Chinese Market 2024 Sales Ranking by Model
C and D segment NEV models dominate sales
2025/03/14
- Summary
- 2024 Sales Ranking by Model
- C and D segment NEV models dominate sales
Summary
In terms of new car sales volume (factory shipments) in China in 2024, Tesla's Model Y was first in the rankings by model, following its ranking in 2023. In second place was BYD's Song PLUS, followed by BYD's Seagull in third place. BYD models accounted for nine of the top 20 models, a significant jump from six models in 2023.
The share of NEV sales in the Chinese market grew to 39% in 2024 (30% in 2023). In particular, the number of NEV models in the C and D segments (mid-size) is increasing, and this trend is expected to continue for the foreseeable future.
Note: NEVs (New Energy Vehicles) include BEVs (Battery Electric Vehicles), PHEVs (Plug-in Hybrid Electric Vehicles), and FCVs (Fuel Cell Vehicles).
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Tesla Model Y Mid-size SUV BEV (Source: Tesla) |
BYD Song PLUS DM-i |
BYD Seagull |
Related Reports:
Chinese Market 2024: Sales Volume 31.4M units, Chinese OEMs Share over 65% (Feb. 2025)
China's NEV Market Crowded with 100 Brands (Feb. 2025)
Chinese Market Q4 2024 (Jan. 2025)
Chinese Market: NEV Sales Trend in 2024 (Dec. 2024)
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