BYD's NEV Dominance
STATE OF CHINA'S AUTO INDUSTRY
There is a widening gap in performance among the NEV
market leaders in 2023
No. Group
3/2023 Sales
YOY
No.
Model
3/2023 Sales
YoY
1
BYD
192,289
86.3%
1
Tesla Model Y
54,937
38.3%
2
Tesla
76,663
16.6%
2
BYD Qin
43,230
74.4%
3
GAC (Aion)
40,016
97.0%
3 *
BYD Song
40,114
50.1%
4
SGM - Wuling
27,848
-40.5%
4 *
BYD Yuan Plus
27,907
178.6%
5
Geely
26,923
97.5%
5
BYD Dolphin
27,687
165.0%
Chang'an
23,779
56.1%
6 *
GAC Aion S
26,392
288.2%
7
*:
Li Auto
20,823
88.7%
7
Hongguang Mini EV
23,159
-44.8%
8
VW*
14,517
6.3%
8
Tesla Model 3
21,726
-16.5%
ΝΙΟ
10,378
88.7%
9
BYD Han
13,834
12.1%
10
GWM
new
8,462
-43.6%
10*
GAC Aion Y
13,267
39.6%
The price war is forcing a restructuring of the market, with
a widening gap in performance among the market leaders
Source: CPCA, Automobility analysis *includes VW-SAIC and VW-FAW
Automobility Ltd
14View entire presentation