BYD remained China’s top seller of new energy passenger vehicles in March, while Tesla slipped to fourth place in the monthly retail rankings, according to data released by the China Passenger Car Association on Friday.
BYD sold 194,131 passenger new energy vehicles in China in March, up 118.9% from February but down 33.1% from a year earlier, CPCA data showed.
The automaker held a 22.8% share of China’s passenger NEV retail market in March, up from 19.1% in February.
Geely Auto ranked second with NEV retail sales of 96,842 units, giving it an 11.4% market share, while Changan Automobile placed third with 68,089 units sold and an 8.0% share.
Tesla’s China retail sales totaled 56,107 units in March, up 46.9% from February but down 24.3% from a year earlier.
That left Tesla in fourth place with a 6.6% share of the market, down from third place and an 8.2% share in February.
Li Auto ranked fifth with 41,053 units sold and a 4.8% market share, posting 11.9% year-on-year growth.
Nio ranked seventh with 35,383 units sold, representing a 4.2% market share and 136.7% year-on-year growth.
For the January-March period, BYD remained the top NEV seller with 377,004 units and a 19.8% market share, followed by Geely with 265,613 units and a 13.9% share.
Tesla ranked fourth in first-quarter NEV retail sales with 112,798 units and a 5.9% share.
In China’s broader passenger car market, which includes internal combustion vehicles, BYD ranked first in March with an 11.8% market share, while Geely placed second and Changan third.
For the January-March period, Geely led the overall passenger car retail market with 526,279 units sold, ahead of BYD, according to CPCA.
