What to Know About china NEV export share in August: BYD leads with 35.4%, Tesla slips to fourth
| Ranking | Automaker | NEV Exports | Market Share |
|---|---|---|---|
| 1 | BYD | 183,746 | 35.4% |
| 2 | Geely | 69,910 | 13.5% |
| 3 | Chery | 68,431 | 13.2% |
| 4 | Tesla China | 36,119 | 7.0% |
| 5 | Changan | 28,323 | 5.5% |
| 6 | SAIC Passenger Vehicle | 24,991 | 4.8% |
| 7 | Leapmotor | 18,255 | 3.5% |
| 8 | SAIC-GM-Wuling | 17,376 | 3.4% |
| 9 | Xpeng | 8,125 | 1.6% |
| 10 | GAC Aion | 7,575 | 1.5% |
- BYD exported 183,746 NEVs in August, with its share rising 3.2 percentage points from July.
- Tesla China’s exports fell 45.5% sequentially, with its share dropping to 7.0% from July’s 12.3%.
BYD (HKEX: 1211) continued to lead China’s passenger new energy vehicle (NEV) exports in August, while Geely Auto (HKEX: 0175) rose to second and Tesla (NASDAQ: TSLA) China slipped to fourth.
BYD exported 183,746 passenger NEVs in August, up 130.8% year-on-year and 5.8% month-on-month. Its share rose to 35.4% from July’s 32.2%, according to rankings released by the China Passenger Car Association (CPCA) on Wednesday.
Geely exported 69,910 NEVs in August, up 440.2% year-on-year and 15.4% month-on-month. It held a 13.5% share, climbing to second from fourth in July.
Chery (HKEX: 9973) ranked third with 68,431 vehicles, up 221.2% year-on-year but down 17.3% month-on-month, for a 13.2% share.
Tesla China exported 36,119 vehicles in August, up 38.7% year-on-year but down 45.5% month-on-month. The US electric vehicle (EV) maker’s share fell to 7.0% from July’s 12.3%, as it dropped 1 place in the rankings.
Changan Automobile (SZSE: 000625) ranked fifth with 28,323 vehicles, up 8.1% month-on-month, for a 5.5% share.
SAIC Passenger Vehicle ranked sixth with 24,991 vehicles, up 0.9% month-on-month, for a 4.8% share.
Leapmotor (HKEX: 9863) held seventh place with 18,255 vehicles, up 209.2% year-on-year and 3.9% month-on-month, for a 3.5% share.
SAIC-GM-Wuling ranked eighth with 17,376 vehicles, up 22.7% month-on-month, for a 3.4% share.
Xpeng (NYSE: XPEV) rose to ninth with 8,125 vehicles, despite a 16.2% month-on-month decline in exports. GAC Aion ranked tenth with 7,575 vehicles. Their shares were 1.6% and 1.5%, respectively.
From January through August, BYD exported 1,126,797 NEVs, up 87.5% year-on-year, ranking first with a 33.9% share.
| Ranking | Automaker | NEV Exports | Market Share |
|---|---|---|---|
| 1 | BYD | 1,126,797 | 33.9% |
| 2 | Chery | 441,500 | 13.3% |
| 3 | Geely | 405,911 | 12.2% |
| 4 | Tesla China | 331,443 | 10.0% |
| 5 | SAIC Passenger Vehicle | 174,545 | 5.2% |
| 6 | Leapmotor | 132,118 | 4.0% |
| 7 | Changan | 107,805 | 3.2% |
| 8 | SAIC-GM-Wuling | 92,798 | 2.8% |
| 9 | Dongfeng | 83,222 | 2.5% |
| 10 | GAC Aion | 60,917 | 1.8% |
Chery held second place with 441,500 vehicles, up 177.5% year-on-year, for a 13.3% share.
Geely ranked third with 405,911 vehicles, up 565.8% year-on-year, for a 12.2% share.
Tesla China exported 331,443 vehicles over the same period, up 114.7% year-on-year, ranking fourth with a 10.0% share.
SAIC Passenger Vehicle ranked fifth with 174,545 vehicles and a 5.2% share. Leapmotor ranked sixth with 132,118 vehicles, up 327.8% year-on-year, for a 4.0% share.
Changan, SAIC-GM-Wuling, Dongfeng and GAC Aion ranked seventh through tenth, respectively.
Overall passenger vehicle exports
| Ranking | Automaker | Exports | Market Share |
|---|---|---|---|
| 1 | Chery | 193,069 | 21.8% |
| 2 | BYD | 183,746 | 20.7% |
| 3 | Geely | 109,375 | 12.3% |
| 4 | SAIC Passenger Vehicle | 69,208 | 7.8% |
| 5 | GWM | 55,999 | 6.3% |
| 6 | Changan | 48,890 | 5.5% |
| 7 | Tesla China | 36,119 | 4.1% |
| 8 | SAIC-GM-Wuling | 34,000 | 3.8% |
| 9 | Leapmotor | 18,255 | 2.1% |
| 10 | Yueda Kia | 15,085 | 1.7% |
In the overall passenger vehicle export market, which includes conventional internal combustion engine vehicles, Chery held first place in August with 193,069 vehicles. That was up 52.3% year-on-year but down 3.0% month-on-month, giving it a 21.8% share.
BYD ranked second with 183,746 vehicles and a 20.7% share, narrowing its gap with Chery to 1.1 percentage points from July’s 2.8 percentage points.
Geely ranked third with 109,375 vehicles, up 203.2% year-on-year and 3.0% month-on-month, for a 12.3% share.
SAIC Passenger Vehicle ranked fourth with 69,208 vehicles and a 7.8% share. GWM (HKEX: 2333) rose to fifth with 55,999 vehicles and a 6.3% share.
Changan ranked sixth with 48,890 vehicles, while Tesla China slipped to seventh with 36,119 vehicles. Their shares were 5.5% and 4.1%, respectively.
SAIC-GM-Wuling, Leapmotor and Yueda Kia ranked eighth through tenth, with shares of 3.8%, 2.1% and 1.7%, respectively.
From January through August, Chery held first place in overall passenger vehicle exports with 1,323,718 vehicles, up 67.6% year-on-year, for a 21.7% share.
| Ranking | Automaker | Exports | Market Share |
|---|---|---|---|
| 1 | Chery | 1,323,718 | 21.7% |
| 2 | BYD | 1,126,797 | 18.5% |
| 3 | Geely | 688,051 | 11.3% |
| 4 | SAIC Passenger Vehicle | 546,976 | 9.0% |
| 5 | GWM | 365,116 | 6.0% |
| 6 | Tesla China | 331,443 | 5.4% |
| 7 | Changan | 256,639 | 4.2% |
| 8 | SAIC-GM-Wuling | 213,691 | 3.5% |
| 9 | Leapmotor | 132,118 | 2.2% |
| 10 | Dongfeng | 123,117 | 2.0% |
BYD ranked second with 1,126,797 vehicles and an 18.5% share, while Geely ranked third with 688,051 vehicles and an 11.3% share.
SAIC Passenger Vehicle and GWM ranked fourth and fifth, with shares of 9.0% and 6.0%, respectively.
Tesla China held sixth place with a 5.4% share, while Leapmotor ranked ninth with 132,118 vehicles and a 2.2% share.
