China NEV startups sales in the week of April 24-30: Li Auto 8100, Nio 2600, Xpeng 2500

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On May 5, Li Auto released the sales leaderboard for the last week of April (Apr 24-30). The sales data is derived from weekly insurance registration information in China and only includes New Energy Vehicle (NEV) startups. The figures are rounded.

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Li Auto sold 8,100 EREVs, which is a new weekly record and far ahead of the second place, which holds Neta, with 3,200 sold cars. Third place goes to Leap Motor, which sold 2,600 cars.

Fourth and fifth place goes to Denza and Zeekr, with 2,700 and 2,600 EVs, respectively. While Neta and Leap Motor sell mainly budget EVs, Denza and Zeekr sell high-end vehicles, and Denza has an average price of about 400,000 yuan (57,900 USD). Denza is jointly owned by BYD and Mercedes (90:10 share) and currently sells only one vehicle – an electric MPV D9. Li Auto doesn’t share the BYD BEV weekly data.

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The other two EV startups listed on the US exchange sold 2,600 EVs in Nio’s case and 2,500 EVs in Xpeng’s case.

In April, Nio delivered 6,658 EVs, down 35% from the previous month and nd 31% up YoY. Nio sales were affected by F1 and F2 plants retooling for the new ET7 and other NT2-based models. Li Auto delivered 25,681 vehicles in April, the monthly record and the third time it surpassed a 20k threshold.

Tesla sold 11,500 EVs in the last week of April, up from 10,300 the previous week.

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