Tesla is losing the Chinese market: BYD is selling five times more good. Li Auto publishes weekly domestic sales statistics based on registration data from insurance companies. In the thirtieth week (W30, from July 22 to 28), China's NEV category (includes pure electric vehicles, plug-in PHEVs and series EREV hybrids) was dominated by BYD with a result of 70,600 units. Tesla is second, but far behind with 13,500 units.
At the end of July, sales of all Chinese brands of "electric vehicles" are increasing except for Leapmotor and Deepal supported by Stellantis. In terms of relative growth, Xiaomi is in the lead (+160%), but in absolute numbers, 3,900 cars were sold per week, which corresponds to 10th place. The Volkswagen is ninth (4,300), the Leapmotor is eighth (4,700), the Nio is seventh (5,400) and the GAC Aion is sixth (7,200). Zeekr is only eleventh.
The top 5 includes the giants: the budget brand Wuling closes the list (9,900), AITO (10,500) is in fourth place, and the top three are occupied by Li Auto (12,800), Tesla (13,500) and BYD (70 600). It is not difficult to calculate that BYD alone takes more than a third of the NEV market (213 thousand units in week 30), leaving competitors to fight for second place. Compared to last year, the share of electrified vehicles increased by 35%, while the share of fuel-only models decreased by 24%.
Statistics published by Li Auto do not take into account light commercial vehicles and hydrogen vehicles. A total of 446,000 passenger cars were sold in China in the last week of July, which is 4% less than last year.