New Energy Vehicle Sales Data of Retail Market of China | |||||
Time Period: Feb-24 | |||||
No. | NEV Manufacturer | Feb 2024 | Feb 2023 | YoY | Market Share |
1 | BYD Auto | 118,802 | 176,662 | -32.8% | 30.6% |
2 | Geely Auto | 31,364 | 21,796 | 43.9% | 8.1% |
3 |
5Tesla China |
30,141 | 33,923 | -11.1% | 7.8% |
4 | SAIC-GM-Wuling | 27,945 | 32,212 | -13.2% | 7.2% |
5 | SERES | 27,240 | 3,521 | 673.6% | 7.0% |
6 | Changan Auto | 23,859 | 18,766 | 27.1% | 6.1% |
7 | Li Auto | 20,251 | 16,620 | 21.8% | 5.2% |
8 | GAC Aion | 12,370 | 30,086 | -58.9% | 3.2% |
9 | Great Wall | 11,195 | 7,405 | 51.2% | 2.9% |
10 | NIO | 8,132 | 12,157 | -33.1% | 2.1% |
Resource: China Passager Car Association
Highlights of Sale Data of Feb 2024
1) SERES gets the highest YoY rate of 673.6%, the only within top 10 models. The new M7 and M9 with latest Huawei's smart technologies are widely welcomed in family users, business owners, and technophiles;
2) Geely and Great Wall perform good as well as these 2 traditional giant auto makers are shifting their focus on new energy vehicles too. And their new released EV models are adopted by more and more users;
3) GAC AION gets the sharpest decrease of -58.9%. One reason is that its new high new EV models, Hyper GT and HT, are not performing good as pervious models; While the sales of previous models are badly affected by BYD's price reductions.
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