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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