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All Vehicle Sales Data of Retail Market of China
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Time Period: Jan-Oct 24
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Unit: Vehicle
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NO.
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NEV manufacturers
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2024.1-10
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2023.1-10
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YoY
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Share
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1
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BYD Auto
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2,897,974
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2,142,794
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35.20%
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34.80%
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2
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Geely Auto
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633,241
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326,658
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93.90%
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7.60%
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3
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Tesla
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500,685
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462,355
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8.30%
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6.00%
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4
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Changan Auto
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477,762
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298,024
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60.30%
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5.70%
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5
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SAIC-GM-Wuling
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472,373
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336,379
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40.40%
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5.70%
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6
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Li Auto
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393,255
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284,647
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38.20%
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4.70%
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7
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Seres Auto
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323,486
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54,113
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497.80%
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3.90%
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8
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GAC Aion
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291,888
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398,821
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-26.80%
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3.50%
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9
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Chery Auto
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289,551
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84,249
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243.70%
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3.50%
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10
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Great Wall Motors
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219,381
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179,991
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21.90%
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2.60%
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Resource: China Passager Car Association
Highlights of Sale Data of Jan-Oct 2024：
1. BYD topped the list with sales of 2,897,974 vehicles. The market share reached 34.80%, showing its dominant position in the new energy vehicle market.
2. Geely Auto sold 633,241 units, a year-on-year increase of 93.90%, and its market share was 7.60%, showing strong growth momentum.
3. Tesla ranked third with sales of 500,685 vehicles, a year-on-year increase of 8.30%, and a market share of 6.00%.
4. It is worth noting that Seres Auto’s performance was particularly eye-catching, with sales reaching 323,486 units, a year-on-year increase of 497.80%, and a market share of 3.90%, showing its rapid growth and potential in the new energy vehicle market.
5. In addition, GAC Aian is the only manufacturer on the list with a year-on-year sales decline, with sales of 291,888 units, a year-on-year decrease of 26.80%, and a market share of 3.50%. This may be related to its product strategy, market competition or other factors.
Overall, the new energy vehicle market has shown a significant growth trend in the first ten months of 2024, with the performance of leading manufacturers being particularly outstanding. Among them, BYD Auto and Geely Automobile have seen the most significant growth in market share and sales. The rapid growth of Cyrus Auto also shows the huge growth potential of new entrants in the new energy vehicle market.
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