<p><img src="https://hawk-oss.hawkinsight.com//picture//202406/1188979395_618.jpg" style="width: 100%;">According to the China Passenger Car Association (CPCA), Chinese brands accounted for four of the five best-selling brands in the Chinese market in May.。The market has long been dominated by joint ventures, with BYD last year becoming the first Chinese manufacturer to dominate sales.。Thanks to the rapid electrification of the market, Chinese brands are booming, as evidenced by data in May and so far this year.。Just a few days ago, Li Yunfei, general manager of BYD's brand and public relations department, predicted at the 2024 China Automotive Forum in Chongqing that the share of Chinese brands will reach 80% in the next two years, and is currently about 60%。- Advertising - BYD continued to lead in May, with retail sales up 268,226 vehicles 21.5%, which means that BYD alone accounts for 15% of the Chinese auto market..7%。The only joint venture to make the top five was FAW-Volkswagen, which sold 124,029 vehicles, down -17.5%, market share of 7.3%。Geely is not far from second place with sales of less than 300 cars.。Geely's sales up 31 YoY.6%, the Zhejiang private company currently controls 7.2% market share。Changan Auto despite drop -12.7%, but still ranked fourth, with a market share of 5.6%。Rounding out the top five was the No. 1 Chery Automobile, whose sales rose 59.3%, the Anhui company currently controls 5.2% market share。Also in the top ten are Shanghai Volkswagen, GAC Toyota, Dongfeng Nissan, BMW Brilliance and Tesla China。Ranking Brand Sales Change Year - on - Year Share 1 BYD 268,226 21.5% td > 15.7% 2 FAW - Volkswagen 124,029 - 17.5% 7.3% 3 Geely 123,768 31.6% 7.2% 4 Chang 'an 95,739 - 12.7% 5.6% 5 Chery 88,873 59.3% 5.2% 6 Shanghai Volkswagen 83,713 - 11.9% 4.9% 7 GAC Toyota 69,593-10.2% 4.1% 8 Dongfeng Nissan 61,725 - 0.9% 3.6% 9 BMW Brilliance 55,301-3.2% 3.2% 10 < td > Tesla China 55,215 29.9% 3.2% May Retail Sales of China's Top 10 Brands Sales in May totaled 1.71 million vehicles, down -1.9%。But new energy vehicle sales showed no signs of weakening, with sales up 38.6% or total 804,000。- ADS - These rankings are not an anomaly for May, the January to May data also show a very similar pattern。The only difference is that Shanghai Volkswagen leads Chery in fifth place with sales of about 20,000 vehicles, and the tenth place belongs to the Shanghai-GM-Wuling joint venture, not Tesla.。Chery is once again the star in the data, with sales up 75% year-on-year.7%, Geely also achieved 40.Considerable growth of 2%。Year-on-year change in sales of ranked brands Share 1 BYD 1,108,363 20.0% td > 13.7% 2 FAW - Volkswagen 638,327 - 3.3% < / td > 7.9% 3 Geely 628,171 40.2% 7.8% 4 Chang'an 562,955 9.7% 7.0% 5 Shanghai Volkswagen 427,775 - 1.4% 5.3% 6 Chery 407,736 75.7% 5.1% 7 GAC Toyota 292,377 - 14.8% 3.6% 8 Dongfeng Nissan 271,279 0.0% 3.4% 9 BMW Brilliance 263,868 - 4.0% 3.3% < tr > 10 SAIC GM Wuling 261,903 0.2% 3.2% From January to May, China's top ten brands In terms of new energy vehicle sales, BYD's dominance is even more pronounced, with BYD's market share exceeding the combined market share of the next five manufacturers.。Location Brand Sales YoY Change Share 1 BYD 268,226 21.5% 33.4% 2 Geely 56,172 148.3% 7.0% 3 Tesla China 55,215 29.9% 6.9% 4 Chang 'an 48,777,100.3% 6.1% 5 SAIC GM Wuling 42,491 17.2% 5.3% 6 GAC Eternal Tower 37,148 - 17.5% 4.6% 7 Ideal Car 35,020 23.8% 4.4% 8 Ceres 32,226 491.3% 4.0% 9 Chery 30,630 300.2% 3.8% 10 Great Wall 21,644 3.8% 2.7% Top 10 brands in China's new energy vehicle sales in May Source: Autohome, Fast Tech Science</p>