At least three Chinese electric vehicle (EV) assemblers rewrote their monthly sales records in November, as consumers rushed to dealers before tax breaks and cash subsidies are phased out from January 1.
Analysts and dealers, however, expect a sharp fall in deliveries at the beginning of the new year as buying interest dries up.
Stellantis-backed Leapmotor, one of the fastest-selling EV makers this year, delivered 70,327 vehicles in November, hitting an all-time high for the seventh consecutive month. The sales just about beat October’s tally of 70,289 units.
Voyah, a unit of state-owned Dongfeng Motor, completed its fourth straight month of record deliveries, with sales increasing 16.2 per cent from a month earlier to 20,005 vehicles.
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How does a Chinese driverless system compare with Tesla’s?
How does a Chinese driverless system compare with Tesla’s?
Zeekr, a premium marque owned by China’s second-largest automotive group Geely Auto, reported record deliveries for a second month, selling 63,902 vehicles in November, up 3.7 per cent from October.
