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2d ago

China's EV Sales See Post-Holiday Dip, XPeng and Tesla Lead April Results

Weekly sales for major EV brands in China declined due to seasonal factors, while April data highlighted XPeng's significant growth and Tesla's slight year-over-year drop.

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Overview

  • XPeng's weekly sales in China fell 23.6% to 5,500 units, while Tesla's dropped 29.1% to 7,300 units during the April 28–May 4 period, reflecting holiday and seasonal slowdowns.
  • Li Auto was the only major EV maker to see weekly growth, with sales rising 23.9% to 11,400 units, contrasting declines for competitors like BYD, Leapmotor, and Nio.
  • XPeng delivered over 35,000 vehicles in April, marking a 273% year-over-year increase, while Tesla registered 58,459 units, down 5.96% compared to April 2024.
  • Year-to-date figures place Tesla as the top EV seller in China with 166,900 units, followed by Li Auto at 133,200 and XPeng at 121,900 vehicles sold.
  • Mid-April tariffs on Tesla's imported Model S and Model X vehicles contributed to a halt in new orders, influencing its domestic sales trajectory.