- In the overall passenger car market, BYD ranked first in retail sales in April with a 13.2% share.
- Tesla failed to enter the top 10 in NEV retail sales in April, as its volume dropped to 25,956 units.
| Ranking | Automaker | NEV Sales | Market Share |
|---|---|---|---|
| 1 | BYD | 182,025 | 21.4% |
| 2 | Geely | 95,585 | 11.3% |
| 3 | Changan | 64,471 | 7.6% |
| 4 | Leapmotor | 57,162 | 6.7% |
| 5 | Xiaomi EV | 36,702 | 4.3% |
| 6 | Chery | 34,768 | 4.1% |
| 7 | SAIC-GM-Wuling | 34,497 | 4.1% |
| 8 | Li Auto | 34,085 | 4% |
| 9 | HIMA | 32,759 | 3.9% |
| 10 | Nio | 29,312 | 3.5% |
BYD (HKEX: 1211) continued to maintain its position as China's largest new energy vehicle (NEV) maker in April, while Tesla (NASDAQ: TSLA) failed to make the top 10 due to a drop in retail sales.
BYD's passenger NEV retail sales in China stood at 182,025 units in April, down 32.3% year-on-year and 6.2% from the previous month, according to rankings released by the China Passenger Car Association (CPCA) on Tuesday.
The company continued to rank first with a 21.4% share in April, down from 22.8% in March, narrowing its lead over second-place Geely Auto (HKEX: 0175).
Geely's NEV retail sales in April were 95,585 units, a decrease of 19.6% year-on-year and 1.3% month-on-month.
Geely ranked second in the Chinese NEV market with an 11.1% share.
Changan Automobile ranked third with retail sales of 64,471 units, capturing a 7.6% share. Its monthly NEV sales achieved a 6.4% year-on-year growth.
Tesla's retail sales in China were 25,956 units in April, down 9.66% from the same period last year and 53.74% from March. This caused the US EV maker to fall out of the top 10 list for NEV retail sales.
Ranking 10th in NEV retail sales was Nio Inc (NYSE: NIO), which captured a 3.5% share with 29,312 units. This sales volume represented a 22.6% year-on-year growth, despite a 17.2% drop from March.
In the March rankings, Nio ranked seventh with retail sales of 35,383 units, accounting for a 4.2% share.
Li Auto ranked eighth in the NEV market in April with retail sales of 34,085 units, capturing a 4.0% share and achieving a 0.4% year-on-year sales growth.
For the January-April period, BYD's NEV retail sales stood at 559,029 units, down 42.1% year-on-year, ranking first with a 20.3% share.
| Ranking | NEV Automaker | Sales | Market Share |
|---|---|---|---|
| 1 | BYD | 559,029 | 20.3% |
| 2 | Geely | 361,198 | 13.1% |
| 3 | Changan | 191,902 | 7% |
| 4 | HIMA | 145,468 | 5.3% |
| 5 | Tesla China | 138,754 | 5% |
| 6 | Li Auto | 129,227 | 4.7% |
| 7 | Leapmotor | 126,416 | 4.6% |
| 8 | Xiaomi EV | 117,558 | 4.3% |
| 9 | Nio | 112,506 | 4.1% |
| 10 | SAIC-GM-Wuling | 112,116 | 4.1% |
Geely's NEV retail sales in the January-April period were 361,198 units, down 18.0% year-on-year, ranking second with a 13.1% share.
Tesla's retail sales in China for the January-April period were 138,754 units, a decrease of 15.1% year-on-year, ranking fifth with a 5.0% share.
In the overall passenger car market, which includes traditional internal combustion engine vehicles, BYD ranked first in retail sales in April.
BYD captured a 13.2% share in the overall market. Geely Auto ranked second with sales of 152,493 units and an 11.0% share.
| Ranking | Automaker | Sales | Market Share |
|---|---|---|---|
| 1 | BYD | 182,025 | 13.2% |
| 2 | Geely | 152,493 | 11% |
| 3 | Changan | 94,142 | 6.8% |
| 4 | FAW-Volkswagen | 74,995 | 5.4% |
| 5 | Chery | 66,439 | 4.8% |
| 6 | Leapmotor | 57,162 | 4.1% |
| 7 | GAC Toyota | 54,116 | 3.9% |
| 8 | SAIC-Volkswagen | 45,800 | 3.3% |
| 9 | GWM | 44,012 | 3.2% |
| 10 | SAIC-GM-Wuling | 42,200 | 3.1% |
Changan ranked third in the overall passenger car retail rankings with sales of 94,142 units and a 6.8% share.
Tesla failed to enter the top 10 in the overall passenger car market in April.
In the overall passenger car retail market for the January-April period, Geely ranked first in sales with 678,772 units and a 12.1% share.
| Ranking | Automaker | Sales | Market Share |
|---|---|---|---|
| 1 | Geely | 678,772 | 12.1% |
| 2 | BYD | 559,029 | 10% |
| 3 | FAW-Volkswagen | 393,232 | 7% |
| 4 | Changan | 355,394 | 6.3% |
| 5 | Chery | 270,952 | 4.8% |
| 6 | SAIC-Volkswagen | 262,280 | 4.7% |
| 7 | GAC Toyota | 225,700 | 4% |
| 8 | FAW Toyota | 194,869 | 3.5% |
| 9 | SAIC-GM-Wuling | 160,946 | 2.9% |
| 10 | BMW Brilliance | 154,846 | 2.8% |
BYD ranked second in the overall passenger car market for the January-April period with a 10.0% share.
BYD only produces NEV models, including battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) models. Tesla only produces BEV models. Geely and Changan both have traditional fuel vehicle lineups.
