China auto dealer inventory factor at 1.74 in Feb, above alert line
China automobile dealers' inventory factor stood at 1.74 in February, the first time since November 2023 that it was back above the 1.50 alert line.
Tesla Shanghai plant exports in Feb: 30,224
In January-February, Giga Shanghai exported 61,790 vehicles, down 22.46 percent year-on-year.
Tesla sales in China in Feb: 30,141
Tesla sold 70,022 vehicles in China in January-February, up 15.23 percent year-on-year.
China Feb NEV production data by CPCA: 426,000
China's February passenger NEV production was 426,000 units, a decrease of 17.76 percent year-on-year and down 42.28 percent from January.
China Feb NEV retail data by CPCA: 388,000
BEVs sold 221,000 units at retail in February, accounting for 57 percent of all NEV retail sales.
Data table: China NEV sales in Feb 1-29
China's passenger NEV retail sales for February 1-29 were 401,000 units, 9 percent lower than the same period last year and 41 percent lower than January, preliminary data released today by the CPCA showed.
Data table: China EV insurance registrations in Feb 26-Mar 3
Weekly insurance registrations for vehicles of Nio, Xpeng, Li Auto, Tesla, Zeekr, Neta, and Leapmotor are included in this article.
Tesla's China-made car sales in Feb: 60,365
That was down 18.87 percent year-on-year and 15.51 percent lower than January.
China vehicle inventory alert index rises to 64.1% in Feb
That was up 6 percentage points year-on-year and up 4.2 percentage points from January, implying that the automotive industry's inventory situation deteriorated from January.
Geely sales in Feb: 111,398
This includes 20,113 BEVs, 13,395 PHEVs.