Vehicle Promotion

China’s Auto Sales List in July: China’s Auto Price War Turns White-Hot? (Part III)

New Power Auto Brands:

Among the new power brands, Ceres, Zero, and Ideal all performed well in July. Thanks to the shortlisting of government procurement vehicles and the endorsement of mainstream media reports, Tesla still maintains its growth momentum, with both year-on-year and year-on-year increases.

1. Tesla

In July, Tesla’s Shanghai factory delivered 74,117 new vehicles, up 15 percent year-on-year and 4.4 percent sequentially.

2. Li

Leading Ideal (Li) delivered 51,000 new vehicles in July, a record high for monthly deliveries and an increase of 49.4% year-over-year.2024 Deliveries from January through July totaled 239,981 units. As of July 31, 2024, Li Cars has delivered a total of 873,345 units.

3. NIO

Nio delivered a total of 20,498 new vehicles in July, realizing three consecutive months of deliveries of more than 20,000 units, an increase of 0.17% year-on-year. From January to July this year, Nio delivered 107,924 new cars, up 43.85% year-on-year. Up to now, Nio Auto has delivered a total of 557,518 new cars.

4. Xpeng

Xpeng Motor delivered 11,145 new vehicles in July, up 1% year-on-year and 4% sequentially. Among them, 1,459 units of Xpeng X9 were delivered, with a cumulative total of 14,602 units delivered in the seven months since its launch, leading the market for pure-electric MPVs and pure-electric three-row seating models.2024 From January to July, Xpeng Motor’s cumulative total new vehicle deliveries amounted to 63,173 units, representing a year-on-year increase of 20%.

5. Leapmotor

In July, Leapmotor’s delivery volume broke 20,000 units again, reaching 22,093 units. Among them, Leapmotor C16 has broken 10,000 units in the first month of its launch, and has opened the national delivery. As of early July, Leapmotor has delivered more than 400,000 units.

On July 30, Leapmotor International has sent the first batch of Leapmotor C10 (panoramic view car) and T03 electric cars from Shanghai port to Europe. This is an important milestone in the partnership between Stellantis Group and Leapmotor and demonstrates their joint commitment to rapidly deliver sustainable mobility solutions and innovations to the European electric vehicle market. From the fourth quarter of 2024, Leapmotor International will also launch the C10 and T03 models in the Middle East and Africa, Asia-Pacific and South American markets.

6. Xiaomi

Xiaomi Auto delivered more than 10,000 units of Xiaomi SU7 in July, and the official said that deliveries will continue to break 10,000 units in August, and it is expected to complete the annual 100,000-unit delivery target ahead of schedule in November.

Since July, millet car had two consecutive weeks of delivery decline, the first week of July sales of 3,711 units, the second week of 2,239 units, the third week of 1,500 units, and the fourth week rebounded to 3,900 units. Subsequently, millet public relations department general manager Wang Hua responded that Millet car deliveries declined because of a new round of production line tuning maintenance in July, to further enhance production capacity to prepare, production line tuning and maintenance will not affect the July deliveries continue to break the target of ten thousand.

7. Neta

Vehicle Promotion

Neta Auto delivered a total of 11,015 units across its entire range in July. Previously, on July 25, Neta X was launched simultaneously in Kuala Lumpur, Malaysia and Bangkok, Thailand, with orders exceeding 1,000 units in 72 hours in Thailand. In the future, the new Neta X will be launched simultaneously at home and abroad on August 3rd. To date, Neta Auto has laid out 42 stores in Thailand.

Conclusion

July China car market overall steady progress, with the “price war” in the white-hot stage, voices are questioning the Chinese brands will only “China’s Auto Price War ”, but BYD and other brands have expressed their position, will gradually decentralize the smart driving to the USD 25,000 class models, so we are full of expectations for the future of mobility intelligent networking. However, BYD and other brands have been stating that they will gradually bring SmartDrive to the USD 25,000 class, which makes us look forward to the future of smart connectivity in mobility vehicles. At the same time, the dazzling sales of the Aito M9 have made everyone realize that domestic cars can also stand firm in the 500,000 yuan class market. Some traditional joint venture brands, on the other hand, are accelerating their transition to new energy, and when announcing sales figures, they will even indicate the proportion of hybrid models. Tesla, on the other hand, still has significant economies of scale and is even preparing to re-enter the insurance industry.


  At the end of August, the Chengdu Auto Show will debut several new cars, such as the BYD Seal 06 GT, the new BMW X3, the Geely Xingyue, etc., the second half of the domestic automobile market competition is bound to be even more intense, but for consumers, there are more choices to buy a car, naturally counted as a good thing.

Maybe you’d like to read:

  1. China’s Auto Sales List in July: China’s Auto Price War Turns White-Hot? (Part I)
  2. https://ichelabamotor.com/blog/chinas-auto-sales-list-in-july-chinas-auto-price-war-turns-white-hot-while-chery-sales-come-second/9774/ichelabamotor-com/
  3. China’s Auto Sales List in July: China’s Auto Price War Turns White-Hot? (Part II)
  4. https://ichelabamotor.com/blog/chinas-auto-sales-list-in-july-chinas-auto-price-war-turns-white-hot-part-ii/9793/ichelabamotor-com/

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