| New Energy Vehicle Sales Data of Retail Market of China | |||||
| Time Period: Jan-24 | |||||
| No. | NEV Manufacturer | Jan 2024 | Jan 2023 | YoY | Market Share |
| 1 | BYD Auto | 206,904 | 139,755 | 48.0% | 31% |
| 2 | Geely Auto | 64,286 | 8,781 | 632.1% | 9.6% |
| 3 |
Changan Auto |
51,109 | 18,129 | 181.9% | 7.7% |
| 4 | SAIC-GM-Wuling | 41,066 | 17,641 | 132.8% | 6.2% |
| 5 | Tesla China | 39,881 | 26,843 | 48.6% | 6% |
| 6 | Li Auto | 31,165 | 15,141 | 105.8% | 4.7% |
| 7 | SERES | 30,854 | 4,469 | 590.4% | 4.6% |
| 8 | Great Wall | 23,491 | 5,069 | 363.4% | 3.5% |
| 9 | GAC Aion | 21,938 | 8,206 | 167.3% | 3.3% |
| 10 | Dongfeng Motor | 12,973 | 5,341 | 142.9% | 1.9% |
Resource: China Passager Car Association
Highlights of Sale Data of Jan 2024
1, There are 8 brands out of 10 reaching over 100% YoY growth. While BYD and Tesla are pure new energy vehicle manufacturers, and others are transforming from traditional fuel vehicle to new energy at a great lick;
2, Geely Auto has the biggest YoY growth at 632.1%. There are 2 main reasons. First, the traditional fuel models, like Dihao(Emgrand) and Xingyue(Monjaro), have hybrid version for market; Second, these new released new energy brands, like Geometry and Galaxy, get great feedback from market;
3, SERES has the 2nd biggest YoY growth at 590.4%. The huge growth is contributed by new released M7 and M9, with the latest smart driving technologies from HUAWEI. Both M7 and M9 need to be lined for months, and there is challenge for both SERES and HUAWEI to increase the production capacity.