Q1 2025 Overview

From January to March, China's total bus exports reached 15,711 units, marking a year-on-year (YoY) growth of 32.37%.

Golden Dragon Maintains Leadership, King Long and Yutong Follow

Golden Dragon secured the top spot with 3,134 units exported, surging 128.09% YoY and capturing 19.95% market share. Its performance remained stable and robust.

King Long ranked second, exporting 2,656 units (+95.29% YoY), holding 16.91% market share—a rise of over 2 percentage points from the first two months.

Yutong climbed from fifth to third place, shipping 2,057 units with 13.09% market share, up nearly 5 percentage points from the previous two months.

Among the top 10 exporters in Q1, six achieved YoY growth. Golden Dragon led with its 128.09% surge, the only company to double its exports YoY.

March 2025 Highlights: King Long, Golden Dragon, Yutong Lead

In March, China exported 6,903 buses (over 3.5 meters), up 47.97% YoY and 69.52% month-on-month (MoM). This "double growth" was particularly impressive given the high export base in March 2024, bolstering confidence in long-term export recovery.

King Long reclaimed the monthly crown with 1,378 units exported, soaring 200.22% YoY and 87.23% MoM, securing 19.96% market share—up nearly 2 percentage points from February.

Yutong leaped from sixth in February to second place, exporting 1,318 units (+38.16% YoY, +322.44% MoM), capturing 19.09% market share—a gain of over 11 percentage points.

Golden Dragon took third with 1,060 units (+40.40% YoY, +51.21% MoM), holding 15.36% market share.

Of the top 10 exporters in March:8 achieved YoY growth, with King Long topping the list at 200.22% (also the monthly sales champion).

BYD (+154.84%) and Foton AUV (+120.17%) also doubled their YoY exports.

7 recorded MoM growth, led by Asiastar (+352.94%) and Yutong (+322.44%)—both exceeding 300% MoM.

Notably, 6 companies achieved both YoY and MoM growth, and the top three each exceeded 1,000 units in monthly sales—a rare feat reflecting post-holiday export momentum.

Source : www.chinabuses.org

Editor : Lucy

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