BYD Song was the best-selling SUV in China in February with 51,592 retail sales, and the Model Y ranked No. 2 with 25,526 units.
The Tesla (NASDAQ: TSLA) Model Y was the No. 2 best-selling SUV in China in February, with the BYD (OTCMKTS: BYDDY) Song taking the top spot by a significant margin.
Model Y retail sales in China in February were 25,526 units, up 37.3 percent from 18,593 units a year ago, according to data released today by the China Passenger Car Association (CPCA).
That puts the Tesla SUV at No. 2 on the list of best-selling SUVs in China, according to the CPCA's list.
The BYD Song topped the list with 51,592 retail sales in February, up 110.3 percent from 24,532 units in the same month last year.
BYD Yuan Plus retail sales in February were 20,279 units, up 349.1 percent from 4,515 units in the same month last year, and ranked third on the list.
In January-February, BYD Song retail sales were 101,301 units, up 115.6 percent year-on-year, making it the best-selling SUV in China for the first two months.
The Tesla Model Y came in second on the list with 39,710 units in the same period, up 13.6 percent year-on-year, and the Changan CS75 came in third with 35,030 units.
Notably, this is the first time the CPCA has not placed the Model Y in the ranking of high-end SUV sales with a starting price above 300,000 yuan ($43,080).
In the CPCA's previous lists, the Model Y has appeared in the premium SUV sales rankings, even though its starting price has been below RMB 300,000 after two major price cuts.
Tesla Model 3 sales in February were 8,397 units, up 82.3 percent from 4,607 units a year ago, according to the CPCA.
This puts the Model 3 at No. 7 among the best-selling new energy sedans in February.
The BYD Qin was the best-selling new energy sedan in February, with the NIO ET5 ranking 10th on the list with 6,471 units sold.
In January-February, the Tesla Model 3 retailed 21,056 units in China, placing it at No. 6 on the list of best-selling new energy sedans.
The NIO ET5 sold 12,266 units in January-February, ranking No. 9 on the list.
($1 = 6.9661 RMB)
NIO ET5 drops 1 spot in ranking of top-selling premium sedans in China