Golden Dragon Grew by 273%:Large- and Medium-Sized New Energy Bus Sales in July,2022

August 17,2022

According to the latest statistics, China sold 3,394 units large- and medium-sized new energy buses (six-meter in length and above) in July, up by 9.06% year on year, down by 21.25% month on month. In comparison, its sales volume of fossil fueled large- and medium-sized buses went down by 19.55%, standing at 5,342 units. For the detailed information of the top ten players in the new energy bus market in July, please refer to Table 1 below.

Table 1

R Brand Sales in July Y/Y Growth M/M Growth Market Share
1 Yutong 665 -0.30% -9.89% 19.59%
2 Golden Dragon 325 273.56% -39.14% 9.58%
3 Skywell 310 520.00% 256.32% 9.13%
4 BYD 278 122.40% 109.02% 8.19%
5 Higer 252 22.33% -44.86% 7.42%
6 Foton AUV 227 33.53% 18.85% 6.69%
7 Geely Commercial 208 Net Growth 4060.00% 6.13%
8 Zhongtong 204 -7.27% 18.60% 6.01%
9 Ankai 177 77.00% -9.23% 5.22%
10 Sunwin 122 Net Growth -57.93% 3.59%
  Total 3,394 9.06% -21.25% 100.00%

From January to July, China’s sales volume of large- and medium-sized new energy buses reached 23,144 units, up by 7.09% year on year and showing signs of recovery. In sharp contrast, the sales volume of large- and medium-sized buses powered by fossil fuel dropped by 24.46%, recording at 38,786 units. For the detailed information of the top ten players in the new energy bus market in this period, please refer to Table 2 below.

Table 2

R Brand Sales, Jan.-Jul., 2022 Sales, Jan.-Jul., 2021 Y/Y Growth
1 Yutong 4,391 4,467 -1.70%
2 BYD 2,884 2,743 5.14%
3 Zhongtong 1,816 1,943 -6.54%
4 Foton AUV 1,736 649 167.49%
5 Golden Dragon 1,660 562 195.37%
6 Higer 1,481 1,095 35.25%
7 King Long 1,291 1,284 0.55%
8 CRRC Electric 1,127 1,946 -42.09
9 Gree Altairnano 994 1,539 -35.41%
10 Cherry Wanda 941 375 150.93%
  Total 23,144 21,612 7.09%

The market shares of the top ten players in the new energy bus market in the first seven months also witnessed some changes. For detailed information, please refer to Table 3 below.

Table 3

R Brand Market Share, Jan.-Jul., 2022 Market Share, Jan.-Jul., 2021 Up/Down
1 Yutong 18.97% 21.59% -2.62%
2 BYD 12.46% 12.69% -0.23%
3 Zhongtong 7.85% 8.99% -1.14%
4 Foton AUV 7.50% 3.00% 4.50%
5 Golden Dragon 7.17% 2.60% 4.57%
6 Higer 6.40% 5.07% 1.33%
7 King Long 5.58% 5.94% -0.36%
8 CRRC Electric 4.87% 5.21% -0.34%
9 Gree Altairnano 4.29% 4.60% -0.31%
10 Cherry Wanda 4.07% 1.74% 2.33%

 

Source : www.chinabuses.org

Editor : Isabella

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