China Sold 3,910 Units Medium- and Large-Sized New Energy Buses in September

18 October 2023

According to the latest statistics, China sold 3,910 units medium- and large-sized buses (six-meter in length and above) in September, up by 26.29% month on month, but down by 36.12% year on year. In comparison, China’s total sales volume of medium- and large-sized buses stood at 8,773 units, down by 2.94% year on year. Due to the withdrawal of subsidies for new energy vehicles and the restructuring of the strategic restructuring of China’s economy, the demand for new energy buses remains flat. For the detailed information of the top ten players in the market, please refer to Table 1 below.

Table 1 Top 10 Players in China’s New Energy Bus Market in September

  Sales Volume Y/Y Growth M/M Growth Market Share
Yutong 690 -24.18% 1.17% 17.65%
Geely 499 175.69% 202.42% 12.76%
BYD 482 122.12% 298.35% 12.33%
Golden Dragon 342 -2.84% 29.55% 8.75%
Higer 332 -39.64% 6.75% 8.49%
Sunwin 323 -27.58% 60.70% 8.26%
Zhongtong 232 -37.3% 69.34% 5.93%
Foton AUV 186 -64.57% 84.16% 4.76%
King Long 172 -61.69% -55.67% 4.40%
Ankai 168 26.32% 29.23% 4.30%

From January to September this year, China’s total sales volume of new energy buses stood at 25,404 units, down by 34.12% year on year. In comparison, China’s total sales volume of medium- and large-sized buses reached 65,371 units, up by 20.48% year on year. For the detailed information of the top ten players in China’s bus market, please refer to Table 2 below.

Table 2 Top 10 Players in China’s New Energy Bus Market from Jan. to Sept.

  Sales Volume Y/Y Growth Market Share
Yutong 4,323 -28.18% 17.02%
BYD 2,808 -29.09% 11.05%
Golden Dragon 2,594 11.47% 10.21%
Foton AUV 2,481 0.61% 9.77%
King Long 2,031 5.73% 7.99%
Higer 1,747 -25.88% 6.88%
CRRC Electric 1,624 -23.32% 6.39%
Geely 1,573 244.20% 6.19%
Zhongtong 1,122 -54.3% 4.42%
Sunwin 1,067 -4.90% 4.20%

 

Source : www.chinabuses.org

Editor : Lucy

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