October 2024: New Energy Vehicle Sales Data of Retail Market of China

October 2024: New Energy Vehicle Sales Data of Retail Market of China

 

All Vehicle Sales Data of Retail Market of China in October 2024
Time Period: Oct-24
Unit: Vehicle
NO.
NEV manufacturers
Oct-24
Oct-23
YoY
Share
1
BYD Auto
431,367
258,011
67.20%
36.10%
2
Geely Auto
106,148
57,394
84.90%
8.90%
3
SAIC-GM-Wuling
82,677
48,935
69.00%
6.90%
4
Changan Auto
64,130
48,332
32.70%
5.40%
5
Chery Auto
57,410
11,120
416.30%
4.80%
6
Li Auto
51,443
40,422
27.30%
4.30%
7
Tesla
40,485
28,626
41.40%
3.40%
8
Leapmotor
36,086
18,202
98.30%
3.00%
9
Seres Auto
34,005
14,002
142.90%
2.80%
10
GAC Aion
31,925
41,331
-22.80%
2.70%

Resource: China Passager Car Association

Highlights of Sale Data of Oct 2024:

1. BYD Auto: Sales volume was 431,367 units, a year-on-year increase of 67.20%, and the market share reached 36.10%. BYD Auto's dominant position in the new energy vehicle market has been further enhanced, demonstrating its strong market competitiveness and brand influence.

2. Geely Auto sales were 106,148 units, a year-on-year increase of 84.90%; SAIC-Wuling sales were 82,677 units, a year-on-year increase of 69.00%, with a market share of 6.90%. SAIC-GM-Wuling's significant growth shows that its position in the new energy vehicle market continues to improve.

3. GAC Aian: Sales volume was 31,925 vehicles, a year-on-year decrease of 22.80%, and market share was 2.70%. GAC Aian is the only manufacturer on the list whose sales have declined year-on-year. This may be related to its product strategy, market competition or other factors.

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