The Xiaomi SU7 sells over 29,000 units in a single month.

According to data by CAAM and CPCA, new Passenger Vehicle wholesales in China shoot up 8.9% year-on-year in March to 2,412,000 units, a record for the month. This includes 1,257,000 SUVs (+9.2%), 1,046,000 cars (+8.7%) and 108,000 MPVs (+7.3%). The Q1 volume is up 11.3% to 6,277,000 sales, including 3,331,000 SUVs (+9.9%), 2,665,000 cars (+11.1%) and 280,000 MPVs (+32.8%). Indigenous brands surge 22% year-on-year to 1,580,000 units, whereas joint-ventures are off -6% to 550,000 and premium brands sink -16% to 280,000. New Energy Vehicles (EVs + PHEVs) continue to lift the market up at +35.5% year-on-year to 1,128,000 wholesales and up 42.8% over Q1 to 2,847,000. Passenger Vehicle production lifts 11.5% to 2,481,000, eclipsing the previous March record of 2,160,000 units hit in 2018. Q1 production is up 14.5% to 6,311,000. In an interesting twist, exports are actually down -8% year-on-year in March to 391,000 but remain up by just 1% over Q1 to 1,120,000. 

No surprises atop the brands charts: BYD (+9.8%) is head and shoulders above the competition with just under 270,000 sales. The Yuan UP (+1032.3%), Song L (+165.4%) and Seagull (+21.9%) help the carmaker but its gains this month are mostly due to an unending raft of new models including the Qin L, Seal 06, Seal 06GT, Sealion 07, Sealion 05 and Seal 05. Volkswagen (+1.3%) is far below at 161,000 sales and a tiny uptick but back up to #2. It is helped by the Tharu (+76.4%), T-Roc (+39.6%), Tiguan L (+31.6%), Magotan (+20.7%), Sagitar (+17.3%) and Lavida (+13.3%). Geely (+96.3%) almost doubles its sales year-on-year to 157,000 with the new Xingyuan above 30,000 units for the first time and the Galaxy NEV series up 267.8% to 37,458.

The Tesla Model Y is the best-selling vehicle in China in March.

Toyota (+21%) stays at #4 and is strong for once, followed by Wuling (+54.2%) and Tesla (+18.8%) also performing greatly. Chery (+67.3%) is the only additional Top 13 member to beat the market, with five brands in stiff negative including Nissan (-28.3%), Mercedes (-17%) and Audi (-14.2%). Li Auto (+26.5%) is back up three spots on February to #14 ahead of Jetour (+41.3%). Leapmotor (+128.8%) surges as does Xpeng (+233.5%). Xiaomi breaks its volume record at 29,244, while Lynk & Co (+33.6%), Deepal (+82.1%) and Roewe (+45.1%) all post solid results. In contrast Hyundai (-36.4%), Ford (-21.7%), Volvo (-22.7%), Cadillac (-28.1%), Lincoln (-34.3%), Land Rover (-42.8%), Citroen (-40%), Peugeot (-73%) and Chevrolet (-79.2%) all tumble down.

Looking at the models ranking in isolation, the Tesla Model Y (+0.6%) is stable to snap the pole position for the first time this year. It climbs to #3 over Q1. The Wuling Hongguang Mini EV (+149%) is boosted by the arrival of a 4-door version and ranks #2 both for the month and over Q1. The BYD Seagull (+21%) drops one spot on last month to #3. Let’s notice that BYD hasn’t managed to place a model at #1 at home since last November when the Seagull won. Leader in February, the new Geely Xingyuan falls to #4 but holds onto the YTD top spot. Another exceptional result for the Xiaomi SU7 rounding out the Top 5. It’s a disappointing showing for the BYD Qin Plus (-45.7%), #1 a year ago, as well as for the BYD Song Plus (-25.8%). The Tesla Model 3 (+79.1%) is in great shape at #8 with the VW Lavida (+13.3%) and Geely Xingyue L (+74%) closing the Top 10.

Previous month: China wholesales February 2025: Geely Xingyuan best-seller, Xiaomi SU7 up to #4

One year ago: China wholesales March 2024: BYD outsells Volkswagen by a record 86,000 units

Full March 2025 Top 98 All brands and Top 570 All models below.

China wholesales March 2025 – brands:

PosBrandMar-25/24Feb2025/24PosFY241BYD269,405+ 9.8%1643,573+ 17.5%112Volkswagen161,002+ 1.3%3456,755– 5.4%323Geely  157,163+ 96.3%2505,334+ 78.4%244Toyota137,006+ 21.0%4343,679+ 5.0%435Wuling78,088+ 54.2%5185,272+ 17.1%576Tesla74,127+ 18.8%15134,607+ 1.7%1097ChangAn (incl. Chana)62,095+ 2.5%6184,390– 25.1%668Chery60,437+ 67.3%7167,725+ 24.4%789Honda54,968– 8.3%9157,588– 32.9%8510Mercedes52,805– 17.0%8129,601– 10.7%121311Audi48,170– 14.2%10135,520– 4.6%91212BMW46,987– 8.1%11131,910– 17.4%111013Nissan38,002– 28.3%13106,061– 28.1%131114LI Auto36,674+ 26.5%1792,865+ 15.5%171415Jetour35,331+ 41.3%16101,965+ 35.9%141616Buick35,073– 14.5%1893,586– 10.8%162017Leapmotor33,331+ 128.8%2078,399+ 134.7%202218Hongqi32,973– 0.0%14100,701+ 1.6%151519Aion32,476+ 5.8%2265,651+ 1.0%231920Haval30,531+ 8.7%2180,526– 10.7%191821Xpeng30,102+ 233.5%1286,393+ 295.9%182922Xiaomi29,244new1975,869new213323Lynk & Co23,494+ 33.6%2467,746+ 19.8%222324GAC 22,553– 9.8%2556,003– 20.1%242125Shenlan/Deepal18,238+ 82.1%2350,944+ 54.3%252826DongFeng16,170– 22.3%3533,455– 45.5%302527Roewe14,657+ 45.1%2836,385+ 4.1%283428TANK14,301+ 0.4%3233,690– 13.0%292729Zeekr14,111+ 8.4%2640,092+ 21.3%272430Arcfox13,018+ 500.5%4724,124+ 699.9%444531AITO12,679– 47.9%2745,830– 44.4%261732Denza12,620+ 22.8%3333,062+ 38.9%313833Qiyuan12,484– 18.0%4127,038– 14.5%393534Bestune12,433+ 58.9%3130,917+ 55.2%353735Hyundai10,819– 36.4%4229,002– 43.7%373236Ford10,426– 21.7%3630,978– 23.3%343137NIO10,130– 14.6%3027,224– 9.4%382638Voyah10,012+ 63.5%3725,915+ 58.6%414339Jetta10,000– 13.1%3926,500– 18.6%404040MG9,982+ 86.0%4025,794+ 14.2%424441COS9,922– 25.6%3831,674– 48.2%323042Luxeed9,482+ 196.6%2931,572+ 587.1%334843Beijing9,342– 8.9%4424,080+ 33.0%453944Volvo9,189– 22.7%3429,248– 10.1%363645AvatR8,555+ 95.9%5220,041+ 158.2%465346Cadillac8,270– 28.1%4325,079– 24.1%434147Fang Cheng Bao8,051+ 126.8%4819,212+ 73.7%485148Mazda7,159+ 16.7%5117,563– 9.0%504749Kia7,056– 7.3%4517,607– 17.3%494650iCar7,002+ 94.4%4619,837+ 334.0%475751Yipai5,893+ 383.0%5012,919+ 958.9%525952IM5,029+ 67.6%5610,808+ 12.4%554953Exeed5,028– 2.4%5412,060– 15.3%544254Onvo4,820new4914,781new517055Nammi4,630+ 289.7%559,370+ 97.7%566256WEY4,535+ 36.9%5312,887+ 39.2%535557Lincoln3,357– 34.3%578,344– 39.0%575258Cao Cao2,859+ 92.9%644,736+ 74.1%667759Baojun2,674+ 126.2%625,991+ 1.6%606060Livan (ex Lifan Maple)2,607+ 317.8%605,741+ 221.4%617961Smart2,571+ 51.2%596,358+ 64.2%586362JMC (incl. JMEV)2,204+ 256.1%634,717+ 109.4%676563Venucia2,141– 34.5%656,118– 36.7%595864Kaiyi2,125– 1.8%674,868– 19.9%646465Maxus1,895– 1.0%664,865– 15.6%656866JAC1,705– 40.6%615,091– 5.0%636667Ora1,472– 68.1%753,266– 70.8%735668Land Rover1,470– 42.8%723,502– 47.9%716969BAW1,411+ 18.0%703,775+ 7.1%707670Citroen 1,395– 40.0%585,366+ 4.6%6271712121,290new693,784new698972Zhido1,276new733,297new728373Skoda1,100– 15.9%713,047– 20.0%757474SRM1,051– 50.1%762,417– 34.0%767275Peugeot1,047– 73.0%743,057– 61.9%746776Chevrolet1,042– 79.2%684,023– 78.3%685477Polestones1,028+ 82.6%782,136+ 91.6%779178Mini859new –859new85 –79Jaguar840– 35.2%811,688– 58.0%817380Stelato751new772,016new789481Lingbao622– 21.9%801,844– 15.3%808182Rising Auto (ex R)554+ 78.7%861,130– 57.3%828683Skyworth444– 65.0%841,119– 56.5%838084Fukang419+ 177.5%85908+ 501.3%848885SWM417+ 170.8%90567– 75.6%888486Geometry362– 90.4%791,892– 88.0%796187Foton200– 20.0%82730+ 0.4%869688Sehol198– 32.0%87601+ 13.8%878289LEVC150new92332new929990YangWang127– 88.3%88480– 86.4%908591Infiniti120– 34.4%91338– 23.0%919792Lingxi107new95167new9410393Link Tour87n/a89272n/a9310594VGV37– 81.3%9680– 93.8%969295Letin27n/a93123n/a9510496EV House17new9750new99 –97Hycan4– 99.4% –4– 99.8%1009098Polestar1– 99.7%9863– 90.0%9798

China wholesales March 2025 – models:

PosModelMar-25/24Feb2025/24PosFY241Tesla Model Y48,189+ 0.6%5581,889– 18.4%312Wuling Hongguang MINI EV39,957+ 149.0%686,946+ 96.6%283BYD Seagull33,965+ 21.9%279,094+ 12.5%534Geely Xingyuan32,481new189,215new11295Xiaomi SU729,244new475,869new6486BYD Qin PLUS27,387– 45.7%570,100– 34.8%727BYD Song PLUS 26,092– 25.8%765,603– 18.1%948Tesla Model 325,938+ 79.1%952,718+ 64.5%16279VW Lavida24,042+ 13.3%866,816– 1.8%8610Geely Xingyue L23,817+ 74.0%379,883+ 69.2%41511BYD Qin L21,671new1153,931new131212BYD Song Pro20,847– 24.0%1551,542– 9.2%171013Nissan Sylphy20,784– 30.0%1758,821– 26.4%12514BYD Yuan PLUS20,179– 8.1%2739,839– 15.2%35715VW Passat19,637– 1.6%1261,432+ 12.3%11916VW Sagitar19,286+ 17.3%1063,041+ 7.8%101117Toyota RAV418,437+ 45.6%2443,623+ 22.8%251918Toyota Corolla Cross18,417+ 64.4%4637,566– 4.8%402319ChangAn CS75 Plus17,562+ 12.9%2153,673– 28.2%141420LI L617,197new1844,347new222221BYD Yuan UP17,177+ 1032.3%3233,717+ 2122.6%475122BYD Seal 0617,126new2244,231new232023Toyota Front Lander16,713+ 12.1%2046,715+ 6.8%191824Xpeng MONA M0316,593new1347,130new1813925Toyota Camry16,582+ 142.4%3642,567+ 41.1%273526Honda CR-V16,571+ 38.1%5041,051– 13.5%312527Mercedes GLC16,491– 13.2%2638,317– 5.7%374128Wuling Bingo15,935+ 40.8%3938,228+ 22.7%381729VW Magotan15,688+ 20.7%2344,171+ 7.5%242630BYD Han15,655– 23.2%3339,583+ 5.3%361331Changan Lumin15,425+ 26.2%4133,256+ 3.6%504432Chery Tiggo 8/PLUS15,362+ 57.2%2946,518+ 18.8%202433VW Tayron15,345– 9.6%2540,470+ 17.1%343034Geely Xingrui15,210+ 14.2%1453,631+ 21.0%153935Audi A6L15,105– 8.5%3545,148+ 1.3%212836VW Tiguan L14,457+ 31.6%3441,673+ 9.8%302937BMW 3 Series L14,422+ 11.6%4537,548– 0.3%414538ChangAn Eado/Eado PLUS14,059+ 25.0%3842,302– 5.4%283139Mercedes C-Class L14,025– 32.2%4732,965– 22.1%513440Geely Panda Mini13,961+ 83.3%1942,792+ 79.1%265441BYD Song L13,812+ 165.4%3736,063+ 102.1%433842Audi Q5L13,044+ 8.8%4835,388+ 7.2%454043Hongqi H512,859+ 18.1%3141,026+ 15.4%324244Honda Accord12,618+ 40.4%5337,646+ 17.6%393245Haval Big Dog/Dargo12,359+ 48.9%5132,441+ 42.7%525646Geely Galaxy Starship 711,888new4042,286new2923947Mercedes E-Class L11,501+ 18.7%4333,302+ 23.6%494348BYD Dolphin11,477– 9.4%7422,143– 42.1%693349VW Tharu11,324+ 76.4%4234,289+ 38.0%466350Toyota Wildlander11,228+ 14.9%6330,605+ 2.0%554951Geely Emgrand11,202+ 36.7%5836,248– 2.7%425752Honda Breeze11,105+ 75.0%6728,906+ 15.0%565553Chery Arrizo 810,577+ 47.1%6433,716+ 14.5%485054Jetour X7010,550+ 18.8%2835,514+ 30.7%445855Buick Envision10,415+ 182.1%5728,300+ 80.0%589756Toyota Avalon10,226+ 113.4%7724,500+ 72.9%637257Haval H610,199– 26.2%5926,736– 43.7%615358Geely Galaxy E510,077new5430,973new549159Leapmotor C1010,052+ 111.9%5224,464+ 211.4%649860Geely Binyue9,951+ 63.2%1631,005+ 67.5%537961Denza D99,326– 7.1%5627,154+ 20.1%606662Aion Y9,303– 28.5%6521,021– 27.2%733663BMW 5 Series L9,096+ 130.6%8924,898+ 34.5%627464Bestune Xiaoma8,776new6021,497new7211365LI L78,707– 19.1%7620,983– 35.6%745266Geely Boyue8,586– 32.3%3041,020– 13.5%337067Jetour Freedom8,551new12112,903new124 –68Xpeng P7+8,545new6223,885new6626069Luxeed R78,520new4928,690new5720570Toyota Sienna8,385+ 24.6%9519,974+ 12.1%807371Wuling Hongguang S8,374– 0.7%6117,507– 33.4%938072BYD Destroyer 058,135– 56.7%4427,427– 14.7%591673Geely Galaxy L68,027+ 121.3%6619,229+ 56.7%8311574Buick GL87,765+ 4.8%7021,694+ 29.2%717775COS X5 Plus7,763+ 53.1%8422,107+ 1.9%7010276BYD Seal 06GT7,755new9616,372new9929777Leapmotor C117,710+ 50.1%8118,983+ 56.6%868178GAC Trumpchi GS37,642+ 45.0%9318,047+ 41.1%8811779MG 57,581+ 186.0%8518,991+ 59.8%8514380Hongqi HS57,556– 14.4%7822,153– 16.5%686981Roewe i5/Ei57,542+ 461.6%6820,497+ 39.3%7810982Aion S7,532– 49.0%8715,921– 46.5%1004783Toyota Corolla7,417– 52.3%7323,966– 25.6%655984VW Bora7,406– 4.2%7120,595– 22.7%766885BYD Tang7,351– 41.7%10218,235– 28.4%874686Shenlan/Deepal S057,130new7517,784new9223487Qiyuan/Nevo A077,078+ 103.4%11014,364+ 59.0%11012088Leapmotor T036,851+ 146.1%15313,881+ 47.2%11510789Hyundai Elantra (new)6,790– 35.5%11217,110– 40.8%949090Nissan Qashqai6,702– 28.1%6920,729– 20.6%756091AITO M76,512– 64.8%8820,159– 71.0%792192Voyah Dreamer6,508+ 110.3%10516,551+ 105.9%9811993Tank 3006,387+ 13.7%10712,495– 24.0%1279394Audi A4L6,283– 40.7%8220,536– 24.2%776495Toyota Granvia6,120+ 62.3%11514,912+ 27.7%1048896Avatr 076,047new14613,420new11924097Fang Cheng Bao Bao 56,036+ 70.0%13412,266+ 10.9%12913798BMW X55,995– 19.5%11419,012– 26.4%847699Aion RT5,925new10412,647new125276100Shenlan/Deepal S75,914+ 3.7%8017,031– 10.4%9683101Toyota Highlander5,913– 4.2%12015,378– 13.7%10187102Volvo XC605,890– 8.6%9717,059– 2.0%95100103BYD Sealion 075,822new11913,667new116108104Lynk & Co 035,800+ 8.7%7919,602+ 10.3%82123105Lynk & Co Z205,696new13015,202new103455106Audi A35,682– 11.1%11113,975+ 7.6%114122107Changan UNI-Z5,641new8317,815new91118108VW ID.35,601– 9.7%13111,322– 35.7%13971109Haval Raptor5,565+ 166.1%11614,159+ 70.6%11399110Zeekr 7X5,478new9014,734new108168111Buick Regal5,469– 6.6%2219,273– 53.8%153152112Geely Galaxy L75,450+ 35.7%9417,922– 3.5%8995113Chery Tiggo 5x/e5,328+ 392.4%14211,498+ 157.2%135263114VW T-Roc5,276+ 39.6%10113,631– 4.9%117121115LI L85,275– 17.5%12212,940– 38.1%12389116BMW X15,222– 35.7%10914,197– 37.9%11282117BMW X35,176– 48.8%7219,869– 35.0%8161118Chery Fengyun T95,146new15710,678new144130119AITO M95,103– 6.3%8622,828+ 113.4%6737120BYD Sealion 055,093new14011,462new136283121iCAR V235,002new10815,255new102446122AION UT4,980new3415,328new207 –123Mercedes GLB4,975+ 50.3%12612,183+ 41.5%131132124Arcfox αT54,934+ 179.5%1848,031+ 244.2%167172125Buick LaCrosse4,878+ 246.0%11813,465+ 103.9%118201126Chery Tiggo 74,825+ 69.0%9917,022+ 32.2%97112127Onvo L604,820new10314,781new105237128Toyota Crown Kluger4,789+ 76.8%15011,501+ 36.3%134128129Jetour Traveler4,742– 48.6%9117,892– 28.9%9062130Jetta VS54,735– 16.5%10014,358– 18.6%111105131Nammi 014,625+ 289.3%1359,365+ 97.6%151171132LI L94,579– 46.7%12412,191– 48.5%13078133Leapmotor C164,451new9214,666new109150134Tank 5004,303+ 29.0%13912,325+ 13.3%128140135Arcfox αS54,159+ 1909.2%1798,255+ 3473.6%164231136Hongqi E-QM54,158– 29.7%9813,230– 22.8%12184137Cadillac CT54,048– 35.7%14411,848– 34.4%132114138Beijing BJ304,018new1729,061new156157139Ford Mondeo4,003– 21.6%11713,238– 15.3%120110140Hongqi HS3 3,986+ 7.1%13211,554+ 13.2%133163141Lynk & Co 063,951– 22.4%14511,359– 29.3%138125142WEY Lanshan (Blue Mountain)3,945+ 56.4%13711,217+ 67.0%142149143VW Teramont3,941– 26.4%1709,490– 27.4%150124144Roewe D73,927+ 173.7%1368,329– 3.7%162185145ChangAn UNI-V3,884– 51.4%12314,753– 54.8%10775146VW Golf3,876– 27.6%1628,463– 29.9%160156147Chery Tiggo 93,858+ 31.6%12812,978+ 3.2%122111148Toyota Levin3,851– 47.6%14110,990– 47.2%143101149GAC Trumpchi M8 (ex GM8)3,827– 36.5%15111,360– 16.3%137104150Aion V3,747+ 172.1%1498,306+ 143.5%163167151Jetta VA33,533+ 2.3%1986,378– 23.7%189169152Wuling Bingo SUV3,516+ 155.7%1259,801+ 612.8%148213153Nissan Kicks3,499+ 211.3%4593,681– 26.2%247329154Wuling Starlight3,492– 39.3%1967,287– 66.1%17496155Nissan Teana/Altima3,442– 44.0%11312,575– 34.2%12692156Wuling Starlight S3,421new1818,160new165188157Lynk & Co 083,365– 36.8%1679,888– 43.7%14686158IM LS63,353+ 27.5%2096,371– 27.0%190173159Changan CS55 Plus3,331– 30.5%15511,254– 49.5%141116160Arcfox Kaola3,307+ 2588.6%2356,873+ 2660.2%181251161Leapmotor B103,298new –3,298new257 –162NIO ES63,260– 12.6%1279,150– 13.9%15594163Dongfeng Aeolus L73,215new1299,629new149193164Chery Tiggo 3/3×3,209+ 181.7%1389,193+ 180.4%154227165Shenlan/Deepal L073,204new1916,809new182303166Toyota bZ33,202– 43.8%2068,140– 16.9%166131167Honda Inspire3,176+ 13.4%1768,513– 14.1%158154168Zeekr 0093,157+ 546.9%1646,647+ 366.8%185226169Chery QQ Ice Cream3,129– 1.8%1955,518– 28.2%204159170Honda Civic3,125– 59.3%15414,766– 59.4%10665171Yipai eπ0073,052+ 150.2%1746,278+ 414.6%191208172Qiyuan/Nevo Q053,042– 36.0%2156,930+ 6.6%180166173Tank 4003,027– 1.1%1897,158– 22.1%176146174Cadillac XT53,010+ 86.0%1699,021+ 47.5%157187175Audi Q33,009– 27.7%1588,023– 15.4%168160176Zeekr 0012,976– 60.3%10611,268– 27.0%14067177Buick Electra E52,976+ 239.3%1657,776+ 60.2%170249178NIO ET5T2,968+ 34.8%1527,453+ 16.6%172133179BYD Xia2,961new1438,488new159 –180GAC Trumpchi M6 (ex GM6)2,896– 38.2%1685,981– 52.6%196134181Chery Little Ant (eQ1)2,878+ 94.6%1616,772+ 80.3%183196182VW Lamando2,863– 48.9%1599,323– 53.5%152103183Cao Cao 602,859+ 92.9%1974,736+ 74.1%220286184Yipai eπ0082,841new1716,641new186255185Jetour Dasheng2,727– 0.8%1609,881+ 6.2%147158186Mazda CX-52,700+ 2.8%2196,729+ 0.9%184180187BYD Seal 052,590new2673,360new254 –188Ford Edge/Edge L2,568+ 26.3%1887,047+ 4.6%177179189Jetour Shanhai T22,550new16610,211new145144190Toyota BZ3x2,490new –2,490new290 –191Jetour X902,477– 27.7%2387,327– 28.5%173164192Beijing BJ402,476– 22.9%2105,958– 16.7%198175193Nissan X-Trail2,467– 24.9%1637,218– 28.5%175176194GAC Trumpchi E82,448+ 19.1%2294,953– 27.2%215136195Kia Stonic2,430+ 226.2%1755,146+ 234.4%211363196Mercedes A-Class L2,411– 46.6%2184,520– 58.1%225191197VW Tavendor2,394+ 1.4%1866,546– 20.1%188178198Exeed Exlantix (Sterra) ES2,373+ 384.3%3522,836+ 92.1%276425199Bestune B702,351– 32.0%2346,035– 45.7%195162200BMW i32,350– 42.2%1945,964– 49.0%197142201Qiyuan/Nevo A052,300– 59.1%2045,465– 52.6%205165202Dongfeng Forthing T5/EVO2,163+ 53.6%4882,270– 29.9%299407203Audi A7L2,150– 14.9%1995,890+ 42.3%199206204VW ID.4 CROZZ2,144– 35.7%2723,721– 54.9%245170205AvatR 122,111– 32.0%2575,220+ 18.1%210209206Honda Odyssey2,048– 5.8%2255,015– 11.1%213183207Dongfeng Future (incl Lingzhi M5EV)2,032– 40.3%2653,447– 54.4%252230208Dongfeng Aeolus Hyun (Yixuan)2,018– 33.0%2703,771– 58.8%242229209Geely Galaxy E82,016– 20.7%2813,727– 51.5%244186210Fang Cheng Bao Bao 82,015new1736,946new179364211iCAR 032,000– 44.5%2084,582+ 0.2%223147212VW ID.4 X2,000+ 3.5%2504,020– 13.7%238177213Voyah Free1,969– 16.0%2074,548– 23.4%224238214Xpeng G61,957+ 32.9%1337,917+ 78.4%169153215Chery Fengyun A81,940+ 62.9%2414,962+ 69.6%214195216Mazda3 Axela1,901– 30.5%1936,060– 43.1%192194217Roewe RX51,900+ 900.0%2464,828+ 46.4%218241218Toyota Prado1,884n/a2454,430n/a228331219Wuling Jiachen1,829– 29.3%1803,707– 63.2%246207220Honda Integra1,818– 71.1%1788,385– 66.5%16185221Xpeng G91,818+ 30.5%2224,118+ 3.2%236219222Lynk & Co 071,792new2485,110new212161223Dongfeng Fengon Landian E51,772– 18.9%2324,456– 52.5%226197224BMW iX11,752+ 468.8%2363,757+ 328.9%243300225Buick Verano1,749– 85.8%1567,679– 60.2%171135226GAC Trumpchi GS4/Plus1,744+ 16.5%1874,684+ 26.6%221192227Volvo S60L1,708+ 10.2%1855,844+ 41.4%200220228Denza N91,708new –1,708new331 –229BMW iX31,697– 53.6%2144,409– 54.1%229200230Livan Maple 60S1,665+ 456.9%2204,058+ 822.3%237399231Smart #11,659+ 59.4%2014,446+ 78.6%227225232COS X7 Plus1,656– 31.7%1906,609– 26.5%187198233Mazda EZ-61,633new3352,500new288442234VW CC1,619– 35.2%1836,041– 34.8%194199235Zeekr 0071,611– 65.4%2034,185– 71.6%233145236MG 71,600– 27.0%2135,262– 39.4%209214237Chery Arrizo 5/5e1,595– 40.4%2284,277– 49.7%231190238VW Viloran1,572+ 27.2%2563,341– 9.4%256280239NIO EC61,546+ 4.1%2024,326+ 2.5%230202240Voyah Courage1,535new1484,816new219440241Geely Haoyue1,526– 54.9%2545,462– 54.4%206182242Geely Icon1,517+ 120.8%2165,660+ 111.4%201289243Chery Fengyun T81,513new3132,164new305 –244IM L61,501new2303,907new239222245Lincoln Nautilus1,496– 25.4%2523,639– 35.5%248218246Kia Seltos1,489+ 143.7%2802,988+ 38.2%267272247Volvo S901,458– 54.5%2125,310– 40.6%208181248Hongqi H61,446+ 34.1%2054,921+ 50.5%217288249JMEV EV2/Little Kirin1,430+ 238.9%2313,277+ 173.3%260245250Ora Good Cat1,390– 66.4%2823,047– 69.2%266148251Jetour Shanhai L71,386new2373,504new249299252GAC Trumpchi GS81,385+ 25.5%2424,213– 0.1%232215253Beijing X71,381+ 261.5%3002,159+ 203.2%306401254Geely Binrui1,326– 53.0%2115,626– 35.8%203211255NIO ET51,325– 40.2%2443,269– 31.8%261212256Dongfeng Aeolus Haohan1,320– 56.2%2473,360– 70.7%255184257Jetta VS71,311– 45.0%2244,595– 30.1%222253258BAW M71,304+ 11.3%2553,483+ 16.7%250293259212 T011,290new2333,784new241405260Zhido Rainbow1,276new2633,297new258332261GAC Trumpchi S71,270new2781,936new318 –262BYD e21,269– 29.9%2512,623– 28.5%283250263Jetour Shanhai T11,266new3152,963new269317264Haval H91,241+ 265.0%2603,481+ 229.6%251302265Citroen C5 X1,221– 40.9%1774,943+ 10.7%216270266BYD Seal1,194– 78.7%2952,281– 86.1%297127267Ford Equator/Sport (Lingyu/Lingrui)1,176– 57.1%2274,161– 50.2%234217268JAC Refine (M3+E3)1,165– 32.1%2493,285+ 11.3%259324269Baojun Yunhai1,154new2772,653new281330270Hyundai Custo1,123+ 32.0%2712,638+ 16.4%282323271Kia Sportage L1,119+ 27.3%2992,503– 18.7%287290272Beijing EU-Series1,104– 78.9%1825,643– 20.6%202210273Hyundai Sonata1,093+ 202.8%2583,177+ 451.6%262310274AITO M51,064+ 169.4%2592,843+ 31.7%274174275Ford Explorer1,062– 34.0%2662,984– 35.0%268248276Venucia VX61,062+ 110.3%3262,082+ 45.0%311315277SRM Golden Sea Lion1,051– 50.1%2752,417– 34.0%293254278Shenlan/Deepal G3181,046new2692,295new296343279Exeed TX/TXL1,041– 30.0%2174,152– 10.2%235228280BYD Qin1,037+ 2.7%2432,417– 12.5%292356281Polestones 011,028+ 82.6%2882,136+ 91.6%308418282Denza Z9 GT1,025new3272,541new285306283Xpeng X91,021– 74.1%2532,722– 65.4%279232284Maxus G50/Euniq 51,019– 12.9%2642,543– 26.5%284292285Mercedes V-Class980– 19.9%2972,260– 30.7%300311286Hongqi HS7974+ 4.8%3562,158+ 30.9%307355287Hyundai Tucson973– 61.9%2922,528– 75.4%286189288Leapmotor C01969– 49.1%2233,107– 22.3%264233289ChangAn UNI-K969– 37.1%5072,194– 58.0%303274290Luxeed S7962– 69.9%2622,882– 37.3%272151291Shenlan/Deepal SL03944– 78.1%1477,025– 49.8%178126292Mercedes Vito919– 50.6%3082,038– 49.4%314279293LI Mega916– 71.6%2762,404– 25.5%294314294Jetour Shanhai L9906+ 24.3%4721,114– 64.5%374294295Baojun Yep Plus883new3171,624new338387296Dongfeng Forthing Xinghai S7883new3721,184new367345297Kaiyi Kunlun877new2852,238new302344298Lincoln Corsair875– 50.8%3022,091– 56.1%310266299VW Talagon871– 46.8%2842,451– 56.6%291246300Haval H5870+ 28.7%2681,895– 7.4%320368301Wuling Xingchi869– 59.0%2393,420– 65.3%253223302Honda Elysion845– 54.3%2962,185– 67.0%304247303BMW i5842+ 835.6%3371,652+ 1388.3%334385304Lynk & Co 09838– 18.8%2733,053– 11.0%265256305Lynk & Co 900823new –823new393 –306Audi Q4 e-Tron810– 43.0%3222,054– 40.4%313269307Aion Hyper HT793+ 60.5%3091,876+ 48.2%321318308Ford Escape790– 37.6%3391,631– 53.4%336308309Lincoln Z785– 16.8%3062,120– 2.9%309296310Kaiyi Shiyue782+ 44.0%3101,360+ 29.0%352335311Chevrolet Monza/Cruze780– 81.2%2403,141– 79.2%263155312Hongqi H9770– 37.8%3301,730– 32.2%328358313Range Rover Evoque767– 50.8%3111,916– 49.8%319309314Lynk & Co 01761– 5.8%3881,391– 19.9%350357315MG ES5752new3501,315new355528316Stelato S9751new2862,016new315454317Ford Bronco741new3071,779new326346318Buick Century731– 12.8%3182,276– 33.0%298313319Zeekr X727+ 99.2%2262,866+ 93.1%273291320Land Rover Discovery Sport703– 30.4%3381,586– 45.5%339326321Audi Q6700+ 75.0%4081,260– 11.9%360397322GAC Trumpchi Empow673– 55.0%2872,837– 52.7%275244323Livan Maple X3 Pro670new437781new397574324Dongfeng Aeolus Haoji650– 35.3%3331,541– 43.0%340351325Buick Velite 6637– 92.1%2612,062– 87.0%312138326Mercedes GLA624– 34.3%3041,724– 23.4%329373327VW ID.7 VIZZION621– 5.9%360917– 73.4%382369328Audi Q2L613– 40.3%3201,419– 43.2%345354329Baojun Yep602– 18.5%3241,312– 56.4%356336330Honda Fit590– 70.4%3311,327– 78.0%354278331Mazda CX-50589– 11.7%3531,399– 19.1%348366332Toyota Venza588– 70.6%3191,869– 65.5%322264333Nissan Pathfinder588– 40.9%3161,691+ 27.3%332298334Tank 700584– 73.9%3231,712– 23.4%330284335Peugeot 408583– 78.8%3031,999– 50.8%316285336Honda HR-V583– 75.3%3211,965– 81.2%317204337Hyundai ix35583+ 7187.5%2892,903+ 13723.8%271301338Mini Cooper EV579new –579new421 –339Smart #3568– 13.8%3811,094– 20.8%376348340Bestune NAT566– 73.1%3971,369– 54.5%351258341Hongqi HQ9553+ 120.3%3551,790+ 251.0%325398342Kia EV5547+ 2.6%3141,119– 20.1%372390343Venucia Grand V543– 65.6%3011,685– 66.0%333268344Skoda Superb530+ 65.1%3281,468+ 36.8%341378345Kia Forte Furuidi522– 84.8%2792,656– 66.5%280257346Honda Avancier521– 65.1%3321,632– 66.8%335265347Nissan Tiida520– 76.1%3451,337– 74.6%353271348NIO ES8514– 35.9%3121,439– 21.4%343337349Audi Q5L Sportback507– 13.6%3651,242– 35.0%362377350Exeed VX (Lanyue)504– 16.3%2911,392– 23.4%349316351COS Z6503– 91.4%2742,958– 90.3%270106352VW T-Cross502– 69.2%3743,835– 10.0%240382353Roewe iMAX8501– 76.7%443844– 68.1%390393354Venucia D60497– 54.7%2932,251– 26.6%301242355Lingbao BOX489– 17.0%3251,457– 11.8%342352356Roewe i6/ei6 MAX482+ 560.3%3661,275+ 191.1%358350357Honda Vezel470– 77.3%3631,213– 82.4%364267358BYD e6465– 16.7%474548– 75.7%428426359Jaguar XEL465– 16.4%384919– 44.3%381353360Lynk & Co Z10465new3361,307new357383361Bestune Yueyi 03459new –459new441 –362Rising Auto F7452+ 187.9%394900+ 173.6%386456363Cadillac XT4440– 56.7%2901,737– 49.6%327338364GAC Trumpchi E9424– 55.2%3401,246– 55.5%361295365Jetta VA7421new3461,169new368656366BMW 2-Series Active Tourer419n/a419571n/a422 –367Kaiyi XuanJie/Pro409– 63.8%3491,144– 67.7%370333368Fukang eElysee409+ 190.1%421677+ 380.1%405415369Exeed Yaoguang 405– 82.3%2831,843– 67.1%323203370WEY Gaoshan402– 35.7%3421,116– 47.3%373391371Exeed Exlantix ET398new3291,408new346224372AvatR 11397– 68.5%3711,401– 58.1%347349373Chery Tiggo 7 PLUS394new3431,194new365473374Chana Honor378– 64.3%2002,763– 5.3%278287375Honda S7373new –373new456 –376Chery Fengyun T10353new378905new385400377Wuling Journey350– 21.0%3626,055+ 371.9%193277378Toyota Harrier348– 65.0%3512,500– 25.6%289319379Maxus Dajia 9348+ 152.2%379774+ 69.4%398474380NIO ET7347– 51.3%370847– 19.9%389372381Cadillac XT6344+ 6.2%3581,241+ 10.4%363419382Smart #5344new392818new394522383Wuling Xingchen/Asta343– 77.0%n/a1,822– 79.5%324259384Jaguar XFL338– 47.5%409672– 66.6%408340385JMEV EV3337+ 129.3%382716+ 64.6%402395386Mazda CX-30336+ 232.7%395875+ 250.0%388479387Chery Big Ant330+ 61.0%393668– 23.1%409402388Arcfox αS330+ 459.3%354676+ 463.3%406490389Maxus G10/EG10328– 19.8%376943– 14.4%380438390Honda UR-V325– 58.6%3471,143– 63.7%371334391VW Tayron X324– 28.8%444818– 54.3%395339392Dongfeng Forthing U-Tour V9319new479373new455406393Geometry A314– 78.8%3051,626– 72.0%337261394Cadillac CT6313– 50.0%361977– 40.6%378430395Skoda Kamiq310– 13.2%367906– 25.4%384414396Denza Z9310new3901,010new377542397Exeed LX (Zhui Feng)307+ 6.2%417429– 41.3%445467398Honda XR-V306– 80.9%3481,265– 87.4%359243399Dongfeng Forthing Leiting305– 30.5%530312– 70.3%467532400Roewe D5X301n/a438607+ 60600.0%415408401JAC EV3299– 38.2%377722– 31.7%400304402Haval Big Dog II292new2941,152new369347403ChangAn UNI-T288– 64.7%373806– 79.7%396362404Arcfox αT288+ 1957.1%556289+ 248.2%470560405Mini Aceman280new –280new474 –406Mercedes EQB279– 58.1%406701– 48.7%404436407Hongqi Tiangong 05277new413464new439 –408Beijing BJ60273– 33.1%375827– 37.3%392388409Audi Q3 Sportback265– 47.2%425583– 49.3%420433410Skyworth EV6260– 49.3%427554– 39.3%426394411Mercedes EQE SUV256– 29.1%364713– 66.0%403367412JMEV Yi254+ 408.0%398541– 12.6%430448413Dongfeng Fengxing Yacht252+ 108.3%551261– 53.2%482548414Hyundai Santa Fe252+ 231.6%403638+ 192.7%412506415Dongfeng Aeolus E70252n/a387717– 82.3%401307416Denza N7251+ 45.1%359649– 17.5%410328417Mercedes EQA247– 72.9%453477– 64.9%435464418Buick Electra E4235+ 38.2%420430+ 75.5%444552419Dongfeng Fengon 380/E380231– 33.6%396541– 47.5%429439420ChangAn Raeton PLUS228– 74.8%3441,109– 67.0%375375421Bestune T90228– 65.0%404643– 77.7%411341422Kia K3227– 73.4%2981,427– 49.3%344312423Kia Sonet224+ 22300.0%511262+ 26100.0%480568424Honda e:NP2210new418467new437466425Buick Enclave209+ 6.1%391604– 48.4%416486426Kia K5207+ 115.6%401600+ 115.8%418527427Lincoln Aviator201– 46.7%434494– 54.3%433431428Foton Fengjing G5200new334730new399551429Sehol Aipao198– 26.9%452359– 27.2%457470430SWM X3193new –193new492638431Dongfeng Fengon MINI EV190– 46.9% –204– 81.8%491493432GAC Trumpchi ES9189– 62.5%368675– 70.1%407361433WEY Mocha188+ 19.7%412554+ 38.8%427503434Skyworth HT-I184– 75.7%407565– 65.9%425386435JAC Yiwei Huaxianzi 183new –183new495 –436BYD e3181+ 15.3%457287– 53.4%472494437Hongqi EH7176+ 45.5%402494+ 192.3%432392438Citroen C5 Aircross174– 32.8%439418– 35.8%446423439NIO EC7169– 51.6%426405– 33.7%450458440Xpeng P7168– 89.5%389621– 85.3%414273441Toyota Levin GT (Lingshang)165– 60.7%400584– 60.0%419413442Aion Hyper GT164– 84.0%386513– 67.4%431380443Zeekr MIX162new422392new453518444Dongfeng Fengdu Paladin161– 30.3%445413– 54.3%447460445IM LS7160– 4.8%405462– 17.9%440468446Changan Yida155– 91.2%441266– 97.9%479282447VW ID.6 CROZZ150– 43.2%496184– 79.1%494421448Skoda Karoq150– 38.0%448334– 58.0%462482449Peugeot 5008150+ 66.7%462275+ 21.1%476495450LEVC L380150new456332new463526451Peugeot 4008147– 36.6%455341– 37.8%460434452Toyota bZ4X146– 65.1%466277– 66.1%475396453Kia Sportage146– 46.5%416412– 66.4%449443454Dongfeng Fengxing Jingye S50145– 77.5%508565– 61.7%424376455Lingbao UNI133– 35.7%430387– 26.1%454463456Dongfeng Fengon 580128– 77.3% –128– 87.8%508476457Yangwang U8127– 88.3%446480– 86.4%434365458Kia Carnival127– 8.6%383465+ 21.7%438509459Hongqi Tiangong 08122new357894new387537460Jetour Shanhai L6121new423601new417379461Chevrolet Equinox120– 38.5%440434– 39.5%443459462Livan 7118– 29.8%436358– 65.8%458416463Peugeot 508118– 25.8%460314– 47.3%465480464Honda e:NS1116– 76.7%411288– 83.6%471462465BYD Corvette 07113– 89.9%428476– 87.0%436305466BAW Yuanbao107+ 345.8%432292– 46.1%469521467Lingxi L107new485167new497585468Honda Life106– 54.7%431347– 59.6%459469469SWM G01F106new532120new513596470Maxus Dajia 7104new433313new466529471Rising Auto R7102– 33.3%473230– 90.1%488429472Livan 8102new399400new452592473Volvo EX30100new450323new464523474SWM G0598n/a486162– 82.9%498517475Mercedes EQE97– 76.4%415401– 73.1%451452476Infiniti QX6094– 4.1%464272– 10.2%477507477Toyota IZOA93– 58.7%501119– 88.8%514491478JAC QX PHEV92– 66.3%410447– 8.4%442497479Changan Yuexiang92n/a469147n/a501 –480Chevrolet Equinox Plus90new454261new481505481Link Tour E-M887new –87new526601482ChangAn CS9583+ 492.9% –83+ 50.9%528612483Ford Tourneo82– 63.9%516110– 68.8%517545484Beijing Warrior81– 30.2%451295+ 56.9%468536485Skoda Octavia70+ 29.6%481160– 9.1%499538486Geely Xingrui L68– 92.1%465228– 80.0%489409487JAC Refine RF868new442280new473502488Qiyuan/Nevo A0664– 95.4% –64– 98.6%540404489VW Touran62– 43.1%51094– 69.3%524554490Cadillac Lyriq61– 29.9%506120– 63.9%511543491Geely Jiaji 60– 72.6%463413+ 27.1%448511492Kaiyi Xuandu57– 46.2%537126– 33.3%509575493Jetour X70S EV55new –55new547 –494Cadillac Optiq54new476129new506481495Bestune T7753+ 130.4%471836+ 294.3%391417496Livan Maple 80V52+ 2500.0%526144+ 7100.0%502599497Dongfeng Fengon 330/37051– 82.0%470141– 85.8%503485498BYD D151– 62.2%51282– 73.5%529562499Dongfeng Fengon E347– 76.5%51571– 71.7%536549500Ora Ballet Cat46– 62.6%477120– 68.3%512519501Geometry E45– 97.0%461260– 96.6%484252502Honda e:NS245new52262new542583503Peugeot 408 X44– 93.1%498118– 94.9%515445504JAC X8 Plus43– 88.9%429248– 68.3%485553505Skoda Kodiaq40– 88.0%480179– 67.4%496475506Venucia Star39– 55.7%502100– 53.3%521561507JAC X8 E Family38new497109new518610508VGV U7037– 81.3%50980– 93.6%532441509Jaguar E-Pace37– 61.5%49097– 73.0%523557510Ora Lightning Cat 36– 89.9%50099– 89.3%522478511Baojun KiWi EV35– 68.2%482129– 80.6%505444512Hongqi Tiangong 0635new –35new557 –513GAC Trumpchi Emkoo34– 97.6% –50– 99.1%550360514Volvo EM9033new499140new504567515Aion LX32– 17.9%54439– 67.5%554572516Maxus G7029new49386new527586517Maxus G9028– 65.9%51481– 66.4%531559518Hongqi Guoyao27new54940new553615519Letin Mango27new467123new510588520Dongfeng Fengon S56026– 94.6%52953– 93.5%548501521Infiniti QX5026– 69.4%52066– 51.5%539577522Hongqi Guoya24new492116new516631523Maxus Dajia 522– 76.1%50382– 72.3%530540524MG 621– 65.6%50579– 75.8%533535525Honda Crider21– 56.3%478906+ 304.5%383403526Chevrolet Seeker21– 43.2%49161– 70.0%543571527Honda P721new –21new564 –528MG One20– 87.1%495103– 84.7%520483529SWM Big Tiger20– 83.5%48492– 82.8%525498530Kia Pegas18– 55.0%53429– 93.8%558566531EV House Yue 0117new51350new549 –532Maxus Territory17new50443new552589533IM L715– 92.6%48968– 78.5%537556534Chevrolet Blazer13– 92.5%52137– 94.5%555530535BMW X212– 96.8%52724– 98.4%562516536Chevrolet Malibu12– 95.4%51757– 95.8%545471537Fukang ES60010+ 0.0%414231+ 2210.0%487582538MG Mulan / MG48– 97.4%52344– 95.7%551359539Hongqi Guoli8new54820new565 –540Toyota Allion7– 97.1%538945– 11.3%379449541Buick Encore6– 96.4% –18– 97.4%566531542Chevrolet Menlo6– 96.0%52526– 91.8%561564543Haval M65– 99.8%449626– 89.7%413262544Toyota C-HR5– 99.4%55427– 98.9%560411545Dongfeng EV Nano Box5– 99.3% –5– 99.3%583451546Beijing U5 Plus5– 96.4%487103– 26.4%519541547Peugeot 20085– 44.4%54210– 96.6%570591548Beijing Rubik’s Cube / Mofang4– 99.4%53922– 97.9%563427549BMW 1 Series4– 94.1%5369– 97.0%572581550Ford Mustang Mach E4– 82.6%51928– 77.4%559550551Geometry G63– 99.6%5526– 99.8%579453552Dongfeng Fengon iX53– 99.5% –3– 99.6%587420553Hyundai La Festa3– 98.8%5535– 98.8%582539554Roewe RX93+ 50.0% –4– 88.2%584499555Lynk & Co 053n/a –11n/a569633556Wuling Air2– 99.5%5436– 99.3%580504557Hycan V092– 98.4% –2– 99.5%595565558Audi e-Tron2– 93.3% –2– 99.3%593590559Hongqi E-HS92– 83.3%49475– 89.9%535546560Hycan 0072+ 100.0% –2– 71.4%594639561Hyundai Mistra2+ 100.0% –3+ 0.0%586650562Buick Velite 72n/a –3n/a585641563VW Tacqua1– 99.9% –2– 99.9%592321564NIO ES71– 99.7%541335– 34.7%461508565Polestar 41– 99.7%53563– 90.0%541513566Dongfeng Fengon 5001– 99.5%5339– 99.4%573465567Roewe Clever1– 99.5% –1– 99.8%601558568Honda e:NP11– 98.9%5289– 94.0%574510569Buick Envista1– 98.1%5576– 97.9%576580570Dongfeng Aeolus EX11– 75.0% –1– 75.0%600636

Source: CAAM