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New Energy Vehicle Sales Data of Retail Market of China |
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Time Period: Jan-Jun 24 |
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No. |
NEV Manufacturer |
Jan-Jun 2024 |
Jan-Jun 2023 |
YoY |
Market Share |
|
1 |
BYD Auto |
1,388,458 |
1,154,573 |
20.3% |
33.8% |
|
2 |
Geely Auto |
306,309 |
140,377 |
118.2% |
7.5% |
|
3 |
TESLA - CHINA |
278,317 |
294,105 |
-5.4% |
6.8% |
|
4 |
CHAGNAN AUTO |
264,469 |
135,674 |
94.9% |
6.4% |
|
5 |
212,105 |
177,108 |
19.8% |
5.2% |
|
|
6 |
LI AUTO |
188,981 |
139,117 |
35.8% |
4.6% |
|
7 |
SERIS AUTO |
180,570 |
25,823 |
599.3% |
4.4% |
|
8 |
GAC-AION |
161,342 |
209,339 |
-22.9% |
3.9% |
|
9 |
Great Wall |
119,068 |
80,183 |
48.5% |
2.9% |
|
10 |
Chery Auto |
118,818 |
41,369 |
187,2% |
2.9% |
Resource: China Passager Car Association
Highlights of Sale Data of Jan-Jun 2024
1) SERES gets the highest YoY rate of 599.3%, the only over 500% growth within top 10 models. The new M7 and M9 with latest Huawei's smart technologies are widely welcomed by family users, business owners, and technophiles. And the delivery time is shorten from months to weeks;
2) Geely Auto and CHERY AUTO are the remaining 2 auto companies with over 100% growth at 118.2% and 187.2% relatively, as these 2 giant auto companies released more EV models to the market;
3) TESLA-China is the over foreign brand in the top 10 list with -5.4% growth, indicating that Chinese brands are more competitive and aggressive in EV market than these traditional foreign auto companies ;
4) GAC AION gets the sharpest decrease of-22.9%, the only Chinese company in the top 10 list with decreasing. One reason is that its new high new EV models, Hyper GT and HT, are not performing good as pervious models, and there are about 30% discount to simulate sales; While the sales of previous models are badly affected by BYD's price reductions.
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