China’s electric car sales are sizzling! Top dog BYD is still king, but Tesla’s back in the game. Homegrown brands are growing fast too. Buckle up, this EV race is just getting started!
This is some data from (April 22nd – 28th) of 2024 reveals continued robust growth in China’s electric vehicle (EV) market.
- BYD: The undisputed leader, BYD maintained its dominance with a staggering 64,000 units sold. This represents a 7.56% increase compared to the previous week.
- Tesla: Tesla experienced a significant surge, recording 14,800 units sold. This marks a remarkable 184.62% increase from last week.
- Li Auto: Li Auto demonstrated solid growth, selling 7,100 units, a 57.78% increase from the prior week.
- Aito (Huawei): Backed by Huawei, Aito achieved moderate growth with 7,000 units sold.
- Nio: Nio saw decent sales with 5,000 units registered.
- Xiaomi: The new player in the market, Xiaomi, managed to sell 1,700 units in this week.