The China Passenger Car Association (CPCA) said that in November 2023, the Chinese auto market continued to perform strongly, with new car sales reaching 2.08 million。This number increased by 2 from the previous month..3%, a significant increase of 26.1%。It is worth noting that the new energy vehicle (NEV) sector has played an important role, with cumulative sales of 55.20,000 electric vehicles (EV) and 28.90,000 plug-in hybrid electric vehicles (PHEV), accounting for 40% of total vehicle sales.4%。

November's impressive growth is largely due to two factors。First, China was severely affected by the COVID-19 pandemic in the same period last year, resulting in lower-than-normal auto production and sales。Second, internal combustion engine (ICE) companies are offering substantial discounts to stimulate sales in response to the increasing prominence of electric vehicles, which also affects current market dynamics。

Note: The sales data in this article are from the China Passenger Car Association: The statistical basis of the China Passenger Car Association is the retail sales of passenger cars produced in China.。Sales figures do not include imported cars and commercial models。Brand sales do not include sub-brands。

Market dominance and brand ranking

Chinese automaker BYD (BYD) held onto the top spot for Chinese car brand sales this month with 250,115 units, up 17.2%, market share reached 12.02%。This marks the tenth consecutive month that BYD has won the top spot in China's auto market sales.。

While BYD maintained its advantage, Volkswagen's sales also rebounded significantly, ranking second with 207,423 units, up 31.2%, market share reached 9.97%。

Toyota held on to third place, selling 141,746 vehicles, up 17.1%, occupying 6.81% market share。

Geely and Honda were in the top five, selling 107,557 and 106,377 vehicles, respectively.。Geely sales surge 40.5%, occupied 5.17% market share, while Honda achieved 5.11% market share。

BYD has an eye-catching performance in China's new energy vehicle market segment, with outstanding performance in both electric vehicles and hybrid vehicles。In China's electric car market, BYD has a 25% market share。It is worth noting that BYD's advantage in the PHEV market is more obvious, with a market share of 42% in the month.。

Pure Electric Vehicle Market

In the pure electric vehicle market, BYD continued to maintain its leading position, selling 133,785 vehicles, accounting for 27.03% market share。

Tesla followed with sales of 65,504 vehicles, ranking second.。Tesla's upgraded Model 3 has contributed significantly to its sales, surpassing 15,000 units.。

The third, fourth and fifth places in the electric vehicle sales list were won by Wuling, Ean and Volkswagen respectively。

The most popular models

In November 2023, the top three cars sold in China were:

Tesla Model Y: impressive sales of 49,877 vehicles。

BYD Seagull: ranked second with 40,594 sales。

◇ Nissan Sylphy: ranked third with 39,105 sales。