Aug 2024: New Energy Vehicle Sales Data of Retail Market of China

Aug 2024: New Energy Vehicle Sales Data of Retail Market of China

New energy manufacturers sales ranking in August 2024
Unit: Vehicle
NO.
NEV manufacturers
2024.8
2023.8
YoY
Share
1
BYD Auto
379,596
241,592
57.1%
37.0%
2
Geely Automobile
74,082
44,632
66.0%
7.2%
3
Tesla China
63,456
64,694
-1.9%
6.2%
4
SAIC-GM-Wuling
62,739
35,196
78.3%
6.1%
5
Changan Automobile
52,339
38,355
36.5%
5.1%
6
Ideal Auto
48,122
34,914
37.8%
4.7%
7
Chery Automobile
36,089
10,267
251.5%
3.5%
8
Seres Automobile
33,526
3,312
912.3%
3.3%
9
GAC Aion
32,650
52,057
-37.3%
3.2%
10
Leapmotor
28,005
14,190
97.4%
2.7%

Resource: China Passager Car Association

Highlights of Sale Data of Aug 2024

  1. BYD Auto: Sales volume reached 379,596 units, a year-on-year increase of 57.1%, with a market share of 37.0%, occupying a large market share with obvious advantages, and continuing to lead the new energy vehicle market.
  2. Geely Auto: Sales volume was 74,082 units, up 66.0% year-on-year, a large increase and good market performance.
  3. SAIC-GM-Wuling: Sales volume was 62,739 units, up 78.3% year-on-year, a rapid growth rate, demonstrating strong market competitiveness.
  4. Chery Automobile: Sales volume was 36,089 units, a year-on-year increase of 251.5%. It was one of the largest year-on-year growth rates among all manufacturers and has a strong development momentum.
  5. Cyrus Auto: Sales volume was 33,526 units, a year-on-year increase of 912.3%. The growth rate is very amazing and significant progress has been made.
  6. Leapmotor : Sales volume was 28,005 units, a year-on-year increase of 97.4%. The growth was relatively rapid and the market performance was good.

Generally speaking, the new energy vehicle market will show rapid development in August 2024, and the growth rate of some manufacturers is particularly prominent.

 

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