CnEVPost Newsletter: China EV deliveries
Nio delivered 50,045 vehicles in the fourth quarter, exceeding the upper end of its previous guidance range of 47,000 to 49,000 vehicles.
Owners of vehicles with purchase invoice dates on or after January 1, 2024 will only be eligible to buy out the battery packs after one year.
Xpeng delivered a record 60,158 vehicles in the fourth quarter, falling within its previous guidance range of 59,500 to 63,500 vehicles.
The X9 starts at RMB 359,800, which is RMB 28,200 lower than the pre-sale price, and Xpeng said the MPV is a high-value family vehicle in the RMB 350,000 class.
Li Auto delivered a record 131,805 vehicles in the fourth quarter, above the upper end of its previous guidance range of 125,000 to 128,000 vehicles.
Li Auto delivered a record 50,353 vehicles in December and 376,030 for the full year 2023.
Li Auto had planned to launch the Li Mega in December and begin its deliveries in late February.
BYD sold 3,012,906 passenger NEVs in 2023, including 1,574,822 BEVs, 1,438,084 PHEVs.
The Yangwang brand delivered 1,593 vehicles and Fang Cheng Bao 5,086 vehicles in December.
Customers who buy the Frigate 07 between January 1 and January 31 will get a discount of RMB 18,000, which is up to RMB 7,000 for the Seal series.
Customers who ordered a rear-wheel-drive version of the Model 3 that had already been produced between January 1 and January 31 will receive an insurance subsidy of RMB 6,000 yuan. The amount is lower than last month's RMB 8,000.
For the full year 2023, Zeekr delivered 118,685 vehicles, a 64.98 percent increase year-on-year.
Leapmotor will showcase its in-house developed technologies at an event on January 10, when pre-sales of its first global model, the C10, will begin.
Aito said it is ramping up delivery capacity, which is expected to top 30,000 vehicles in a single month beginning in 2024, as it secures more than 120,000 firm orders for the new M7.
Volkswagen Anhui has started production of the Cupra Tavascan for export to Europe, and another Volkswagen-branded model for the Chinese market will roll off the production line in 2024.
Simply put, consumers who buy NEVs with an invoice amount exceeding RMB 339,000 are required to pay purchase tax. Models that support battery swap get preferential treatment.
Thanks for reading CnEVPost Newsletter! Subscribe for free to receive new posts and support my work.