China Sold 6,381 Units Buses Above 7-Meter in Length in August

September 17,2021

According to the latest statistics, China sold 6,381 units medium- and large-sized buses (above 7-meter in length) in August, down by 21.97% year on year, up by 11.8% against that in July. The data show that the market was slowly recovering. For the detailed information, please refer to Table 1 below.

Table 1 Bus Sales of Major Brands in August

Ranking Brand Sales (U) Growth Rate (Y) Growth Rate (M) Market Share
1 Yutong 2,938 -26.29% 49.29% 46.04%
2 Higer 815 186.97% 48.18% 12.77%
3 BYD 524 -46.96% 333.06% 8.21%
4 Golden Dragon 477 53.38% 58.47% 7.48%
5 King Long 355 -30.12% 23.26% 5.56%
6 Zhongtong 355 -34.38% -32.38 5.56%
7 Foton AUV 208 23.08% -41.41% 3.26%
8 Ankai 147 67.05% -5.77% 2.30%
9 CRRC Electric 100 -8.26% -76.58% 1.57%
10 Shangrao Bus 65 -59.88% -44.92% 1.02%

It is revealed that the combined sales of the top ten players accounted for 93.77% of the industry’s total sales volume.

From January to August, China’s total sales volume of buses reached 51,873 units, down by 3.36% year on year. For the detailed information, please refer to Table 2 below.

Table 2 Bus Sales of Major Brands from January to August

Ranking Brand Sales in 2021 Sales in 2020 Growth Rate (Y)
1 Yutong 21,342 18,600 14.74%
2 Higer 4,653 3,103 49.95%
3 King Long 3,793 4,218 -10.08%
4 Zhongtong 3,240 5,502 -41.11%
5 BYD 2,865 4,677 -38.74%
6 Golden Dragon 2,831 2,482 14.06%
7 CRRC Electric 2,028 1,716 18.18%
8 Foton AUV 1,645 3,174 -42.18%
9 Yinlong 1,418 527 169.07%
10 Ankai 1,335 1,647 -18.94%

The market share of the top ten players in the market witnessed some changes. For the detailed information, please refer to Table 3 below. From the table, it is clear that the combined market share of the top ten players in the market moved upward slightly by two percentage points, from 85.03% from January to August in 2020 to 87.03% in the same period this year.

Table 3 Market Shares of Top Ten Brands from January to August

Ranking Brand 2021 2020 Change
1 Yutong 41.14% 34.65% 6.49
2 Higer 8.97% 5.78% 3.19
3 King Long 7.31% 7.86% -0.55
4 Zhongtong 6.25% 10.25% -4.0%
5 BYD 5.52% 8.71% -3.19%
6 Golden Dragon 5.46% 4.62% 0.84%
7 CRRC Electric 3.91% 2.20% 0.71%
8 Foton AUV 3.17% 5.91% -2.74%
9 Yinlong 2.73% 0.98% 1.75%
10 Ankai 2.57% 3.07 -0.50%

 

Source : www.chinabuses.org

Editor : Isabella

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