China EV August- BYD Takes Top Spot, Tesla Falls Out of Top 3

[beijingwalker]

China EV August- BYD Takes Top Spot, Tesla Falls Out of Top 3​

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New energy passenger vehicles still maintained an upward growth trend in China, with sales of 530,000 units in August, up 111.4 % year-on-year and 9 % month-on-month. So what are the top 10 car companies?

Sep-16-2022

Top 1: BYD -Sales Volume 168,885 Units​

Not only did BYD take the No. 1 spot in August, but it also set a new record for best sales, a long way from No. 2. BYD's concentrated explosion in the new energy is mainly due to the launch of the DM-I super hybrid system, excellent fuel consumption performance, and green card so that many families are willing to choose it. At the same time, the good reputation brought by DM-I also promoted the development of pure electric vehicle sales. A number of reasons have contributed to BYD's horrible sales performance. EV charger, EV charging stations

BYD definitely becomes the King of the EV Market in China. WEEYU provides the EV Charger and Charging Stations to those Phev and BEVs with GB/T, CCS Type 2, CCS Type 1 standards. EV charge

Top 2 : SAIC GM Wuling- Sales Volume 36,173 Units​

SAIC-GM-Wuling ranked second, where most of the sales are provided by Hongguang MINI EV. The main reason for the popularity of the Hongguang MINI EV is that it solves consumers' commuting problems at a price that everyone can accept. At the same time, Wuling also launched Macaron, GameBoy, and other derivative models, so that Hongguang MINI EV becomes more fashionable, especially the recently launched convertible model, the number of reservations exceeded 100,000. EV charger, EV charging station

Top 3: Geely Automobile -Sales Volume 35,567 Units​

The growth of the Geely brand in the new energy field is evident for all to see, which is mainly due to the common loading of the Raytheon hybrid system, which has significantly improved its competitiveness. Meanwhile, high-end electric car brand Krypton delivered more than 7,000 units in August, and the number is likely to continue to rise. EV Charg

Top 4: Tesla China - Sales Volume 34,502 Units​

As supply chain capacity returned to normal, Tesla's Model Y and Model 3 delivery times were shortened, helping Tesla break into the top five in August. Tesla has never been short of sales. Monthly sales figures are mainly based on the capacity of its GIGA factory in Shanghai and the volume of exports to Europe. EV Cha

Right now the EV market in China is a dog-eat-dog situation, all the EV brands are racking their wits about taking the market share. BYD -Build your dream is a leading and diligent EV brand, taking the top 1 position in the EV market in China. Now BYD is also starting its warpath worldwide. Let's see how they will play the role in the worldwide EV market.

WEEYU is also a diligent EV charger brand manufacturer in China, not only supplying DC charging stations for the domestic market, working with the State grid, and power investment group China. Helping build a charging network in China. We are also providing the ODM OEM service for AC charging stations for GB/T, CCS Type 1, CCS Type 2 EV charging stations. Now our chargers are CE, Rohs, and UL listed.

https://www.wyevcharger.com/news/byd-takes-top-spot-tesla-falls-out-of-top-3

 

[beijingwalker]

China sales rebound in August, New vehicle sales in China surged 32%​

Market continued to recover strongly last month following strict lockdowns

September 16, 2022

New vehicle sales in China surged 32% to 2,383,000 units in August 2022 from 1,799,000 units a year ago, according to the China Association of Automobile Manufacturers (CAAM).

The market continued to rebound strongly last month following strict lockdowns imposed on major cities across the country in the first half of the year under the government’s zero covid policy.

Supply chain bottlenecks continued to ease despite electricity shortages in some regions in August, including in Sichuan and Chongqing, with strong pent up demand continuing to lift sales.


Vehicle purchase tax was halved in June, to 5% from 10%, until the end of the year on fuel efficient passenger vehicles costing up to CNY300,000 (US$45,000) and with engines no larger than two litres. This has given sales an additional boost, along with other economic stimulus measures introduced by the central government in recent months.

Total sales in the first eight months of 2022 were up 2% to 16,860,000 units from 16,555,000 a year earlier, with volume plunging 24% in the three months to the end of May due to Covid lockdowns.

Passenger vehicle sales increased 12% to 14,655,000 units year to date, driven mainly by surging new energy vehicle (NEV) sales while commercial vehicle sales plunged 36% to 2,206,000 units.

Sales of NEVs, mainly electric and hybrid models, surged 107% to 666,000 units in August with sales of BEVs rising 93% to 522,000 units. YTD NEV sales rose 114% to 3,860,000 units, including 3,040,000 BEVs.

Manufacturer performance

The country’s largest automaker, Shanghai based SAIC Motor, saw global group sales rise 13% year on year to 512,081 units in August, pushing the YTD tally up 5% to 3,253,132 units. Exports rebounded 66% to 100,840 vehicles last month and 57% to 579,851 YTD.

SAIC-Volkswagen sales YTD increased 15% to 832,003 units while, in contrast, SAIC-GM sales were down 5% at 741,884 units reflecting the automaker’s struggle with the global semiconductor shortage. SAIC-GM-Wuling deliveries were just slightly higher at 912,191 YTD while SAIC Motor’s own passenger vehicle sales rose 29% to 536,316 units and the wholly-owned SAIC-Maxus subsidiary reported an 8% drop to 130,383 units.

GAC Group sales surged 78% to 217,800 vehicles in August and 19% to 1,329,390 units YTD with GAC Toyota’s YTD tally up 25% to 668,800 units while GAC Honda sales were almost 6% higher at 503,923 units.

BYD global NEV sales jumped 188% to 173,977 vehicle in August while YTD sales surged 274% to 974,300 units.

Last March, the company switched its entire product line to NEVs.

China sales rebound in August

Market continued to recover strongly last month following strict lockdowns

www.just-auto.com

 

[Beast]

RIP Tesla... I hope China Nio or other China EV brand can absorb the workforce from Shanghai Tesla since they will be out of job soon...

@F-22Raptor @Hamartia Antidote
I guess the earlier smug from your face in Jan 2022 must have wipe off from now.. Now I am smiling hard and I am collecting Nio share price!

I told you China market is control by Xi and you think you are very smart early when Tesla sales are booming in late 2021. Dont offend the Chinese. Be good to your customers becos we dictate where our money goes.

You need to praise the China now instead of your anti-China stance. Need to kowtow to China more.