July Chinese New Energy Vehicle Sales Review: Great Explosion

Data source: Official data of car companies, By EV_dig

On August 1st, various new energy manufacturers announced their delivery data for July. Overall, China's new energy vehicles are experiencing a major explosion.

Among them, the monthly sales of $Li Auto(LI)$ passed the 30000 mark again, reaching 34134 vehicles, up 227.5% year on year, leading the new force of car production.

The sales of $NIO Inc.(NIO)$ in July were 20462 units, a year-on-year increase of 103.6%. Among them, the new ES6 model achieved a historic breakthrough in monthly sales of over 10000 units.

This transcript of $NIO Inc.(NIO)$ has set a historical record, and its stock price has also been reflected in advance. The main reason is that $NIO Inc.(NIO)$ has made comprehensive rectification after continuous low sales, especially abandoning the binding of battery swapping rights and vehicle sales, significantly reducing the price, expanding the user base, and adding new model technology updates to win the favor of users.

The last car making new force that narrowly escaped the system adjustment was $XPeng Inc.(XPEV)$ . In July this year, the delivery of 11008 vehicles reached 6 consecutive ring growth, basically overcoming the dangerous situation of continuous decline in sales last year.

In July, 3900 units of the new model G6 were delivered, which is expected to become $XPeng Inc.(XPEV)$ 's first popular model.

AION's sales in July reached 45025 vehicles, an 80% year-on-year increase, but the ring growth of 45013 vehicles remained basically unchanged, with few highlights.

LEAPMOTOR delivered 14335 vehicles in July, setting a new record high.

SERES, supported by Huawei, delivered 4240 vehicles in July, a year-on-year decrease of 46%, and sales remain sluggish.