According to a report on the website of the Wall Street Journal of the United States on January 3, the shares of Chinese electric vehicle manufacturers listed in Hong Kong rose on January 3, led by Ideal Cars, after the company released strong delivery data for December 2022.

According to the report, the stock price of Ideal Auto rose. The company announced the monthly delivery data for December on December 30, 2022, which hit a record high, and the annual delivery volume in 2022 increased by 47%.

The auto manufacturer said that the delivery volume in December 2022 had increased by 51% compared with the same period of last year, and it said that it was the brand with the fastest monthly delivery of more than 20000 among the new domestic car making brands.

It was reported that although the shortage of China's supply chain affected production and sales, the Chinese electric vehicle manufacturers ended the year with strong delivery results.

Weilai Group delivered 122486 vehicles in 2022, an increase of about 34%, and Xiaopeng's vehicle delivery increased by 23% compared with 2021.

In addition, BYD announced that the sales volume in December 2022 increased by 150%. Analysts at Citibank said in a report that they believe BYD is a big winner in the integration of the industry.

According to the report, looking forward to the future, Citigroup analyst Jeff Zhong predicted that the sales of electric vehicles in China could increase by another 33% in 2023.

In addition, it was reported on the website of Forbes magazine on January 2 that BYD Co., Ltd., the largest electric vehicle manufacturer in China, said on January 2 that the company's sales of new energy vehicles in December 2022 were 235197, more than double the same period in 2021 (93945), setting a new record for monthly sales.