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Reading: Chinese automaker BYD leads the market in August sales, a remarkable achievement considering the stiff competition from established players.
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The Future Automobile > Electric Cars > Chinese automaker BYD leads the market in August sales, a remarkable achievement considering the stiff competition from established players.
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Chinese automaker BYD leads the market in August sales, a remarkable achievement considering the stiff competition from established players.

8 months ago 4 Min Read
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BYD dominates Chinese sales in August
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While it’s easy to attribute the “its BYD and all the rest” notion solely to the advertising and PR machine, the stark reality is that BYD’s impressive growth is substantiated by its robust sales figures. Recently, Yiche achieved a milestone by compiling the top-40 list of best-selling home cars. A closer examination of the document suggests it initially appears to pertain solely to electric vehicles, but further analysis reveals its intended scope is actually far more comprehensive, encompassing a wider audience. Despite the notable penetration rate of NEVs in August standing at a substantial 53.9%, this development may not be entirely surprising.

1 BYD Seagull 46,830
2 BYD Qin Plus 42,765
3 BYD Track Plus 39,799
4 BYD Qin L 35,957
5 BYD Seal 06 32,903
6 BYD Yuan Plus (Atto 3) 27,046
7 Wuling Hongguang Mini EV 26,461
8 Li L6 24,897
9 Wuling Bingo 22,185
10 BYD Destroyer 05 22,180
11 BYD Yuan Up 19,344
12 BYD Track Professional 19,288
13 Geely Xingyue L (Monjaro) 17,026
14 Aito M9 16,955
15 BYD Dolphin 15,984
16 BYD Track L DM-i 15,750
17 Changan Lumin 15,701
18 BYD Han 15,326
19 Aion Y 15,166
20 Chery Tiggo 8 13,430
High 20 Fashion Records from Home Manufacturers by Yiche

Within the global automotive landscape, BYD dominates the top six positions in sales charts, boasting an impressive 12 models within the top 20 ranks alone. Among the top 10 manufacturers, only BYD stood out, while Wuling took two spots: its Mini EV secured seventh place, and the Bingo landed at ninth. Meanwhile, Li Auto secured an impressive eighth-place finish with its L6 model.

21 Xiaomi SU7 13,111
22 Changan CS75 Plus 12,558
23 Geely Galaxy E5 12,227
24 Aion S 12,169
25 BYD Tang 12,114
26 Hongqi H5 12,021
27 Changan Eado 11,864
28 Aito M7 11,265
29 Jetour X70 11,221
30 Geely Panda 11,122
31 Jetour Traveller 10,887
32 Chery Arrizo 8 10,743
33 Geely Preface 10,569
34 Geely Boyue L 10,437
35 Li L7 10,307
36 Haval Huge Canine 10,066
37 Hongqi E-QM5 9,782
38 Denza D9 9,181
39 Zeekr 001 8,481
40 Geely Coolray 8,048
The top 20 positions in the High 40 are held by some remarkable artists and songs.

Let’s take a closer look at the entire Top 40? Many producers are finding it challenging to identify effective fashion trends, including several well-established industry leaders. One of the largest state-owned enterprises (SOEs) listed is Changan, followed by GAC’s Aion and FAW’s Hongqi. While it could be argued that Shanghai Automotive Industry Corporation (SAIC) should be considered due to its significant ownership stake in Wuling, a more nuanced understanding is warranted given that SAIC only manages less than half of the company. Notably, Nice Wall, an iconic and dynamic company with a rich history, surprisingly lags behind its competitors, only ranking 36th, while the Havel Huge Canine claims the top spot. While Geely’s financials aren’t as robust as BYD’s, it still fares better than NIO’s.

See also  Toyota's Sliding Sales: A Price War with BYD and Chinese EV Makers Takes Its Toll?

The Chinese technology giant Xiaomi has succeeded in claiming the top spot in terms of market value in the city of?st place with its SU7. Backed by Huawei, Aito secured a notable 14th position at the M9 competition and an impressive 28th ranking at the M7 event.

Supply: Quick Know-how

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TAGGED: Electric, Electric Vehicles
TheFuture Automobile September 15, 2024 September 15, 2024
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