Li Auto breaks its volume record for the 8th consecutive month.

Data by the China Association of Automobile Manufacturers (CAAM) shows a Chinese wholesales market surging 27.4% year-on-year in November to 2,970,000 units, which is a new record for the month. The Chinese market continues to perform way better than anticipated given the lukewarm economic context the country is going through right now. In November, the “11.11” shopping festival helped boost sales as have numerous promotional activities. We anticipate a red-hot December month for China, as the end of the year is usually a time where carmakers are ready to discount their models in order to reach annual targets. The year-to-date tally is now up 10.8% to 26,938,000. In the detail, Passenger Vehicles are up 25.3% in November to 2,604,000 and up 9.3% YTD to 23,272, while Commercial Vehicles are up 44.6% to 365,000 this month and up 21.8% to 3,666,000 year-to-date. 

New Energy Vehicles pass the million monthly sales milestone for the first time in November at +20% year-on-year to 1,026,000 units, accounting for 34.5% of the market. Over the first 11 months of the year, NEV wholesales are up 36.7% to 8,304,000 units, accounting for a 30.6% share. Exports soar once again at +46.3% year-on-year to 482,000 units for the month, including 97,000 NEVs. Year-to-date, exports shoot up 58.4% to 4,412,000 including 1,091,000 NEVs (+83.5%). In the detail, BEVs improve 87.7% to 1,003,000 while PHEVs are up 46.2% to 89,000.

BYD (+16.8%) for once can’t match the market but breaks its monthly volume record for the 4th time in a row, eclipsing the quarter of a million mark for the first time. The Yuan Plus (+52.2%) and Qin Plus (+49.2%) help the brand up while the Seagull breaks its volume record again, shooting past 40,000 units for the first time, and the Song Pro maintains itself above 20,000 wholesales. Compared to a horrendous year-ago result, Volkswagen (+31.2%) shows encouraging growth. Its performance is boosted by the ID.3 (+311.9%), Tavendor (+173.1%), Magotan (+96.5%), Sagitar (+67.3%), Polo (+59.9%), T-Roc (+58.4%) and ID.4 Crozz (+40.4%) among others. Toyota (+10%) is weak in context, with the Front Lander (+89.9%), Crown Kluger (+75%) and RAV4 (+70.9%) performing best.

Geely (+59.5%) overtakes Honda (+37.6%) to snap the 4th spot overall for the first time since last November. Changan (-0.3%) edges down for the only year-on-year loss in the Top 16. Wuling (+26.8%) matches the market and stays at #7 above an underperforming Tesla (+4.2%), a strong Nissan (+62.7%) and a soft BMW (+22.8%). Just outside the Top 10, Audi (+49.8%) and Chery (+55.7%) impress. Li Auto (+172.9%) breaks its all-time monthly volume record for the 8th consecutive month (!) and advances to #14 overall. Hongqi (+57.8%), at just below 40,000 sales, is at its highest in two years, since the record 42,158 units it sold in January 2022. Jetour (+122.6%) ranks #21 and also hits its 2nd best ever volume at 27,167, eclipsed only by the 27,904 it reached 3 years ago in December 2020. AITO (+143%), Xpeng (+244.9%), Leapmotor (+130%) and Zeekr (+19%) all hit all-time high volumes this month.

Looking at the models charts in isolation, the Tesla Model Y (-4.9%) reclaims the top spot both for the month and year-to-date, with the BYD Seagull ranking #2 for the 2nd month in a row. The Nissan Sylphy (+76.4%) shows unusual strength above three BYD models: the Qin Plus (+49.2%), Song Plus (-45.2%) and Yuan Plus (+52.2%). The VW Sagitar (+67.3%) is up two spots on October to #7, the VW Lavida (+33.5%) down three to #8, the BYD Dolphin (+2.1%) up two to #9 and the Wuling Bingo breaks into the Top 10 for the first time at #10, also breaking its volume record at over 24,000 units. Additional models at all-time high sales include the AITO M7, Changan Lumin, Li L7, Geely Panda Mini, Li L8 and VW ID.3.

Previous month: China wholesales October 2023: BYD monopolises podium in strong market (+13.8%)

One year ago: China wholesales November 2022: Market in negative (-7.9%), BYD #1, widens gap with VW to 56,000 units

Full November 2023 Top 94 All brands and Top 530 All models below.

China wholesales November 2023 – brands:

PosBrandNov-23/22Oct2023/22PosPos1BYD250,189+ 16.8%12,289,322+ 45.2%132Volkswagen207,423+ 31.2%21,966,200– 3.6%213Toyota141,417+ 10.0%31,540,746– 5.6%324Geely  132,097+ 59.5%5924,993+ 13.2%565Honda106,377+ 37.6%41,065,151– 15.0%446ChangAn (incl. Chana)80,159– 0.3%6910,947– 4.1%657Wuling68,370+ 26.8%7600,341– 8.0%888Tesla65,144+ 4.2%19527,499+ 32.6%12159Nissan65,141+ 62.7%8591,447– 23.1%9710BMW64,894+ 22.8%9635,551+ 8.8%71111Audi60,631+ 49.8%12586,467+ 10.3%101312Chery57,325+ 55.7%10440,379– 25.9%151013Haval48,852+ 24.7%11449,600– 9.5%141414Buick46,007– 2.1%13481,751– 19.1%13915LI Auto41,030+ 172.9%16325,678+ 190.8%183216Hongqi39,658+ 57.8%17326,125+ 22.6%171817Aion38,904+ 35.2%15439,722+ 82.3%162018Mercedes38,077– 22.8%14556,740– 0.2%111219GAC 33,316+ 51.2%18324,307+ 11.8%191720Lynk & Co28,621+ 71.5%23181,461+ 19.7%232721Jetour27,167+ 122.6%20174,102+ 34.0%243122DongFeng26,388– 2.2%22208,911– 45.6%211623AITO20,114+ 143.0%3271,523+ 15.8%434424Xpeng20,041+ 244.9%24121,472+ 10.8%343525Hyundai19,687+ 9.0%25213,788– 0.8%202226Leapmotor18,508+ 130.0%26125,537+ 22.3%323727COS17,738+ 19.7%21200,644+ 4.7%222428Cadillac17,007+ 30.8%29167,077+ 3.0%252629NIO15,959+ 12.6%30142,026+ 33.1%283430TANK14,748+ 37.3%27123,155+ 9.9%333331Ford14,025– 28.7%28159,282– 20.0%262332Shenlan/Deepal14,017+ 120.9%31109,850+ 573.3%366133Volvo13,307+ 19.6%34135,352+ 3.1%312934Zeekr13,104+ 19.0%36105,209+ 73.6%374535Chevrolet13,007+ 0.0%33158,829– 16.8%272536Jetta12,600+ 46.5%37141,713+ 8.0%293037Roewe12,038– 45.1%35139,589– 46.2%301937MG11,903+ 51.5%38100,626– 58.7%392138Denza11,843+ 243.2%39115,324+ 2800.5%357739Beijing11,546+ 24.9%43101,448+ 37.0%374240Neta9,513– 36.9%41100,991– 30.0%382841Kia9,416+ 68.0%4578,390– 23.3%413842Mazda9,360+ 69.4%3777,536– 10.7%424143Bestune8,967+ 46.6%4470,115+ 25.1%444744IM8,703+ 1331.4%5327,841+ 546.0%589045JAC7,996+ 864.5%4055,721+ 271.3%477146Ora7,915+ 29.3%4279,869– 3.9%404347Exeed7,162+ 281.4%4648,620+ 128.9%506348Voyah7,007+ 364.7%4839,940+ 125.9%516649Venucia5,112+ 0.2%4959,086– 35.7%454050Peugeot5,048+ 1.2%5036,763– 27.2%544851Baojun4,865+ 73.0%5129,087– 71.4%573952Geometry4,686– 49.0%4757,748– 41.3%463753Qiyuan4,571new528,834new7654Arcfox3,849n/a5622,012+ 130.3%617955Maxus3,148+ 6.2%6029,738– 6.0%565456Lincoln3,016– 34.1%5449,135– 24.1%484657WEY2,752+ 30.4%6237,506+ 7.2%535258Smart2,670new5739,331new528959Land Rover2,559+ 39.8%6326,625– 0.7%595860Dayun2,515– 10.8%5919,734+ 18.2%656861Cowin (Kaiyi)2,479– 22.0%5533,685+ 35.5%555562Citroen 2,213+ 29.1%6925,052– 50.8%604963Jaguar2,057+ 36.1%6620,536+ 6.9%646464SWM2,014– 73.7%7521,733– 16.4%625765Skyworth1,976+ 18.5%6517,930+ 28.6%677066AvatR1,894new5819,463new6610767Rising Auto (ex R)1,749+ 4.2%7215,812+ 11.7%686968Livan (ex Lifan Maple)1,573– 76.6%6113,009– 70.2%715069Skoda1,508– 34.4%6821,216– 47.6%635170JMC (incl. JMEV)1,474+ 241.2%706,109– 20.0%798071BAW1,452n/a6412,970n/a72n/a72Lingbao1,246– 51.2%7113,263– 58.6%705673SRM967+ 7.4%7412,107+ 36.1%737674Fukang876+ 2.1%785,427– 50.4%817375Hiphi696n/a674,265n/a83n/a76Fang Cheng Bao626new –626new92 –77VGV548+ 55.7%774,907– 22.4%828278Hycan520– 79.8%7615,048– 4.8%696779YangWang408new –408new94 –80Infiniti395+ 97.5%795,544+ 3.5%808781Cao Cao322new8011,474new75 –82Foton234– 39.8%814,137– 28.1%848683Ciimo215– 68.8%831,973– 74.8%888184Sehol212– 96.3%7348,678– 54.7%493685EV Young162– 75.8%822,028– 65.9%878486Polestones154new87226new96 –87Luxeed115new –115new98 –88Xiaohu103– 40.5%85898– 80.0%898889DS35– 14.6%88509– 61.6%939790Karry34– 69.9%89864– 31.6%909691Seres30+ 2900.0% –2,734+ 5595.8%8510692FAW29– 59.2%84650– 47.1%919893Haima6– 99.5%868,028– 20.0%777594Everus3– 86.4%90102– 93.1%10095

China wholesales November 2023 – models:

PosModelNov-23/22Oct2023/22PosFY221Tesla Model Y49,877– 4.9%8396,339+ 38.6%152BYD Seagull40,594new2198,258new16 –3Nissan Sylphy39,105+ 76.4%4329,887– 20.4%424BYD Qin PLUS38,054+ 49.2%1393,071+ 37.8%265BYD Song PLUS 34,904– 45.2%3345,843– 15.5%316BYD Yuan PLUS30,751+ 52.2%6279,036+ 90.0%6217VW Sagitar29,680+ 67.3%9250,130+ 29.4%8148VW Lavida29,009+ 33.5%5307,119– 4.1%549BYD Dolphin26,580+ 2.1%11272,894+ 52.6%71610Wuling Bingo24,024new12140,306new33 –11Haval H623,301+ 11.8%10199,658– 14.7%151012Wuling Hongguang MINI EV22,985– 28.1%19212,848– 47.9%11313Aion Y22,355+ 93.4%7213,039+ 102.2%105014Geely Xingyue L22,207+ 97.9%20152,496+ 28.6%284315BYD Han20,815– 34.1%18207,914– 14.6%12716BYD Song Pro20,317new17181,878new1723117Toyota Front Lander20,044+ 89.9%15165,586+ 99.7%237118VW Passat20,020+ 29.8%24177,069+ 2.6%181819Geely Boyue19,803+ 78.2%23171,848+ 54.5%214520Toyota Camry19,783+ 1.7%16202,815– 13.5%14821VW Magotan19,455+ 96.5%21174,184+ 20.6%202322ChangAn CS75 PLUS18,494+ 14.4%14223,855+ 9.1%91123Audi A6L18,256+ 166.1%34161,876+ 51.9%244924Honda CR-V18,230+ 85.7%13175,870– 15.6%191225Toyota RAV417,509+ 70.9%26156,598+ 7.6%252026AITO M717,039+ 382.8%4642,416+ 145.6%12922327VW Tiguan L17,010+ 45.7%27145,266+ 10.6%303028Changan Lumin16,671+ 51.3%28124,284+ 148.8%4510429Geely Xingrui16,630+ 30.2%38110,275+ 9.9%505730LI L716,599new29113,661new48 –31BMW 5-Series L16,383+ 43.7%37129,887– 18.9%401932Mercedes C-Class L16,000+ 16.6%44138,917+ 7.3%343233Honda Accord15,525+ 1.8%25155,197– 20.2%271534Honda Civic15,411+ 62.5%22156,053+ 10.3%262435Tesla Model 315,267+ 51.6%203131,160+ 17.2%384636Geely Emgrand15,209– 21.5%54140,662– 1.6%322537Geely Panda Mini15,188new4297,102new64 –38Toyota Corolla Cross13,521+ 61.6%33126,891+ 82.7%438439Chery Tiggo 8/PLUS13,407+ 49.4%31110,253– 19.1%512740Toyota Corolla13,345– 18.4%41169,838– 25.0%22941Honda Breeze13,140+ 27.0%32108,633– 8.4%523942BYD Seal13,060– 15.0%6780,078+ 123.5%7912543Audi Q5L13,002+ 19.8%56125,965+ 5.2%444144Toyota Wildlander12,950+ 29.9%36130,548+ 10.3%393845BMW 3-Series L12,858+ 54.4%49135,253+ 4.4%363446Audi A4L12,795+ 25.0%47120,337– 0.4%464047Haval Big Dog/Dargo12,685+ 60.7%30136,932+ 60.5%357448LI L812,476+ 135.7%48102,977+ 1845.5%6027049Geely Haoyue12,420+ 396.8%22235,494+ 44.3%14519150Honda Integra12,367+ 121.5%35103,813+ 42.5%598651VW ID.312,040+ 311.9%5062,530+ 188.6%9820352LI L911,955+ 31.6%4399,464+ 250.3%6315353Aion S11,728– 23.5%53205,688+ 102.0%135254Hongqi H511,646+ 48.1%60101,666+ 34.5%618055ChangAn Eado/Eado PLUS11,357+ 4.5%39151,702+ 1.3%292256VW Bora11,342– 5.3%57132,895– 37.3%371357VW Tharu11,253+ 44.2%8585,989– 14.1%745558Chevrolet Monza11,186+ 68.9%59113,210+ 20.4%496259BYD Tang10,608– 46.1%52128,054– 1.6%422960Nissan Qashqai10,557+ 57.9%4096,079– 31.2%662861ChangAn UNI-V10,512– 0.6%45129,258+ 42.0%415862Buick Verano10,498– 5.8%93107,162+ 1.2%564863VW Tayron10,474+ 48.1%66115,723+ 36.2%476864Denza D910,446+ 202.7%64108,103+ 2744.1%5332265Chery Arrizo 810,424+ 75.6%8767,316+ 544.0%8824366Hongqi E-QM510,270+ 138.7%6569,016+ 142.5%8517567Geely Binyue10,078– 1.2%9284,907– 32.8%763768Lynk & Co 0810,019new8622,074new203 –69Jetour Traveler9,905new8923,602new194 –70Hyundai Elantra (new)9,804+ 35.8%7195,877+ 20.3%677671Jetour X70/X70S9,465+ 35.3%6189,214– 6.2%716172COS Z69,152+ 27.9%5596,693+ 128.0%6512473BMW X39,062– 3.6%69106,134+ 1.7%575674Chery QQ Ice Cream9,015+ 122.7%9760,325– 34.4%997075Hongqi HS58,917– 6.4%6894,983– 23.6%683676Xpeng G68,750new7636,872new142 –77Lynk & Co 038,509+ 21.1%9463,053+ 35.2%9712178Buick Regal8,484+ 24.1%12855,929– 15.2%1038979Geely Galaxy L78,473new7058,664new101 –80BMW X18,245+ 22.7%9163,712– 15.9%948281IM LS68,158new15113,005new266 –82Cadillac CT58,037+ 105.5%6275,356+ 28.4%8210183Nissan Teana/Altima7,877+ 14.5%6379,312– 43.1%803184Leap Motor C117,856+ 188.8%7571,495+ 74.2%8314285VW Lamando7,775– 19.0%8292,900+ 5.9%696486Buick GL87,761+ 12.3%58107,377+ 2.5%555487Toyota Levin7,687– 49.4%81107,499– 40.3%541788Wuling Hongguang S7,660– 8.4%78103,973– 5.2%584789Shenlan/Deepal S77,586new7943,654new125 –90Volvo XC607,517+ 82.7%10163,648+ 4.2%9510091Leap Motor T037,452+ 108.7%10631,430– 45.8%15710992Lynk & Co 067,237+ 17.9%10263,905+ 55.0%9313093Changan CS557,185– 30.1%8392,489– 31.0%702694Neta X7,091new –7,091new339 –95Ford Mondeo7,036– 1.0%10051,178– 1.5%10711296Ora Good Cat6,903+ 132.1%9066,940+ 9.9%8910697BMW X56,885– 3.2%10885,513+ 99.3%7512798Toyota Avalon6,825+ 15.8%7283,776– 20.6%775199VW T-Roc6,804+ 58.4%12354,766– 32.1%10478100Zeekr 0016,751– 38.7%8068,266+ 12.6%8694101BYD Destroyer 056,706+ 11.2%8877,504+ 38.4%81108102Honda Inspire6,608+ 15.6%11747,006– 22.0%11896103Shenlan SL036,431+ 1.4%10366,196+ 305.7%92199104Toyota Highlander6,413+ 37.6%9566,925– 14.1%9083105Buick Envision6,355– 33.8%8486,621– 24.6%7342106Jetta VS56,283+ 60.9%10566,364+ 3.8%9193107GAC Trumpchi M8 (ex GM8)6,229– 5.4%9880,567+ 43.0%78102108Buick Velite 66,195+ 51.6%15234,883+ 0.5%148164109TANK 300 (ex-WEY Tank 300)6,166– 25.6%7787,251– 5.2%7265110BMW i36,160+ 81.5%11147,616+ 552.3%117291111Haval Raptor6,025new11811,109new285 –112Toyota Sienna5,866– 7.6%10470,869+ 3.7%8491113Xpeng G95,778+ 273.7%12920,385+ 766.3%209369114COS X5/Plus5,771+ 13.9%7468,114– 27.3%8759115Beijing EU-Series5,741+ 10.8%14349,343+ 71.9%110157116NIO ES65,666+ 194.0%10949,596+ 23.1%109146117GAC Trumpchi GS35,657+ 809.5%13248,416+ 98.3%113198118Mazda3 Axela5,635+ 44.5%7343,062– 26.9%126107119Geely Galaxy L65,297new13312,744new271 –120Mercedes GLC5,162– 51.5%99101,666– 24.5%6233121Jetour Dasheng5,104+ 81.3%11937,356+ 237.8%141278122Chery Tiggo 75,097+ 56.4%12746,986– 44.9%11973123Bestune B705,047+ 134.4%14533,821+ 47.4%152189124Mercedes A-Class L5,017+ 20.0%20741,918– 0.6%131131125Chery Tiggo 95,010new10727,769new176 –126Hyundai Tucson4,800+ 71.3%12645,508+ 40.9%121156127Audi A34,754+ 9.8%12257,824– 11.1%10297128Changan Yida4,734new11037,908new139 –129Zeekr X4,714new18520,043new212 –130Aion V4,599+ 163.7%23216,244– 46.0%234173131TANK 5004,530+ 84.4%11328,750+ 43.2%169218132Honda XR-V4,432+ 236.0%9648,909– 52.1%11263133Toyota Crown Kluger4,425+ 75.0%12441,253– 1.6%133136134GAC Trumpchi M6 (ex GM6)4,330+ 127.8%11649,659+ 48.9%108159135VW Golf4,302– 15.0%12548,968– 39.5%11179136Dongfeng Aeolus E704,271– 48.6%20128,559– 56.3%17092137Dongfeng Aeolus Hyun (Yixuan)4,209+ 8.2%14144,746– 30.3%12395138Geometry E4,192+ 84.6%13028,037+ 12.2%175179139VW Teramont4,138– 7.3%13742,938– 18.8%127113140Hongqi HS3 4,118new16612,827new269 –141Tank 4004,052new1737,154new335 –142Chery Arrizo 5/5e4,036– 19.7%14244,771– 39.7%12285143Dongfeng Aeolus Haohan4,012new –4,012new397 –144Roewe i5/Ei54,001– 12.6%11254,071– 39.0%10567145Honda HR-V3,988new11525,163new187 –146Geely Binrui3,974– 50.4%16029,665– 46.5%161110147Voyah Dreamer3,918+ 280.4%16321,233+ 235.6%206350148VW ID.4 CROZZ3,872+ 40.4%13431,958– 23.7%155135149GAC Trumpchi Empow3,855+ 16.2%14038,107– 7.5%137138150Honda Fit3,826+ 9.5%12152,003– 6.7%106111151Toyota Granvia3,768new16242,537new128570152MG Pilot3,749new21311,842new280 –153Audi Q33,747– 3.1%15747,625– 24.4%11699154Hyundai Mufasa3,571new16114,411new254 –155Wuling Jiachen3,526– 5.5%14442,067+ 18.5%130147156Peugeot 4083,505+ 42.2%24415,121– 8.2%251227157VW Polo3,453+ 59.9%15835,185+ 74.9%147211158Volvo S903,367– 2.0%14736,669+ 17.6%143163159VW CC3,347+ 34.4%16728,903+ 0.1%168168160Nissan X-Trail3,319+ 54.1%12047,999+ 108.0%115187161Wuling Xingchi3,300+ 21.0%13937,784+ 658.1%140321162Jetta VA33,293+ 14.8%23646,801+ 11.7%120137163BMW iX33,281+ 1.5%18435,437+ 52.4%146196164Chery Little Ant (eQ1)3,275– 18.5%19823,272– 74.5%19772165NIO ET5T3,248new17118,030new225 –166Changan CS35 PLUS3,234– 19.8%16544,739– 19.8%124105167Leap Motor C013,200+ 82.1%17422,612+ 524.5%199392168JAC A5 Plus3,154new14823,582new195 –169Honda Vezel3,111+ 50.5%11434,681– 66.4%15060170VW Tavendor3,091+ 173.1%17026,313+ 1253.5%180417171Ford Equator/Sport (Lingyu/Lingrui)3,090+ 55.5%17229,480+ 11.1%163176172BYD Corvette 073,088new13663,453new96477173AITO M53,075– 35.2%23729,107– 42.5%166116174MG 53,061– 47.6%13141,646– 64.8%13244175Jetta VS73,024+ 65.6%13828,548+ 12.4%171183176Qiyuan A073,016new1825,734new361 –177Xpeng P72,990+ 65.5%13541,100– 26.7%134114178Wuling Xingchen/Asta2,984– 44.3%15638,067– 45.2%13890179Venucia Grand V2,959+ 60.7%15033,683– 11.3%153150180Baojun Cloud2,954new2408,032new322 –181MG 72,885new15429,132new165 –182Kia Sportage2,882+ 237.5%33512,623– 25.5%272238183Roewe RX52,874– 51.1%15938,653– 51.0%13681184GAC Trumpchi ES92,868new2993,857new405 –185Mazda CX-52,851+ 218.9%17713,933– 14.6%258252186Audi A7L2,840+ 1108.5%23013,958+ 299.9%257416187Toyota bZ32,835new17924,390new190 –188Voyah Free2,818+ 489.5%19515,512+ 36.6%241298189COS X7/Plus2,814+ 40.8%15535,611– 26.8%144123190Exeed Yaoguang2,757new16921,289new205 –191VW ID.4 X2,747– 16.7%17622,212– 29.2%201162192NIO EC62,739+ 446.7%1928,437– 49.3%315254193Buick LaCrosse2,713+ 4.3%19425,438– 11.9%184171194Haval Xiaolong2,646new18629,378new164 –195Honda Odyssey2,543+ 13.0%16834,378– 8.7%151149196Mercedes GLB2,523– 49.1%19958,902+ 16.1%100115197Xpeng P52,523+ 73.6%21618,237– 48.1%223154198Beijing BJ402,502– 1.3%24917,635– 9.6%228208199Dongfeng EV Nano Box2,501– 21.9%20225,296+ 391.0%186312200Chery Tiggo 5x/e2,490+ 34.5%21725,561– 51.7%182118201Chery Tansuo 62,414new1787,422new332 –202Haval M62,388– 68.5%23848,199– 25.9%11498203Exeed TX/TXL2,375+ 26.5%22811,847– 44.2%279210204Dongfeng Future2,326+ 2.2%17525,454– 37.1%183144205Audi Q4 e-Tron2,301+ 77.0%21420,596+ 641.7%207407206Neta S2,296+ 1036.6%19022,187+ 10883.7%202466207ChangAn Benben2,281– 58.2%16415,234– 82.2%24675208Nissan Tiida2,279+ 950.2%22514,461– 41.8%253200209Kia Forte Furuidi2,262+ 23.1%18924,923+ 26.4%188236210GAC Trumpchi GS82,259– 28.4%19328,983– 43.0%167119211Arcfox αS2,223n/a25812,830+ 111.9%268373212Jetour X902,197– 8.1%18123,434– 1.2%196194213JAC X8 Plus2,194new2044,451new389 –214Toyota Venza2,160+ 4.6%18827,007+ 23.5%178202215Wuling Starlight2,146new –2,146new466 –216Cadillac XT52,144– 25.3%19132,150– 13.2%154145217Cadillac XT42,121– 16.7%28118,443– 35.0%220166218BYD Qin2,088– 26.0%22127,207+ 2.0%177178219Cadillac XT62,069+ 89.3%27415,654– 14.8%239230220Dongfeng Forthing T5/EVO2,044+ 41.4%19713,555– 65.2%261148221WEY Lanshan (Blue Mountain)2,035new21928,374new172 –222Geely Icon2,025– 61.6%24318,360– 9.8%222205223Lynk & Co 011,990+ 48.8%47115,423– 36.1%243197224VW Talagon1,971+ 11.4%21028,191+ 35.5%173209225ChangAn UNI-K1,963– 19.4%20021,832– 37.4%204151226NIO ET51,913– 35.5%24638,681+ 816.8%135299227Aion Hyper HT1,910new –1,910new475 –228AvatR 111,894new18019,463new215585229Smart #11,850new21231,890new156396230Maxus G50/Euniq 51,841+ 10.3%23915,441– 6.1%242248231Citroen C5 X1,836+ 34.5%28718,394– 55.0%221143232GAC Trumpchi Emkoo1,827– 23.5%19630,278+ 166.3%159257233Honda Elysion1,806– 11.8%23526,688– 20.6%179155234GAC Trumpchi E91,800new20815,149new249 –235Buick Century1,799+ 89850.0%22419,152+ 957500.0%217486236Lincoln Corsair1,793– 19.2%21523,681– 31.3%193158237Mercedes E-Class L1,786– 84.4%51142,137+ 10.0%3135238Ford Explorer1,777– 19.4%22024,783+ 53.4%189244239Honda Avancier1,775– 52.8%22729,528– 27.9%162133240Dayun Yuehu1,771– 33.2%22315,134+ 2.4%250260241Toyota Harrier1,737– 24.1%22922,910– 43.0%198139242NIO ES81,658+ 135.2%20512,554– 9.3%273280243MG Mulan / MG41,642+ 222.6%2629,864+ 489.2%296454244Zeekr 0091,639new22616,900new233 –245Roewe Clever1,613– 80.1%18320,222– 52.0%210128246ChangAn UNI-T1,606– 52.5%20928,155– 43.4%174117247Roewe D71,603new –1,603new489 –248VW Viloran1,567+ 6.5%27915,728– 13.6%237232249Dongfeng Fengon Landian E51,556new3015,282new369 –250Bestune T551,555+ 416.6%3197,149+ 60.4%336389251Cowin XuanJie/Pro1,551+ 1.2%21115,740+ 3.1%236217252Kia Sportage L1,524+ 357.7%2689,655+ 1235.4%299507253Mercedes GLA1,500– 9.9%27719,216– 24.9%216184254Qiyuan A051,445new3042,329new459 –255Hongqi H91,409+ 7.1%26713,886– 23.0%259241256Baojun Yep1,408new23313,458new263 –257Exeed VX (Lanyue)1,405new2858,822new310 –258Ford Escape1,404– 26.9%23120,469+ 1.9%208214259Nissan Kicks1,401+ 359.3%2767,119– 29.1%337313260Cadillac CT61,400+ 93.4%31210,420+ 9.3%291311261Volvo S60L1,392– 40.7%24519,842– 18.4%214193262Range Rover Evoque1,364+ 70.9%26614,091+ 5.1%256277263Mercedes Vito1,340+ 17.0%25515,553+ 8.6%240268264GAC Trumpchi GS4/Plus1,337– 65.7%25225,358– 69.2%18577265Mercedes V-Class1,337+ 14.1%25115,181– 11.2%247249266Roewe i6/ei6 MAX1,323– 23.1%5089,588– 27.6%301286267Venucia D601,321– 53.5%33118,907– 57.9%219129268JAC EV31,318new20610,874new288 –269BYD e21,290n/a27117,125– 4.1%232251270Audi Q2L1,274– 20.9%26917,598– 43.7%229167271BYD Yuan Pro1,242n/a2539,676– 64.0%298190272GAC Trumpchi E81,229new –1,239new508 –273Hongqi H61,226new2598,155new318 –274Buick Electra E51,221new24120,083new211 –275Mercedes EQE1,207+ 485.9%3097,759+ 489.1%325479276Haval H51,206new2186,342new347 –277Land Rover Discovery Sport1,195+ 15.7%30612,534– 6.5%275275278BMW X21,190– 9.6%24715,708– 14.4%238237279Honda e:NS11,162+ 62.7%2507,042+ 84.3%340376280Jaguar XFL1,144+ 54.2%27510,278+ 12.8%292317281BAW M71,136new2646,324new349 –282Chery Tiggo 3/3×1,130– 5.6%25617,332– 59.4%231140283JAC Refine (M3+E3)1,114+ 34.4%28915,158+ 1.0%248269284Rising Auto R71,113– 25.8% –3,735+ 130.6%412433285Mercedes EQE SUV1,081new3305,078new371 –286SWM G011,078– 40.1%3828,051+ 46.9%321364287Skyworth HT-I1,078new2968,805new311 –288Bestune NAT1,051– 65.1%27218,213+ 28.5%224242289Dongfeng Fengon 5001,039+ 107.4%3486,041– 61.1%355261290Arcfox Kaola1,035new2484,152new390 –291Dongfeng Forthing Leiting1,034new4002,169new464 –292Denza N71,033new2805,402new365 –293Hyundai Custo1,021+ 24.4%26111,550– 13.1%283283294Bestune T901,009new2733,918new402 –295Beijing BJ601,002new2657,550new330 –296Chery Big Ant983+ 793.6%3084,906+ 1609.4%375540297ChangAn Raeton PLUS967– 73.0%25419,005+ 218.1%218375298SRM Golden Sea Lion967+ 7.4%29412,107+ 36.1%277320299Toyota C-HR955– 32.4%28612,023– 64.4%278161300SWM G05936– 65.9%3598,776– 32.6%312276301Kia Seltos924new2905,324new367 –302Beijing X7913+ 227.2%29510,119+ 83.6%294367303Skyworth EV6898– 46.1%3009,125– 34.5%305263304Volvo XC40896– 22.1%28412,373– 11.7%276266305Cowin Xuanyue871new2987,817new324549306Ora Lightning Cat 868– 71.4%25710,642+ 251.1%289374307Lincoln Z853– 26.2%29712,912+ 48.2%267314308Beijing Rubik’s Cube / Mofang841+ 80.9%3037,619– 1.7%329336309Hongqi HQ9829– 19.8%3388,309+ 279.6%316438310VW Tayron X826+ 28.9%3218,085– 36.7%320285311Lingbao BOX823– 58.6%3249,416– 66.8%303174312Smart #3820new3057,441new331 –313Mazda CX-50815new2829,601new300 –314VW ID.6 X813+ 2.9%3335,663– 43.7%364304315Honda ZR-V803+ 56.2%23412,546+ 457.4%274437316Dongfeng Aeolus Haoji801– 74.6%14923,748+ 96.6%192262317Jaguar XEL785+ 2.1%3379,770– 3.2%297306318Peugeot 408 X774new4083,297new425 –319Cadillac GT4768new3674,679new383 –320Honda UR-V765– 51.7%31717,863– 29.6%227181321Kia Stonic761+ 42.2%3107,830– 37.7%323290322Dayun Yuanzhi M1744+ 342.9%3284,600+ 141.6%384464323Chana Honor743+ 27.7%3079,986– 9.0%295297324Fukang eElysee742+ 114.5%3552,791– 13.3%444415325Chevrolet Malibu729– 71.6%34114,179– 53.5%255165326Geely Emgrand L713+ 1728.2%3132,986– 90.9%437169327VW Tacqua704– 25.8%37515,407– 27.8%244215328Mercedes EQB689+ 17125.0%4305,746+ 46.9%360410329Livan 7689new3022,378new457 –330Audi Q5L Sportback681+ 53.0%3479,094+ 3.7%306329331Livan Maple 60S671– 81.5%2705,043– 65.6%372229332JMEV Yi655+ 432.5%3343,132+ 11.3%434430333Maxus G10/EG10652+ 7.8%3498,602+ 8.7%313332334Lynk & Co 09646– 65.0%26313,136– 40.9%265207335Kia K3644– 15.7%3696,098– 50.0%354287336Toyota Levin GT (Lingshang)636– 54.9%3228,849– 46.2%309250337Rising Auto F7636new29111,672new281 –338Fang Cheng Bao Bao 5626new –626new535 –339Exeed LX (Zhui Feng)625new2886,662new343 –340WEY Gaoshan612new –612new537 –341Wuling Xingyun598new2932,373new458 –342VW ID.6 CROZZ588– 73.8%31610,484– 56.3%290192343BMW 1 Series585– 70.1%27815,975– 30.4%235201344Toyota Allion585– 30.0%3269,362– 64.6%304182345HiPhi Y573new2423,735new413 –346Hongqi HS7567+ 13.9%3687,696+ 1.1%328339347Audi Q6567+ 401.8%3974,054+ 1081.9%394524348Wuling Journey560– 18.7%3427,107+ 16.3%338353349JMEV EV2/Little Kirin556+ 1256.1%3892,212+ 2006.7%462552350VW ID.7 VIZZION549new –549new540 –351Nissan Ariya 545+ 40.8%2923,252+ 285.8%428501352Dongfeng Fengon MINI EV540+ 12.0%3573,677– 67.2%416300353IM LS7539new37813,533new262 –354Venucia VX6534new –534new541 –355Jetour Shanhai L9496new –496new543 –356Dongfeng Fengon 580485– 34.2%3546,038– 68.5%356224357Geometry A479– 90.3%31517,934– 62.7%226122358Roewe iMAX8477– 39.8%3458,967+ 28.5%307347359Mercedes EQA433+ 5312.5%3943,833+ 16.6%408429360Skoda Superb430+ 186.7%3772,129– 16.3%468452361Arcfox αT428n/a3964,867+ 28.9%377418362Lingbao UNI423– 25.3%3763,847+ 4.2%406411363Audi Q3 Sportback414– 31.1%3646,551– 29.3%345318364Chevrolet Equinox412– 77.3%35110,958– 38.1%287228365Honda Crider412– 68.9%31411,032– 59.7%286180366Buick Encore GX411– 71.9%3561,909– 78.7%476330367Yangwang U8408new –408new548 –368Honda Life404– 33.4%3396,118– 54.9%353279369Maxus MIFA 9398+ 86.9%4782,638+ 106.6%450480370Chevrolet Blazer393+ 148.7%3723,230+ 86.3%429475371VGV U70388+ 27.6%3713,638– 32.4%417372372Skoda Kamiq385– 40.7%3406,625– 44.1%344294373Hongqi E-HS9380+ 63.8%4095,305+ 7.3%368385374Skoda Karoq379+ 49.8%3912,931– 45.2%438378375Dongfeng Fengon 380/E380378+ 116.0%3703,326– 15.6%424403376Lincoln Aviator370+ 13.1%3804,042– 46.9%395342377Citroen C5 Aircross370+ 56.8%3832,751– 54.4%447368378Changan CS85 Coupe367+ 9.2%4791,537– 86.9%493296379Denza N8364new3851,819new478 –380Toyota IZOA351– 42.8%3866,331– 68.7%348220381NIO EC7350new4073,293new426 –382Hycan V09349new465416new546 –383Cadillac CT4348– 65.7%3617,022– 17.2%341323384Dongfeng Fengxing Yacht345– 32.2%3434,063+ 55.1%393422385VW T-Cross338– 52.3%35213,181+ 0.7%264282386Buick Enclave328– 78.1%34411,582– 29.6%282234387Cao Cao 60322new38111,474new284 –388Beijing U5 (ex-Senova D50)321n/a4491,381+ 62.3%499520389BAW Yuanbao316– 59.7%3186,882– 11.3%342337390MG One313– 57.0%3884,853– 62.8%378289391Haval Chitu305– 21.0%4234,762– 76.8%381222392Wuling Air296+ 63.5%3367,384+ 3957.1%333465393Wuling Victory291– 67.7%3986,286– 65.2%351235394Hongqi H7282– 19.4%4142,866– 39.3%440390395Baojun KiWi EV273– 85.0%3634,558– 82.1%385188396Voyah Zhuiguang271new4043,195new431578397JMEV EV3263– 1.9%435765– 83.8%529380398Ford Tourneo260+ 140.7%4111,991+ 79.7%471497399Dongfeng Fengon S560259– 32.2%3993,971– 61.2%401310400NIO ET7253– 92.0%3905,177– 76.1%370213401MG 6246– 61.0%4033,135– 80.8%433258402Bestune T77246– 54.4%3324,513– 54.2%387316403BMW iX1244new469294new560 –404Foton MP-X234– 31.2%4253,823– 21.3%409384405Venucia Star234+ 0.0%4433,534– 8.5%420402406Infiniti QX50228+ 115.1%4011,820– 35.4%477439407Peugeot 4008225– 71.1%2605,943– 54.7%358281408Haval H9221– 64.2%3795,326– 54.2%366295409VW Phideon221– 19.9%4193,074– 25.0%435405410Peugeot 508221– 4.7%3254,780– 26.0%380357411Lynk & Co 05220n/a –3,870– 59.4%404327412Peugeot 5008217– 52.2%3653,808– 5.5%410393413JAC QX PHEV216new3231,656new484 –414Ciimo M-NV215– 68.8%4311,973– 74.8%472333415Baojun E200214– 59.8%4061,947– 70.4%473356416Dongfeng Fengxing Jingye S50213– 87.0%3602,679– 86.8%449212417Sehol Aipao205– 53.5%3953,184– 22.9%432394418Hyundai Sonata201– 56.4%4182,788– 9.2%445424419Buick Electra E4179new4473,016new436 –420Infiniti QX60167+ 351.4%4291,311+ 33.0%502509421Dongfeng Fengon E3166+ 8200.0%496513– 63.6%542493422Arcfox αT5163new –163new578 –423EV YOUNG Guangxiaoxin162– 75.8%4212,028– 65.9%469365424VGV U75 Plus160+ 233.3%4271,269+ 35.1%506494425Chevrolet Seeker157– 71.4%3585,678+ 317.8%362463426Skoda Kodiaq157– 53.8%4343,221– 32.9%430381427Kia Carnival157– 13.7%4021,792– 22.5%480457428Polestones 01154new463226new566 –429Ford EVOS151– 55.5%4132,261– 64.2%461359430Skoda Octavia145– 70.9%4283,703– 61.3%414315431Ora Ballet Cat144+ 25.2%3742,287– 38.3%460414432Maxus D90/Pro137+ 77.9%482563– 70.8%539473433Ford Mustang Mach E136– 79.9%4611,761– 47.0%482391434Roewe RX9136new4541,430new495 –435Beijing Warrior136new455852new524 –436Volvo C40135+ 68.8%4462,820+ 347.6%441515437Fukang ES600134– 73.8%4732,636– 71.3%452319438NIO ES7132– 97.3%4056,258– 37.4%352284439Ford Everest131– 91.9%4601,494– 59.6%494412440Livan 9130– 17.2%4511,034+ 435.8%512531441Hycan Z03129– 94.9%35313,620– 13.1%260246442Hyundai La Festa128– 39.0%4123,291+ 1282.8%427525443Jaguar E-Pace128new444488new544 –444Neta Aya126new14614,727new252 –445Hyundai Santa Fe124– 54.6%4267,725+ 206.2%326441446Aion LX122– 11.6%440618– 84.0%536408447Cadillac Lyriq120– 85.9%3923,353+ 97.7%423462448Chevrolet Tracker119– 81.9%4424,072– 48.2%392335449Dongfeng Fengon 330/370116– 48.9%3932,797– 58.1%443354450Luxeed S7115new –115new582 –451Qiyuan A06110new329771new528 –452HiPhi Z107new464329new553 –453Peugeot 2008106– 90.0%4173,807– 63.6%411305454Kia EV5104new –104new585 –455Xiaohu FEV103– 40.5%445898– 80.0%521395456Aion Hyper GT100new3504,133new391 –457Kia K595– 76.8%4162,914– 56.1%439351458WEY Mocha95– 67.0%4324,538– 65.5%386292459Dongfeng Fengon iX593+ 830.0%3661,639– 33.2%486458460Maxus G9092– 66.2%4481,653– 9.0%485471461Livan Maple 80V83– 96.9%4701,772– 88.1%481226462Geely Jiaji 80– 76.1% –1,731– 73.8%483358463BYD e674– 90.7%4411,587– 63.3%491398464Beijing BJ21272new4201,271new505 –465Haval Shenshou64– 95.5%4386,322– 86.3%350132466Venucia T6064– 64.8%4852,428– 51.4%455382467Buick Envista60– 89.0%4562,637+ 78.1%451428468Mazda CX-3059– 91.7%4592,814– 73.0%442307469Cowin Xuandu57– 96.5%45710,127+ 5.8%293301470Honda e:NP156– 93.1%4104,471+ 66.2%388423471Kia Pegas56+ 80.6%4391,339– 92.7%500247472Chery Unbounded Pro (QQ Wujie Pro)44– 97.5%467928– 46.8%518470473Hycan A0640+ 300.0%476989+ 9790.0%515533474ChangAn CS9536– 66.4%4751,599– 66.6%490387475Karry K6034– 69.9%483863– 29.7%523492476Nissan Terra33– 97.0%4536,519– 31.9%346325477VW Touran33– 78.0%452898– 65.4%522448478Ford Territory32– 81.2%4501,637– 77.7%487348479Seres SF530+ 2900.0% –2,734+ 5595.8%448573480Bestune M930new474397new549 –481FAW Senia R729– 59.2%436643– 43.6%534505482Maxus D6025+ 38.9%480296– 74.0%559503483Nissan Lannia25n/a4941,169+ 32.1%510518484Hyundai Mistra24– 57.9%502250– 78.3%564500485DS 724+ 200.0%487223+ 104.6%569557486Bestune T9920– 54.5%4661,179– 40.7%509467487Beijing BJ8018n/a472346– 69.4%552508488HiPhi X16new422201new571 –489Geometry G615– 98.2%2835,794+ 217.5%359435490BYD D114– 96.2%424751– 25.2%530511491Hongqi LS714– 12.5%5011,416+ 2978.3%496542492Hyundai ix3513– 99.7%49124,367– 56.1%191103493Honda Envix13– 97.9%4588,157– 13.7%317303494Skoda Rapid12– 97.1%4932,607– 59.2%453363495Toyota bZ4X11– 98.3%34612,823+ 1894.2%270447496Haval Cool Dog11– 97.5%4681,569– 82.0%492331497Roewe RX311– 97.4%488746– 87.0%531371498Baojun RC-511– 86.1%499415– 71.3%547478499DS 911– 66.7%486285– 76.5%561498500WEY Latte10– 99.4%4893,982– 79.0%400233501Chevrolet Orlando10– 93.2%4971,807– 29.9%479401502Chana Oshan A6009– 97.4%4901,385– 15.8%498469503Bestune B70S9– 86.6%481921– 61.1%519459504Ford Focus8– 99.3%4924,003– 72.7%398259505GAC Trumpchi GA88– 61.9%498175– 34.9%575539506Sehol E10X7– 99.0%5222,021– 95.1%470141507Kia KX37– 98.7%4844,994– 58.7%373288508GAC Trumpchi GA67– 94.5% –218– 94.1%570419509MG ZS7– 74.1%507154– 99.7%579120510IM L76– 99.0%5041,303– 69.8%504397511Citroen C66– 93.1% –2,512– 8.3%454442512Haima 8S6– 40.0% –4,025+ 319.3%396510513Baojun RS-35– 94.5%500282– 78.9%563489514Toyota Vios4– 99.8%50317,531– 49.3%230152515Toyota Vios FS4– 99.3%5238,099– 40.2%319272516BYD e34– 99.3%4371,314– 77.1%501379517Toyota Yaris L3– 100.0%51726,260– 63.2%18187518Maxus Euniq 63– 92.3%515245– 73.3%565514519Everus VE-13– 86.4%512102– 93.1%587490520Hycan 0072– 87.5%50623– 80.3%601554521Mercedes EQC2– 66.7% –169– 95.1%577426522VW Santana1– 100.0% –31,069– 70.3%15853523Buick GL61– 99.9%510992– 88.9%514328524Hyundai Celesta1– 99.9% –7,705– 65.4%327206525COS Cosmos1– 99.8% –224– 86.3%568450526Buick Excelle Yinglang (GT)1– 99.8% –3,616– 96.4%41866527Buick Velite 71– 96.8% –103– 81.3%586383528Citroen C3-XR1– 96.2% –1,395+ 7.6%497495529Chevrolet Trailblazer1– 50.0% –5– 99.3%606523530BMW 2-Series Active Tourer1n/a –22+ 2100.0%603595

Source: CAAM