174 units exported to Europe and Asia-Pacific regions. In fact, Tesla only sold 11,671 units domestically in April, a decrease of 67% from March’s sales of 35,478 units. This was officially explained to be due to the production line upgrade and suspension of Model Y for about two weeks in April.
It is worth mentioning that the retail penetration rate of new energy vehicles in China was 10.1% in April, and 9.0% from January to April, which is a significant increase from the 5.8% in 2020.
In April, the penetration rate of new energy vehicles among independent brands was 22.7%, while it was 7.1% among luxury brands and only 1.5% among mainstream joint venture brands.
Also, a few more figures: SAIC’s new energy vehicles reached an export of 2,378 units, Aiways exported 335 units, and we are expecting to see NIO’s export sales in September this year.
Finally, here is our official website’s sales data for new energy vehicles, which provides specific sales information for different models.
🔗 Source of information: China Passenger Car Association
This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.