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CnEVPost Newsletter: ​China NEV sales; ​Nio Oct deliveries breakdown

Published 13 days ago • 1 min read

CnEVPost Newsletter: Daily Recap

Nov 11, 2024

​China NEV sales rise to new record of 1.43 million in Oct, CAAM data show​

Domestic NEV sales stood at 1.3 million units in October, marking the second consecutive month of record highs.

​Automakers' share of China NEV market in Oct: BYD tops with 36.1%, Tesla 7th with 3.4%​

In the January-October period, BYD was No. 1 in the NEV market with a 34.8 percent share, while Tesla was No. 3 with a 6.0 percent share.

​Nio Oct deliveries breakdown: ES6 at 6,471, ET5 Touring 4,306​

The ES6 remains the largest contributor to Nio Inc's sales until Onvo L60 capacity is significantly ramped up.

​Nio wins lawsuit against blogger in reputation infringement case​

A blogger posted thousands of pieces of content that insulted and defamed the Nio brand and its users over a period of more than a year.

​Xpeng begins volume deliveries of P7+​

Xpeng has learned from its previous experience and is hoping to capitalize on early orders for the P7+ with a more streamlined choice of variants and faster deliveries.

​Leapmotor sees strong revenue growth, record gross margin in Q3​

Leapmotor said it expects to exceed its full-year sales target of 250,000 units this year, with gross margin lifting further and net losses narrowing in the fourth quarter.

​Zeekr 7X SUV delivers over 20,000 units after 50 days on market​

The Zeekr 7X delivered 11,643 units in October, contributing 46.48 percent of Zeekr's monthly deliveries.

​China EV battery installations in Oct: CATL share at 42.78%, BYD 26.73%​

In October, China's power battery installations amounted to 59.2 GWh, up 51 percent year-on-year and up 8.6 percent from September.

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