Among the many high 5, Tesla solely produces BEVs, whereas the opposite automakers produce each BEVs and PHEVs.
BYD (OTCMKTS: BYDDF) continued to dominate China’s NEV (NEV) market in January, with its share properly forward of second place.
BYD’s retail gross sales of NEVs in January had been up 48.0 % year-on-year to 206,904 items, in accordance with a rating desk launched in the present day by the China Passenger Automobile Affiliation (CPCA).
BYD topped the Chinese language NEV market in January with a 31 % share, the one one with a share of greater than 10 %.
BYD launched figures earlier this month displaying it offered 201,493 NEVs in January. These figures are wholesale gross sales and embody supplier stock.
Geely had retail gross sales of 64,286 NEVs in January, up 632.1 % year-on-year, to take second place with a 9.6 % share.
Changan Vehicle’s NEV retail gross sales in January had been 51,109, up 181.9 % year-on-year, and third with a 7.7 % share.
SAIC-GM-Wuling had retail gross sales of 41,066 NEVs in January, up 132.8 % year-on-year, and was fourth with a 6.2 % share.
Tesla (NASDAQ: TSLA) had retail gross sales of 39,881 in China in January, up 48.6 % year-on-year, and ranked fifth with a 6.0 % share.
In China, NEVs embody battery electrical automobiles (BEVs), plug-in hybrids (PHEVs), and gas cell automobiles, with the previous two dominating.
Among the many high 5, Tesla solely produces BEVs, whereas different automotive firms produce each BEVs and PHEVs.
The CPCA doesn’t publish rankings for BEV gross sales, although it launched knowledge earlier this month displaying that China offered 376,000 BEVs in January, with Tesla’s share of the BEV market at 10.61 %.
BYD additionally had the very best retail gross sales within the general passenger automotive market in January, with a ten.2 % share.
Changan and Geely ranked second and third in China’s passenger automotive retail gross sales rankings with 9.3 % and 9.2 % shares, respectively, in accordance with CPCA.
China’s NEV retail at 668,000 in Jan, down 29.5% from Dec