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All Vehicle Sales Data of Retail Market of China |
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Time Period: May-24 |
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No. |
NEV Manufacturer |
May 2024 |
May 2023 |
YoY |
Market Share |
|
1 |
BYD Auto |
268,226 |
220,735 |
21.5% |
15.7% |
|
2 |
FAW-VW |
124,029 |
150,307 |
-17.5% |
7.3% |
|
3 |
Geely Auto |
123,768 |
94,016 |
31.6% |
7.2% |
|
4 |
CHANGAN Auto |
95,739 |
109,710 |
-12.7% |
5.6% |
|
5 |
Chery Auto |
88,873 |
55,805 |
59.3% |
5.2% |
|
6 |
SAIC-VW |
83,713 |
95,003 |
-11.9% |
4.9% |
|
7 |
GAC-TOYOTA |
69,593 |
77,534 |
-10.2% |
4.1% |
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8 |
DONGFENG-NISSAN |
61,725 |
62,277 |
-0.9% |
3.6% |
|
9 |
HUACHEN-BMW |
55,301 |
57,127 |
-3.2% |
3.2% |
|
10 |
TESLA -CHINA |
55,215 |
42,508 |
29.9% |
3.2% |
Resource: China Passager Car Association
Highlights of Sale Data of May 2024
1) Chery Auto is the only brand achieving over 50% YoY rate at 59.3%. Chery is famous for its persevere in R&D in engine, safety, and reliability. After establishing cooperation with CATL and HUAWEI for new energy vehicle and smart driving, Chery is wining the market with its price, and technologies; ;
2) VW, including FAW-VW, and SAIC, had always been the top 1 brand in China for years, while the sales of May showing that 2 VW was surpassed by BYD, which was the first time in Chinese vehicle industry;
3) GAC-TOYOTA continues to decrease -10.2%, and FAW-TOYOTA has dropped out of top 10 sales list, which is a indication of Japanese brands, which are less popular in Chinese market as there are more choices at same prices in China.
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