In August 2024, China exported 1,563 new energy buses (over 3.5 meters), marking a significant year-on-year increase of 164.02% and a month-on-month growth of 64.7%.

 

In August, BYD maintained its leading position with 479 new energy buses exported, showing a year-on-year surge of 383.84% and a month-on-month growth of 79.4%, accounting for 30.65% of the market share.

 

Golden Dragon Buses jumped to second place, with 291 new energy buses exported, demonstrating a year-on-year growth of 58.15% and a staggering month-on-month increase of 561.36%, capturing 18.62% of the market share and experiencing a nearly 14-percentage-point increase compared to July, indicating rapid growth momentum.

 

Higer Buses rose to third place, exporting 208 new energy buses, with a year-on-year growth of 79.31% and a month-on-month surge of 181.08%, securing 13.31% of the market share and seeing an over 5-percentage-point increase from July, showcasing an impressive performance.

 

Among the top ten companies, at least seven achieved year-on-year growth, with Zhongtong Buses leading the way with a remarkable increase of 740%. At least seven companies also saw month-on-month growth, with Golden Dragon Buses topping the list with a 561.36% increase. Other companies with doubled month-on-month growth include Higer Buses with 181.08% and Zhongtong Buses with 121.05%. At least six companies achieved both year-on-year and month-on-month "double growth," all with significant increases, highlighting the impressive results of new energy bus exports in August.

 

From January to August 2024, China exported 7,503 new energy buses, marking a year-on-year growth of 2.01%, reversing the previous seven-month decline of 12.17%, which is truly inspiring.