On April 19, 2024, a store in Shanghai, China displayed the newly released Leo L6 new energy vehicle.
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Beijing—China New Energy Vehicle Corporation ideal car announced on thursday Record number of cars delivered In July, it was driven by sales of its new low-cost Li L6 SUV.
Most new models and Li Auto’s cars are equipped with fuel tanks to extend the battery’s driving range. The strong deliveries reflect continued concerns among Chinese consumers about driving solely on batteries.
U.S.-listed Li Auto said it delivered 51,000 vehicles in July, surpassing the 50,000 mark for the first time since December and setting a record for the company. The automaker said monthly deliveries of the Li L6, launched in April, have exceeded 20,000 units.
The SUV is the company’s cheapest model, with a starting price of 249,000 yuan ($34,373), and Tesla’Model Y in China. Li Auto’s other models are priced at more than 300,000 yuan.
Tesla only sells pure electric vehicles and does not break out monthly deliveries by country. China Passenger Car Association says Tesla has been sold in China Car ownership in June was 59,261.
Niohalso only sells purely battery-powered cars, 20,498 vehicles delivered in JulyDeliveries remained above 20,000 vehicles for the third consecutive month, following February’s delivery figures of just 8,132 vehicles.
Other major battery-only carmakers reported lower monthly figures.
Owned by Geely Zekel report Delivery volume in July was 15,655 vehiclesalthough Xpeng Motors 11,145 vehicles delivered last month.
Smartphone and home appliance companies Millet It said only that deliveries of the SU7 electric sedan exceeded 10,000 units in July, the same as in June, and it expects to maintain this pace in August. The company announced two weeks ago that it expected to deliver 100,000 vehicles by November, a month earlier than previously announced.
BYD sees hybrid sales dominating
Major automakers selling battery-only and hybrid vehicles generally delivered more vehicles.
Industry giant BYD announced that its passenger car sales in July totaled 340,000 units, of which more than 60% were plug-in hybrid vehicles. Sales of hybrid vehicles also increased by 44% compared with the same period last year, while sales of pure battery vehicles were slightly less than 14%.
This is in stark contrast to total sales figures for 2023, in which pure electric vehicles are growing faster than hybrids and account for just over half of BYD’s passenger car sales.
Aito, a brand jointly developed by Huawei, delivered 41,535 vehicles in July, down from 42,780 in June.
The technology company is focused on selling automotive software, not building cars. A July filing showed Huawei was selling Aito trademarks and patents to carmaker Seres for 2.5 billion yuan.
—CNBC’s Sonia Heng contributed to this report.
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