laitimes

A picture of the flow of | Tesla China sold 70,847 units in December, +197% year-on-year

On January 11, according to the data of the Association of Passenger Vehicles, the retail sales of the passenger car market in December 2021 reached 2.105 million units, a year-on-year -7.9%, and the retail sales from January to December 2021 totaled 20.146 million units, +4.4% year-on-year.

In terms of new energy, retail sales of new energy passenger cars reached 475,000 units in December, +128.8% year-on-year and +25.4% month-on-month. From January to December, the retail sales of new energy vehicles were 2.989 million units, +169.1% year-on-year.

In terms of penetration rate, the domestic retail penetration rate of new energy vehicles in December was 22.6%, and the penetration rate from January to December was 14.8%, which was significantly higher than the penetration rate of 5.8% in 2020.

In terms of car companies, in December, the new energy passenger car market diversified, with sales exceeding 10,000 companies, including: BYD 93,338, Tesla China 70,847, Shangtong Wuling 60,372, Great Wall 20,926, Chery 20,501, Geely 16,831, Xiaopeng 16,000, SAIC Passenger Car 14,868, GAC Aegan 14,500, Ideal 14,087, FAW-Volkswagen 11,213, Weilai 10,489, Changan Automobile has 10,404 vehicles and United 10,127 vehicles.

A picture of the flow of | Tesla China sold 70,847 units in December, +197% year-on-year
A picture of the flow of | Tesla China sold 70,847 units in December, +197% year-on-year

Edit/gary

Risk Warning: The views of the authors or guests shown above have their own specific positions, and investment decisions need to be based on independent thinking. Futu will endeavour, but cannot guarantee, the accuracy and reliability of the above and will not be liable for any loss or damage arising from any inaccuracies or omissions.

Read on