China purchased 0.984 million New Energy Vehicles (+22.3% y/...

Spinee shared · Aug 13 05:13

China purchased 0.984 million New Energy Vehicles (+22.3% y/y) and sold 0.991 mln vehicles (+27% y/y) in July. Market Occupancy at 43.8% vs. 41.1%
Jan-Jul NEV production +28.8% y/y to 5.914 mln, sales +31.1% y/y to 5.934 mln. Occupancy at 36.4% vs 35.2%

Spinee: [microphone] China sold 0.1793 million cars domestically (down 13.3% from the previous month, down 10.1% year on year), and exported 0.469 million cars in July (down 3.2% month on month, up 19.6% year on year). [Microphone] 13.05 million vehicles were sold domestically from January to July...

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AnaiAnai : Important is how many percent EV sold by Nio? Not the total how many are being sold in China.

Nio 20 thousand units per month of the almost 1 mil units sold in China is just 2% market share only. Can Nio increase it to 3% in next Qtr
?

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