China Sold 2,814 Units Medium- and Large-Sized New Energy Buses in October
15 November 2023
According to the latest statistics, China sold a total number of 2,814 medium- and large-sized new energy buses (≥6 meters in length), down by 28.03% month on month, down by 56.2% year on year. The decline of the sales of new energy buses in October 2023 is mainly attributed to the high sales base in September and the week-long national-day holiday in earlier October. For the top ten players in the market, please refer to Table 1 below.
Table 1 Top 10 Players in New Energy Bus Market in October
| Brand | Sales | Y/Y Growth | M/M Growth | Market Share |
| BYD | 701 | 164.53% | 45.44% | 24.91% |
| Higer | 375 | 2.18% | 12.59% | 13.33% |
| Zhongtong | 288 | -53.47% | 24.14% | 10.23% |
| Yutong | 285 | -76.13% | -58.7% | 10.13% |
| Foton AUV | 255 | -64.48% | 37.10% | 9.06% |
| Sunwin | 200 | -20.32% | -38.08% | 7.11% |
| King Long | 181 | -59.14% | 5.23% | 6.43% |
| Ankai | 123 | 167.39% | -26.79% | 4.37% |
| CRRC Electric | 117 | -85.61% | 11.43% | 4.16% |
| Golden Dragon | 88 | -73.49% | -74.27% | 3.13% |
From January to October, China sold 28,218 units medium- and large-sized new energy buses, down by 27.71%. In contrast, the total sales volume of medium- and large-sized buses in the first ten months reached 72,077 units, up by 13.16% year on year. For the detailed information of the top ten players in the market, please refer to Table 2 below.
Table 2 Top 10 Players in the New Energy Bus Market from Jan. to Oct.
| Brand | Sales | Y/Y Growth | Market Share |
| Yutong | 4,608 | -36.12% | 16.33% |
| BYD | 3,509 | -16.95% | 12.44% |
| Foton AUV | 2,736 | -14.07% | 9.70% |
| Golden Dragon | 2,682 | 0.86% | 9.50% |
| King Long | 2,212 | -6.43% | 7.84 |
| Higer | 2,122 | -22.10% | 7.52% |
| CRRC Electric | 1,741 | -40.60% | 6.17% |
| Geely Commercial Vehicle | 1,573 | 208.43% | 5.57% |
| Zhongtong | 1,410 | -54.13% | 5.00% |
| Sunwin | 1,267 | -7.72% | 4.49% |
Source : www.chinabuses.org
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