Zhitong
2024.08.01 12:58
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The July delivery list of new energy vehicles is out! Li Auto's monthly delivery volume hits a record high

Li Auto delivered 51,000 new vehicles in July, setting a new historical high with a year-on-year increase of 49.4%. Its cumulative delivery volume reached 873,345 vehicles, ranking first in the total delivery volume of new energy brands in China. XPeng delivered 11,145 new vehicles in July, with a 1% year-on-year increase and a 4% month-on-month increase. Nio delivered 20,500 vehicles in July, with a cumulative delivery volume of 557,500 vehicles. Saleen New Energy Vehicles sold 42,176 vehicles in July, a year-on-year increase of 508.25%

According to the Financial Channel APP, on August 1st, Li Auto (02015), XPeng Motors-W (09868), Nio (09866), ZEEKR (ZK.US), and SAIC-GM-Wuling (601127.SH) released their July performance reports. Among them, Li Auto delivered 51,000 new cars in July, setting a new record for monthly deliveries with a year-on-year increase of 49.4%. From January to July 2024, a total of 239,981 vehicles were delivered. As of July 31, 2024, Li Auto has delivered a total of 873,345 vehicles, ranking first in total deliveries among Chinese new energy vehicle brands.

Li Auto's Chairman and CEO, Li Xiang, stated that the Li ONE continued its strong performance, with monthly deliveries exceeding 20,000 units, becoming a popular product in the price range of 200,000 to 300,000 RMB. OTA 6.0 and OTA 6.1 versions of the vehicle system were pushed in July, with major upgrades for the Li ONE series and Li ONE MEGA, showcasing comprehensive evolution in product capabilities for intelligent driving, intelligent space, and intelligent electric power.

In July 2024, XPeng Motors delivered a total of 11,145 new vehicles, a year-on-year increase of 1% and a month-on-month increase of 4%. Among them, the XPeng P7 "Nine Crown King" delivered 1,459 units, with a total of 14,602 units delivered in the first 7 months since its launch, leading the market for pure electric MPVs and pure electric three-row seat models. From January to July 2024, XPeng Motors delivered a total of 63,173 new vehicles, a 20% year-on-year increase.

On August 1st, Nio announced that it delivered 20,500 vehicles in July 2024. The deliveries included 12,000 high-end intelligent electric SUVs and 8,534 high-end intelligent electric sedans. As of July 31, 2024, Nio's cumulative delivery volume reached 557,500 vehicles.

On August 1st, SAIC-GM-Wuling released its July production and sales report. The data showed that SAIC-GM-Wuling's new energy vehicles sold 42,176 units in July, a year-on-year increase of 508.25%. From January to July this year, SAIC-GM-Wuling's cumulative sales of new energy vehicles reached 243,125 units, a year-on-year increase of 369.95%. Recently, SAIC-GM-Wuling announced that the 400,000th Aito Voyah and the 70,000th M9 were delivered, making Aito Voyah the fastest brand to reach 400,000 new energy vehicles.

It is worth mentioning that Aito Voyah will release new products this month. Recently, there has been information about the upcoming launch events for the M9 and M7, expected to take place during the Chengdu Auto Show. It is rumored that the M7 and the five-seater version of the M9, equipped with Huawei's visual intelligent driving solution, will be launched. By expanding the product line and lowering the entry barrier, this move is expected to significantly boost sales.

On the same day, according to ZEEKR's official WeChat account, ZEEKR delivered 15,655 vehicles in July, a 30% year-on-year increase. From January to July, a total of 103,525 vehicles were delivered, an 89% year-on-year increase. The newly launched ZEEKR 009 exceeded 6,000 units in sales within 10 days, with the ZEEKR brand surpassing 300,000 cumulative deliveries. Additionally, following the industry practice, ZEEKR is utilizing the summer high-temperature equipment maintenance period to carry out a production line upgrade lasting about three weeks (from late July to mid-August) to meet the continuous growth in new products and orders. This upgrade aims to prepare in advance for the capacity demand of delivering 30,000 units in a single month in the fourth quarter of this year China's new energy vehicle production and sales have ranked first globally for nine consecutive years, showing a good trend of both scale and quality improvement. According to the China Association of Automobile Manufacturers, the main economic indicators of the automotive industry have shown a growth trend this year. In the first half of the year, domestic car sales saw a slight year-on-year increase, with terminal inventories higher than normal levels. Chinese brand passenger car market share exceeded 60%, achieving an upward breakthrough, while the market share of new energy vehicles steadily increased. Car exports maintained rapid growth, making a significant contribution to driving overall market growth.

The China Passenger Car Association stated that with the implementation of policies promoting car replacements and luxury brands declaring an end to price wars, consumers' wait-and-see attitude has begun to ease. With the gradual release of previously suppressed demand and the combined effect of high-intensity terminal discounts and other short-term factors, the July auto market is expected to experience a slight seasonal decline. The year-on-year decline in terminal sales volume is expected to narrow, showing a trend of "not being slow in the off-season." The narrow passenger car retail market in July is estimated to be around 1.73 million units, a year-on-year decrease of 2.2% compared to last year and a month-on-month decrease of 2.0%; the retail of new energy vehicles is expected to be around 860,000 units, flat compared to the previous month, a year-on-year increase of 34.1%, with the penetration rate expected to rise to 49.7%.

Looking ahead, Cui Dongshu, Secretary-General of the China Passenger Car Association, believes that after the price war in the first half of the year, car companies are expected to optimize market expectations, product structure, and listing pace, and the market may enter a period of accumulation in the next one or two months. Chen Shihua, Deputy Secretary-General of the China Association of Automobile Manufacturers, believes that consumer confidence and market conditions need to continue to be boosted and improved to support the stable operation of the automotive industry