AutoBeta Home News New Vehicle Industry Report Data Report Industrial Economy

In addition to Weibo, there is also WeChat

Please pay attention

WeChat public account


Make history! The ranking of sales of new energy manufacturers was released in October.

2024-06-17 Update From: AutoBeta autobeta NAV: AutoBeta > News >


AutoBeta( Report--

According to data from the Federation of passengers, the retail sales of new energy passenger vehicles in China in October 2023 were 2.033 million, up 10.2% from the same period last year and 0.7% from the previous year, of which the retail sales of domestic new energy passenger vehicles were 766000, up 37.4% from the same period last year and 2.6% from the previous year.


Judging from the sales list of new energy manufacturers in October, the top 10 car companies in the list are BYD, Geely Automobile, SAIC General Motors Wuling, Changan Automobile, Guangzhou Automobile Ean, ideal Automobile, Great Wall Automobile, Tesla China, Xiaopeng Automobile and Zero Automobile.

In the list, all manufacturers showed a year-on-year increase, of which the most obvious increases were ideal cars and Xiaopeng cars. According to the data, a total of 40422 ideal cars were delivered in October, an increase of 12.1% from the previous month, an increase of 302.1% over the same period last year, a record monthly delivery, and the first monthly delivery of more than 40,000 vehicles of the year. As of October 31, a total of 284647 ideal cars were delivered in the first 10 months of this year, an increase of 193.51% over the same period last year, with a market share of 4.8%, which also means that the ideal car will achieve its target of annual sales of 300000 vehicles ahead of schedule.


Driven by the continued boom in sales, the performance of ideal cars has also improved significantly. According to the financial report, the total revenue of ideal Automobile in the third quarter was 34.68 billion yuan, an increase of 271.2 percent over the same period last year, an increase of 21.0 percent from 28.65 billion yuan in the second quarter of 2023. The net profit in the third quarter was 2.81 billion yuan, while the net loss in the third quarter of 2022 was 1.65 billion yuan, an increase of 21.8 percent over the net profit of 2.31 billion yuan in the second quarter of 2023.


Xiaopeng delivered 20002 cars in October, up 30.7 per cent from the previous month and 292.1 per cent year-on-year, also setting a new monthly delivery record. The cumulative delivery volume in the first 10 months was 101445, down 2.1 per cent from the same period last year. In the Wei Xiaoli camp, NIO was the only car company that fell out of the top 10, delivering 16074 vehicles in October, up 2.8 per cent from the previous month and 59.8 per cent year-on-year, with a cumulative delivery of 126067 vehicles this year, an increase of 36.3 per cent year-on-year and a market share of 2.1 per cent.


Great Wall Automobile is the third highest growth rate after ideal car and Xiaopeng Automobile. October ranked seventh on the list with sales of 28907 vehicles, up 207.5 per cent from a year earlier.

Back to the list, from the whole list, whether it is the monthly list or the cumulative sales in the previous 10 months, BYD is firmly at the top. According to the data, BYD rose 25.4 per cent year-on-year to 258011 vehicles in October and 57.7 per cent to 2142794 vehicles from January to October, with a market share of 36.0 per cent. However, according to BYD's annual sales target of 3 million, BYD's completion rate was 71.43% by the end of October, making it difficult for BYD to achieve 28.57% of sales in the remaining two months.


Geely rose from third place in September to second place in October, with retail sales of 59974 vehicles in October, up 109.9% from a year earlier, driven by hot models such as polar krypton and Geely Galaxy. In third place was SAIC GM Wuling, which sold 48935 vehicles in October, up 11.9 per cent from a year earlier. The increase was mainly due to the launch of the Wuling colorful fruit by SAIC GM Wuling, which became popular as soon as it went on sale, with retail sales of 23744 vehicles in October, surpassing Hongguang MINIEV (20337 in October). However, extending the time to the previous October, SAIC GM Wuling fell 8.8 per cent to 336379 vehicles compared with the same period a year earlier.


Tesla, who changed significantly in the rankings, fell from fourth in September to eighth in October. October sales were 28626, up 66.4% from a year earlier, with 26353 Model Y and 2273 Model 3 models in October. Cumulative sales from January to October were 462355, an increase of 37.9% over the same period last year, with a market share of 7.8%.


It should be noted that although Tesla's ranking in China fell for two months in a row, Tesla raised the price of some of his models against the trend. On October 27th, Tesla ModelY high-performance model increased by 14000 yuan to 363900 yuan; on November 9, Tesla Model 3 long-lasting flight refurbished version raised the price by 1500 yuan, starting at 297400 yuan; and ModelY long-lasting flight version rose 2500 yuan, with an adjusted starting price of 302400 yuan. Industry insiders believe that: "Tesla raised prices or because he is currently under great profit pressure, eager to restore gross profit margin." At the same time, some sources said that the reason for Tesla's price increase is that supply exceeds demand. Although the actual annual production capacity of the Shanghai factory has expanded from 750000 vehicles / year in the second quarter to more than 950000 vehicles / year in the third quarter, with the launch of the new version of Model 3 and the evolutionary version of Model Y, Tesla's demand is also rising.


Judging from the overall list, the 10 new energy car companies on the list in October have all increased in varying degrees, especially ideal cars and Xiaopeng cars. Cui Dongshu, secretary general of the Federation of passengers, pointed out that in October this year, retail sales in the car market strengthened month on month, forming a strong trend of "silver, nine and gold ten." this is also a common trend in recent years, because the growth driving force of new energy vehicles is stronger than the previous month. In October, the promotion of the car market continued to increase, the promotion of fuel vehicles and new energy vehicles increased month-on-month, and the consumer demand for car purchase was released.

Welcome to subscribe to the WeChat public account "Automotive Industry Focus" to get the first-hand insider information on the automotive industry and talk about things in the automotive circle. Welcome to break the news! WeChat ID autoWechat

Views: 0

*The comments in the above article only represent the author's personal views and do not represent the views and positions of this website. If you have more insights, please feel free to contribute and share.

Share To

Network commentsNetwork comments are only for expressing personal opinions and do not express the position of this website




© 2024 AutoBeta.Net Tiger Media Company. All rights reserved.