Jan to Sep 2024: New Energy Vehicle Sales Data of Retail Market of China

Jan to Sep 2024: New Energy Vehicle Sales Data of Retail Market of China

 

All Vehicle Sales Data of Retail Market of China from January to September 2024
Unit: Vehicle
Time Period: Jan-Sep 24
NO. NEV manufacturers 2024.1-9 2023.1-9 YoY Share
1 BYD Auto 2,466,607 1,884,783 30.90% 34.60%
2 Geely Automobile 527,093 269,264 95.80% 7.40%
3 Tesla China 460,200 433,729 6.10% 6.50%
4 Changan Automobile 413,632 249,692 65.70% 5.80%
5 SAIC-GM-Wuling 389,696 287,444 35.60% 5.50%
6 Li Auto 341,812 244,225 40.00% 4.80%
7 Seres Auto 289,481 40,111 621.70% 4.10%
8 GAC Aion 259,963 357,490 -27.30% 3.60%
9 Chery Automobile 232,141 73,129 217.40% 3.30%
10 Great Wall Motors 189,745 151,084 25.60% 2.70%

Resource: China Passager Car Association

Highlights of Sale Data of Jan-July 2024
1. BYD Auto leads the way with sales of 2,466,607 units and has grown significantly year-on-year, with a market share of 34.10%. It shows strong market dominance and its market share is also very high.
2. Geely, Tesla and other manufacturers followed closely behind: Geely Automobile sales increased by 95.80% year-on-year, and the market share reached 7.40%, with strong growth momentum; Tesla China sales increased by 6.10% year-on-year, and the market share remained stable at 6.50%; Changan Automobile manufacturers such as SAIC-GM-Wuling and Li Auto also performed well, with sales and market share increasing.
3. The sudden emergence of Cyrus Automobile: Sales volume of Cyrus Automobile increased by as much as 621.70% year-on-year, and its market share reached 4.10%, making it one of the fastest growing manufacturers in the market.

The new energy vehicle market as a whole is booming, with various manufacturers making varying degrees of progress, reflecting consumers' increasing acceptance of new energy vehicles.

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