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Sales list of new energy manufacturers: two car companies soar

2024-03-03 Update From: AutoBeta autobeta NAV: AutoBeta > News >


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Retail sales in the domestic narrow passenger car market in June were 665000, up 25.2% from a year earlier, 14.7% from a month earlier, and the retail penetration rate was 35.1%, according to retail data from the Federation of passengers. Cumulative sales from January to June in 2023 were 3.086 million, up 37.3% from the same period last year.

The top 10 car companies in June were BYD Automobile, Tesla China, Guangzhou Automobile Ean, Geely Automobile, ideal Automobile, Changan Automobile, SAIC GM Wuling, Great Wall Motor, Zero running Automobile and Naga Automobile. Compared with May, there are no "new faces" in the top 10 models on the list in June, but there has been a significant change in the ranking of car companies in the top five, with SAIC GM Wuling falling out of the top 5 and the highest year-on-year decline on the list.


Data show that SAIC GM Wuling sold 29300 vehicles in June 2023, down 32.7% from a year earlier, making it the brand with the highest decline on the list. Cumulative sales in the first half of this year were 177100, down 14.9% from a year earlier. In March this year, SAIC GM Wuling launched Wuling colorful fruit, which launched a total of five models with a price range of 5.98 yuan to 83800 yuan, which competes with zero running T03, Qirui boundless and the upcoming BYD Seagull. Unlike a number of car companies, new cars have become popular models immediately after they are launched. Data show that in less than four months since Wuling colorful fruit went on sale, the cumulative sales of Wuling colorful fruit has reached 61272, of which from April to June, the sales were 16383, 18015 and 19118 respectively, showing a gradual growth trend. However, this popular model alone failed to bring growth to SAIC GM's overall sales of Wuling.


Judging from the above list, BYD remained firmly at the top of the list, with sales of 231200 vehicles in June, up 74.4% from a year earlier, while cumulative sales in the first half of the year were 1.1546 million, up 82.2% from a year earlier, with a market share of 37.4%. According to BYD's annual sales target of 3 million vehicles, BYD has achieved 41.85% of its annual sales target.

In second place is Tesla China, with sales of 74200 vehicles in June, down 4.8 per cent from a year earlier, making it the only car company in the top three to decline. At the same time, compared with BYD, there is almost three times the distance between Tesla and BYD. Tesla's cumulative sales in China in the first half of the year were 294100, an increase of 48.9% over the same period last year, with a market share of 9.5%.


GAC Ean ranked third with sales of 45000 vehicles, an increase of 86.7% over the same period last year, with cumulative sales of 209300 vehicles in the first half of the year. By the end of June, Ian had achieved 41.86% of its annual sales target of 500000 vehicles, and it is expected that it is more likely to achieve the annual sales target.

As for other car companies, among the top 10 car companies in June, the sales of ideal car and Changan Automobile doubled year-on-year, up 150.1% and 121.8% respectively from the same period last year. Ideal car is the only company in the "Wei Xiaoli" camp to make the top 10, with sales of 32600 vehicles in June, an increase of 150.12% year-on-year and 15.20% month-on-month. In addition, the cumulative sales of ideal cars in the first half of the year was 139100, an increase of 130.31% over the same period last year. According to the calculation of the annual sales of 300000 ideal cars at the beginning of the year, the completion rate of ideal cars in the first six months was 46.37%, and the target could be achieved by selling only about 160000 vehicles in the second half of the year. Li Xiang, chairman and CEO of ideal Automobile, said in a letter to all employees that the goal of ideal Automobile is to achieve the first sales of all luxury brands in the Chinese market (that is, the first sales of all passenger cars over 200000 yuan), with a delivery volume of 1.6 million vehicles per year.


In addition to ideal cars, second-tier new power brands Zero and Naga also made the top 10 list in June, but Nahu fell 16.8% from a year earlier, second only to SAIC GM Wuling. In addition, Geely Motor and Great Wall Motor, two independent brands, also had good sales performance in June, with sales of 36900 and 24700 respectively, up 39.2% and 96.2% respectively from the same period last year.

On the whole, a number of new energy vehicle companies increased to varying degrees in June, among which ideal Automobile and Changan Automobile increased significantly. In the field of new energy vehicles, the retail share of mainstream independent brands of new energy vehicles was 69% in June, up 8% from a year earlier, and the market penetration rate was 58.8%, while the share of joint venture brand new energy vehicles was 4.8%, down 1.2% from the same period last year, and the market penetration rate was 3.7%, while the share of new power in car building was 12.8%, down 4% from the same period last year, according to the CAC data.

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