Recently, Gashi Automotive Research Institute released the “July 2024 Sales Ranking of Chinese Passenger Car Companies and the Proportion of New Energy”, which reveals the fierce competition and pattern changes in the market.
BYD Motors ranks first in sales with an astonishing 299,662 vehicles and a 100% new energy share, which not only demonstrates its strong strength in the passenger car market, but also highlights the rise of new energy vehicles.
Closely followed by FAW-Volkswagen, with sales of 126,172 vehicles, with new energy accounting for 5.
1%, showing the solid position of traditional car companies in the fuel vehicle market.
Geely Automobile, Chery Automobile and SAIC Volkswagen ranked third to fifth with sales of 106,314 vehicles, 98,067 vehicles and 93,422 vehicles respectively, each occupying a certain market share.
It is worth noting that the sales data reflects the comprehensive strength of car companies ‘brands, models and market strategies.
BYD’s leadership is not only due to its intensive work in the field of new energy vehicles, but also inseparable from its diversified product line and precise market positioning.
Judging from the proportion of new energy fields, BYD Motors almost completely occupies the commanding heights of the new energy market, with new energy vehicle sales accounting for as high as 100%.
This data not only reflects BYD’s leading position in new energy technologies, but also It indicates the huge potential of the new energy vehicle market.
Although Geely Automobile, Chery Automobile and other car companies have also made arrangements in the new energy field, their market shares are relatively small and there is still much room for improvement.
China’s passenger car market will continue to maintain rapid growth, and the new energy vehicle market will become the main growth point of the market.
With the advancement of technology and consumers ‘awareness of environmental protection, the new energy vehicle market will usher in broader development space.
(For more passenger car terminal sales data, please check Gaia), return to the first electric network home page>,.
