In the January-November period, BYD ranked first in China's NEV market with a 34.5 percent share, while Tesla ranked third with a 6.0 percent share.
BYD (HKG: 1211, OTCMKTS: BYDDY) continued to be the top retail seller in China's new energy vehicle (NEV) market last month, while Tesla (NASDAQ: TSLA) moved up 3 spots.
BYD's retail sales of passenger NEVs in China totaled 417,232 units in November, placing it in first place with a 32.9 percent share, according to rankings 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, although the share was down from 36.1 percent in October.
BYD's retail sales in November were up 58.6 percent from 263,066 in the same month last year, according to the CPCA.
Figures released by BYD earlier this month showed that the group sold 506,804 NEVs in November, the second time it has surpassed the 500,000 mark. The figure is for wholesale sales and includes passenger cars and commercial vehicles across the group's brands.
BYD-branded passenger cars, which include the Dynasty and Ocean series, sold 483,011 units in November, up 68.29 percent year-on-year and up 0.45 percent from October.
China's passenger NEVs sold a record 1,268,000 units at retail in November, the fourth consecutive month of more than 1 million, up 50.5 percent year-on-year and up 5.9 percent from October, according to data released yesterday by the CPCA.
Tesla's retail sales in China in November were 73,490 vehicles, up 12.2 percent from a year earlier.
The US electric vehicle (EV) maker ranked fourth in China's NEV market with a 5.8 percent share in November. In October, Tesla ranked No. 7 with a 3.4 percent share.
Tesla China sold 78,856 vehicles in November, including 5,366 exported, according to the CPCA.
The EV maker's retail sales in China in November were the highest month of the year, up 12.19 percent from 65,504 units a year ago and up 81.52 percent from 40,485 in October.
Tesla has a factory in Shanghai that makes 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 November retail NEV sales ranking with 120,896 unit sales and a 9.5 percent share.
SAIC-GM-Wuling was third with 84,757 sales and a 6.7 percent share in November.
From January to November, BYD's retail sales of NEVs in China were 3,315,206 units, up 37.8 percent year-on-year, to take first place with a 34.5 percent share in the period.
Geely's NEV retail sales for the January to November period were 754,137 units, up 94.3 percent year-on-year, to take second place with a 7.9 percent share.
Tesla's retail sales in China in the January-November period were 574,175 units, up 8.8 percent year-on-year, and ranked third with a 6.0 percent share.
In the overall passenger car market, including traditional fuel vehicles, BYD topped the retail ranking with a 17.2 percent share in November, though lower than its 19.1 percent share in October.
Geely sold 217,322 units at retail in November, up 29.4 percent year-on-year, to take second place with a 9.0 percent share.
Chery had retail sales of 157,700 units in November, up 65.0 percent year-on-year, and was third with a 6.5 percent share.
In the January-November period, BYD ranked first in China's passenger car retail market share with 16.4 percent, Geely was second with 7.8 percent and FAW-Volkswagen was third with 7.1 percent.