Jan-Apr 2024: New Energy Vehicle Sales Data of Retail Market of China

Jan-Apr 2024: New Energy Vehicle Sales Data of Retail Market of China

New Energy Vehicle Sales Data of Retail Market of China
Time Period: Jan to Apr-24
No. NEV Manufacturer Jan-Apr 2024 Jan-Apr 2023 YoY Market Share
1 BYD Auto 840,137 702,608 19.6% 34.3%
2 Geely Auto 186,607 84,399 121.1% 7.6%
3

Tesla China 

167,354 79,168 111.4% 6.8%
4 Changan Auto 163,841 177,385 -7.6% 6.7%
5 SAIC-GM-Wuling 137,084 1111,604 22.8% 5.6%
6 SERES 107,522 14,806 626.2% 4.4%
7 Li Auto 106,187 78,265 35.7% 4.3%
8 GAC Aion 91,121 119,320 -23.6% 3.7%
9 Great Wall  74,689 34,665 115.5% 3.0%
10 Chery Auto 57,909 24,405 137.3% 2.4%

 

Resource: China Passager Car Association

Highlights of Sale Data of Jan to Apr 2024

1)  SERES gets the highest YoY rate of 626.2%, the only over 500% growth 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. And the delivery time is shorten from months to weeks;

2) Geely Auto, CAHNGAN, Great Wall and Chery Auto perform good as these main top 4 traditional giant auto makers are shifting their focus on new energy vehicles too. And their new released EV models get strong feedback from the market;

3) GAC AION gets the sharpest decrease of -23.6%. 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.

Contact ADVENCAR if interested in reselling these popular EVs in your city 

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