In the January-October period, BYD was No. 1 in the NEV market with a 34.8 percent share, while Tesla was No. 3 with a 6.0 percent share.
BYD (HKG: 1211, OTCMKTS: BYDDY) stayed on top of retail sales in China's new energy vehicle (NEV) market last month, while Tesla (NASDAQ: TSLA) slipped three spots.
BYD sold 431,367 passenger NEVs at retail in China in October, continuing its No. 1 position with a 36.1 percent share, according to data released today by the China Passenger Car Association (CPCA).
The company is the only one with more than 30 percent share of China's NEV market, with share up from 34.4 percent in September.
BYD's retail sales in October were up 67.2 percent from 258,011 in the same month last year, according to the CPCA.
BYD released figures earlier this month showing it sold a record 502,657 NEVs in October, up 66.53 percent year-on-year and up 19.84 percent from September. The figures are wholesale sales and include passenger cars and commercial vehicles across the group's brands.
BYD-branded passenger cars, including the Dynasty and Ocean series, sold 480,841 units in October, up 66.05 percent year-on-year and up 20.60 percent from September.
China's passenger NEVs sold a record 1.196 million retail units in October, the third consecutive month of more than one million, up 56.7 percent from a year ago and up 6.4 percent from September, data released by the CPCA on November 8 showed.
Tesla's retail sales in China were up 41.4 percent in October to 40,485 vehicles, but its share of the NEV market fell to 3.4 percent from 6.4 percent in September.
Tesla China sold 68,280 vehicles in October, including 27,795 for export, CPCA data released last week showed.
It sold 40,485 vehicles in China in October, the lowest since April. That's up 41.43 percent from 28,626 a year ago, but down 43.93 percent from 72,200 in September.
Tesla has a factory in Shanghai that produces the Model 3 sedan and Model Y crossover, both for deliveries to local customers and as an export hub for it.
Geely was second in the October retail NEV sales rankings with 106,148 sales and an 8.9 percent share.
SAIC-GM-Wuling was third with 82,677 sales and a 6.9 percent share in October.
In the January-October period, BYD's retail sales of NEVs in China were 2,897,974 units, up 35.2 percent year-on-year, to take first place with a 34.8 percent share.
Geely's NEV retail sales for the January-October period were 633,241 units, up 93.9 percent year-on-year, to take second place with a 7.6 percent share.
Tesla's retail sales in China for the January-October period were 500,685 units, up 8.3 percent year-on-year, and third with a 6.0 percent share.
In the ovralll passenger car market, which includes traditional fuel vehicles, BYD topped the retail rankings with a 19.1 percent share in October, up from an 18.3 percent share in September.
Geely was second with 8.6 percent share in October with retail sales of 194,142 units, up 29.8 percent year-on-year.
Chery had retail sales of 144,499 units in October, up 59.5 percent year-on-year, and was third with a 6.4 percent share.
In the January-October period, BYD ranked first in China's passenger car retail market share with 16.2 percent, Geely was second with 7.7 percent and FAW-Volkswagen was third with 7.3 percent.
China NEV retail at record 1.2 million in Oct despite penetration pull-back
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