Onvo 2,300, Nio 3,000, Tesla 5,500, BYD 36,500

In the first week of 2025, China EV market was down. Nio registrations decreased by 54%, Xiaomi by 31%, Tesla by 70%, and BYD by 50% compared to the week before.

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In 2024, Nio cumulative registrations in China reached 205,300 EVs, Xiaomi 136,800, Tesla 659,400, and BYD 3,492,900 units.

Week 1 (W1) of 2025 is marked as the first week of 2025 between December 30 and January 5. Week 1 of 2024, used for a year-on-year comparison, was between January 1 and January 7.

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The weekly sales are published by Li Auto, and despite Li’s not explicitly saying it, they are based on insurance registration data. The numbers are rounded and present new energy vehicles (NEV) sales, the Chinese term for BEVs, PHEVs, and EREVs (range extenders). To be completely precise, it also includes hydrogen vehicles (FCEVs), but their sales are almost non-existent in China. Onvo registrations are not published by Li Auto but come from China EV DataTracker.

Keep in mind that insurance registration and sales/deliveries are different datasets. Insurance registration is reported by regulator-related automotive associations, while sales are mostly self-reported by automakers and might include show cars and other instruments.

BYD secured the top position with 36,500 insurance registrations in China, down 49.4% from 72,100 units the week before and 17.8% lower than 44,400 units in the same week the previous year.

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In 2024, cumulative registrations reached 3,492,900 units in China.

Globally, BYD sold 4,250,370 passenger vehicles last year, up 41.1% from 2023.

Volkswagen-backed Xpeng registered 7,000 vehicles, a 30.7% decline from 10,100 units the week before but a significant increase from 1,400 units in the same week last year, reflecting 400.0% growth year-over-year.

In 2024, cumulative registrations reached 171,100 units.

Globally, Xpeng sold 190,068 passenger vehicles last year, up 34.2% from 2023.

Li Auto recorded 6,700 registrations, a 50.0% drop from 13,400 units the previous week but up 55.8% from 4,300 units in the same period last year.

In 2024, cumulative registrations reached 504,500 units.

In total, Li Auto sold 500,508 passenger vehicles last year, up 33.1% from 2023.

Geely achieved 6,400 registrations, a 38.5% decline from 10,400 units the week before. Year-over-year data is unavailable for this week.

In 2024, cumulative registrations reached 247,300 units.

Huawei’s Aito reported 6,100 registrations, down 25.6% from 8,200 units the previous week but slightly higher than 5,900 units in the same period last year, marking a 3.4% year-over-year increase.

In 2024, cumulative registrations reached 386,300 units.

Tesla registered 5,500 vehicles, a significant 70.4% decline from 18,600 units the week before but up 71.9% from 3,200 units in the same week last year.

In 2024, cumulative registrations reached 659,400.

Tesla sold 657,175 EVs in China in 2024.

Wuling recorded 5,500 registrations, a sharp 68.6% decline from 17,500 units the previous week and down 46.1% from 10,200 units in the same week last year.

In 2024, cumulative registrations reached 641,600 units.

Geely’s Zeekr achieved 5,000 registrations, a 43.8% drop from 8,900 units the previous week but up 108.3% from 2,400 units in the same week last year.

In 2024, cumulative registrations reached 212,000 units.

Globally, Zeekr sold 222,123 passenger vehicles last year, up 87.3% from 2023.

Xiaomi reported 4,600 registrations, a 31.3% decline from 6,700 units the week before.

In 2024, cumulative registrations reached 136,800 units.

Xiaomi reported 135,000 sold EVs in 2024.

Stellantis-backed Leapmotor recorded 4,300 registrations, a 53.3% drop from 9,200 units the previous week but an increase of 53.6% from 2,800 units in the same week last year.

In 2024, cumulative registrations reached 271,900 units.

Luxeed registered 4,000 vehicles, a 9.1% decrease from 4,400 units the previous week.

Deepal achieved 3,600 registrations, a 49.3% decline from 7,100 units the week before but slightly higher than 3,400 units in the same week last year, reflecting a 5.9% year-over-year growth.

In 2024, cumulative registrations reached 187,700 units.

Nio recorded 3,000 registrations, down 53.8% from 6,500 units the week before and equal to 3,000 units in the same week last year.

In 2024, cumulative registrations reached 205,300 units.

Nio’s brand Onvo registered 2,300 vehicles, a 45.2% drop from 4,200 units the previous week.

Globally, Nio Group sold 221,970 passenger vehicles last year, up 38.7% from 2023. Out of it, 20,761 were from the Onvo brand.

BYD’s brand Denza achieved 2,800 registrations. There is no data for the previous week, but this marks a 75.0% increase from 1,600 units in the same week last year.

In 2024, cumulative registrations reached 106,600 units.