- BYD captured a 22.8% share of China's NEV retail market in March, expanding its lead over Geely.
- Tesla ranked fourth in the NEV market with a 6.6% share, slipping one spot from its February ranking.
| Ranking | Automaker | NEV Sales | Market Share |
|---|---|---|---|
| 1 | BYD | 194,131 | 22.8% |
| 2 | Geely | 96,842 | 11.4% |
| 3 | Changan | 68,089 | 8% |
| 4 | Tesla China | 56,107 | 6.6% |
| 5 | Li Auto | 41,053 | 4.8% |
| 6 | SAIC-GM-Wuling | 40,441 | 4.7% |
| 7 | Nio | 35,383 | 4.2% |
| 8 | Leapmotor | 33,420 | 3.9% |
| 9 | GAC Aion | 33,044 | 3.9% |
| 10 | Dongfeng | 28,998 | 3.4% |
BYD maintained its position as China's largest new energy vehicle (NEV) maker in March, while Tesla slipped one spot in retail sales rankings compared to February.
BYD's passenger NEV retail sales in China stood at 194,131 units in March. This represented a 33.1% year-on-year decrease but a 118.9% month-on-month surge, according to rankings released by the China Passenger Car Association (CPCA) on Friday.
The company continued to rank first with a 22.8% share in March, up from 19.1% in February, expanding its lead over second-placed Geely Auto.
Geely's NEV retail sales in March were 96,842 units, down 12.7% year-on-year but up 26.4% month-on-month.
Geely ranked second in China's NEV market with an 11.4% share. Changan Automobile followed in third place with an 8.0% share and 68,089 units sold.
Tesla's retail sales in China were 56,107 units in March. This was a 24.3% year-on-year decline but a 46.9% month-on-month increase.
The US electric vehicle (EV) maker ranked fourth in China's NEV market in March, capturing a 6.6% market share. It ranked third in February with an 8.2% share.
Li Auto ranked fifth in the NEV market with retail sales of 41,053 units. It captured a 4.8% share, achieving an 11.9% year-on-year growth.
Nio Inc ranked seventh with retail sales of 35,383 units. It captured a 4.2% share, achieving a 136.7% year-on-year growth.
In the January-March period, BYD's NEV retail sales were 377,004 units. This was a 45.8% year-on-year decline, ranking first with a 19.8% share.
| Ranking | NEV Automaker | Sales | Market Share |
|---|---|---|---|
| 1 | BYD | 377,004 | 19.8% |
| 2 | Geely | 265,613 | 13.9% |
| 3 | Changan | 127,431 | 6.7% |
| 4 | Tesla China | 112,798 | 5.9% |
| 5 | HIMA | 112,709 | 5.9% |
| 6 | Li Auto | 95,142 | 5% |
| 7 | Nio | 83,194 | 4.4% |
| 8 | Xiaomi EV | 80,856 | 4.2% |
| 9 | SAIC-GM-Wuling | 77,619 | 4.1% |
| 10 | Seres | 75,069 | 3.9% |
Geely's NEV retail sales in the January-March period were 265,613 units, down 17.5% year-on-year, ranking second with a 13.9% share.
Tesla's retail sales in China in the January-March period were 112,798 units. This was a 16.2% year-on-year decrease, ranking fourth with a 5.9% share.
In the overall passenger car market, which includes traditional internal combustion engine vehicles, BYD ranked first in retail sales in March.
BYD captured an 11.8% share in the overall market with sales of 194,131 units. Geely ranked second with sales of 171,337 units and a 10.4% share.
| Ranking | Automaker | Sales | Market Share |
|---|---|---|---|
| 1 | BYD | 194,131 | 11.8% |
| 2 | Geely | 171,337 | 10.4% |
| 3 | Changan | 111,675 | 6.8% |
| 4 | FAW-Volkswagen | 107,434 | 6.5% |
| 5 | Chery | 70,411 | 4.3% |
| 6 | SAIC-Volkswagen | 70,000 | 4.3% |
| 7 | GAC Toyota | 66,127 | 4% |
| 8 | FAW Toyota | 59,941 | 3.6% |
| 9 | Tesla China | 56,107 | 3.4% |
| 10 | SAIC-GM-Wuling | 52,215 | 3.2% |
Changan ranked third in the overall passenger car retail rankings with sales of 111,675 units and a 6.8% share.
Tesla ranked ninth in the overall passenger car market in March, capturing a 3.4% share of the overall retail market.
In the overall passenger car retail market for the January-March period, Geely ranked first in sales with 526,279 units and a 12.5% share.
BYD ranked second in the overall passenger car market in the January-March period with an 8.9% share. BYD only produces NEVs, while Geely also has a traditional fuel vehicle lineup.
| Ranking | Automaker | Sales | Market Share |
|---|---|---|---|
| 1 | Geely | 526,279 | 12.5% |
| 2 | BYD | 377,004 | 8.9% |
| 3 | FAW-Volkswagen | 318,237 | 7.5% |
| 4 | Changan | 261,252 | 6.2% |
| 5 | SAIC-Volkswagen | 216,480 | 5.1% |
| 6 | Chery | 204,513 | 4.8% |
| 7 | GAC Toyota | 171,584 | 4.1% |
| 8 | FAW Toyota | 154,905 | 3.7% |
| 9 | BMW Brilliance | 122,913 | 2.9% |
| 10 | SAIC-GM-Wuling | 118,746 | 2.8% |
