A00-Class EV Sales Plunge Sharply as B-Class Models Gain Traction

[Market Dynamics] A00-class battery electric vehicles (BEVs) are undergoing significant adjustment, with wholesale sales in April plummeting 55% year-over-year.

Core Trend: A00-Class Segment Loses Over 12 Percentage Points of Market Share

70,000 units — April wholesale sales of A00-class BEVs declined 55% year-over-year, accounting for just 9% of the total BEV market, a drop of 12.3 percentage points compared to the same period last year.

Key Data: B-Class Vehicles Drive Growth

From January to April this year, cumulative sales of B-class vehicles reached 1.198 million units, up 12.3% year-over-year. During the same period, A0-, A-, and B-class electric vehicles all recorded positive growth. Specifically, B-class vehicles posted April wholesale volumes of 243,000 units, an increase of 7% month-over-month.

Strategic Context: Policy Transition Hits Entry-Level Segment Hard

Chen Shihua, Deputy Secretary-General of the China Association of Automobile Manufacturers (CAAM), noted that A00-class new energy vehicles have been significantly impacted by policy transitions, with their first-quarter decline dragging down overall new energy vehicle market performance.