NIO Q1 Revenue Drop & Model Sales Plunge
The SUV market in the C/D segment in China has been developing at a rapid pace in recent years, showing a growth rate of more than two digits each year from 2020 to 2024. It is estimated that the total…
Tag NIO
NIO & Onvo Channel Integration Crisis
Since the Onvo L60 began deliveries last September, its sales have not brought a qualitative improvement to NIO. In the BEV market, NIO’s market share has dropped from a peak of 4.1% last year to around 2.7-2.8% currently.NIO’s mainstay models…
CATL Battery Market Trend
In 2024, CATL’s battery usage in China’s passenger vehicle market reached 223 GWh, securing the top position with a market share of 43.3%. In 2024, CATL’s usage of ternary lithium and LFP batteries accounted for 61% and 39%, respectively. The…
2024 Battery Electric Vehicle Market in China Report
In 2024, China’s BEV sales hit 7.05 million units, growing 15.1% YoY and representing 26% of the total passenger vehicle market In 2024, China exported 859.3k units of BEVs, marking a decline of 10.3% for the first time. The export…
Analysis And Outlook Of The Mid-end And High-end BEV Market
The rapid growth of the middle and high-end BEV market will usher in an outbreak period. Price range of more than 200,000 yuan and B class is the core sales market.Sales volume penetrate into non-restricted cities and the second and…
BMBS 2022 – 2031 Capacity Analysis
Emerging OEMs such as NIO and XPENG announced battery leasing products to lower the purchasing threshold and enhance the customer acceptance on NEV Vehicle financing business expands from vehicle to key components due to the development of NEV market increase…