China wholesales February 2026: Market down -15.2%, BYD off -64.3%, Li i6 up to record #6

The Li i6 scores its first Top 10 finish only five months after launch.

According to data by the CAAM, Chinese wholesales drop a harsh -15.2% year-on-year in February to 1,805,000 units, bringing the year-to-date tally down -8.8% to 4,152,000. Passenger Vehicles are down -15.4% to 1,536,000 for the month and down -10.7% to 3,524,000 year-to-date while Commercial Vehicles are off -14% to 269,000 in February but up 3.9% year-to-date to 627,000. A few factors explain this paltry result. The period corresponds to the end of tax breaks for electric vehicles and the scaling back of local government trade-in subsidies. Also, this year’s Chinese New Year holiday fell in the latter half of February and lasted longer than usual, leaving only 16 working days for the month. Also at play are earlier-than-usual demand releases in late 2025 and a high comparison base from the previous year. Domestic sales sink -32.9% to just 1,133,000 and are down -23.1% to 2,799,00 after two months. 

For once sales of electrified vehicles (NEVs) also fall. BEVs are off -10.9% to 484,000 for the month, tilting the year-to-date volume into negative territory at -3.7% to 1,081,000. PHEVs are hit harder at -19.4% to 280,000 in February and -11.9% to 628,000 so far this year. In February, NEVs account for 42.7% of domestic sales, that market share being 46.8% for Passenger Vehicles and 21.1% for Commercial Vehicles. Meanwhile exports surge 58% to 586,000 Passenger Vehicles while Commercial Vehicle exports are up 23.1% to 87,000. Of note is the unsold car inventory reaching 3.57 million at the end of January, up from 580,000 a year earlier. Finally, China’s domestic passenger car brands are down -15.9% to 1,078,000 units or 70.2% share vs. 70.6% a year ago in February 2025, while the year-to-date tally is off -12.1% to 2,409,000 and 68.3% share vs. 69.4% over the same period in 2025.

The best-selling brand again, Geely places the Xingyuan at #1.

Looking at the brands ranking, we have not yet returned to “normal”. Geely (-24.6%) leads the way for the second straight month despite falling significantly faster than the market. Five Geely models manage to surpass the 10,000 sales mark: the Xingyuan (-4.3%), Boyue L (+82.8%), Xingrui (-18%), Emgrand (+39.4%) and Xingyue L (-61.9%). The carmaker’s Galaxy NEV sub-brand is up 16.7% to 21,865 sales or or 19.4% of its total volume for the month. Volkswagen (-18.9%) places 2nd with just over 100,000 sales. However all its models are in negative bar the Tiguan L (+20.7%), Lamando (+6.7%) and Tayron (+2.3%). Toyota (-13.7%) holds onto the third position, with the Highlander (+29.9%), Camry (+8.6%) and Sienna (+5.9%) preventing it from falling faster.

The big event of the month is, like in January, the complete collapse of BYD. The star carmaker sees its sales fall off a cliff at -64.3% year-on-year to just 68,623 units. Its best placed model is the Song Pro (-38%) at a paltry #27. These catastrophic results are spread across the lineup, with the Seagull down -78.3%, the Qin Plus at -73.5%, the Tang at -68.6% and the Yuan Plus at -34.1%. The Seal 05 (+227.1%) and Dolphin (+1.2%) are the only models in positive just as the new Sealion 06 is able to inject an additional 6,287 sales to the brand’s total. Explanations for these two months of horrendous performance are difficult to isolate. The most probable cause is pulled-forward sales to the end of 2025, but the brand was already falling heavily then. Perhaps BYD has lost the pricing race to the bottom and dealers are reluctant to reduce prices further, resulting in a lack of competitiveness. The first two months of the year are usually pretty chaotic so the brand’s March performance will be a more reliable indicator of its long-term health.

The new Sealion 06 adds a much needed 6,300 sales to BYD’s total

Despite the surrounding gloom, there are still brands in YoY positive this month. Chery (+9.55) advances to 5th place, a ranking it now also holds year-to-date. Tesla (+42.7%) impresses at #6 but ranks #14 year-to-date vs. #9 over the Full Year 2025. BMW (+0.6%) edges up at #9 as does Li Auto (+0.6%) at #12, its highest ranking since December 2024. Further down, notice Fang Cheng Bao (+193.2%), NIO (+65.4%), AITO (+55.5%) and Nevo (+52.3%), all brands above the symbolic 10,000 volume mark. Disappointing are Mercedes (-48.4%), Wuling (-35.1%), Hongqi (-29.6%) and Buick (-24.6%). As for Audi (-12.8%) it can’t benefit from the launch of the “made exclusively for China” E5 sportback which only sold a meagre 303 units in February.

As far as the models ranking is concerned, the Geely Xingyuan (-4.3%) reclaims the pole position for the first time since last August. The Tesla Model Y (+215.8%) surges to #2, outclassing its local competitor the new Xiaomi YU7, down to #3 but still in the YTD lead after a fantastic victory in January. The Geely Boyue L (+82.8%) shoots up but drops two spots on January to #4 while the VW Lavida (-14.8%) is back up three ranks to round out the Top 5. The best performer in the Top 10 is the new Li i6 up 14 spots on last month to a record #6. This is a particularly strong result for a model launched last September, and could push Li Auto to release more BEVs after relying almost exclusively on EREVs. Further down, the NIO ES8 (+2250.7%) continues to impress at #17.

Previous month: China wholesales January 2026: Xiaomi YU7 overall best-seller, BYD down -62.3%

One year ago: China wholesales February 2025: Geely Xingyuan best-seller, Xiaomi SU7 #4

Full February 2026 Top 95 All brands and Top 587 All models below.

China wholesales February 2026 – brands:

PosBrandFeb-26/25Jan2026/24PosFY251Geely  112,824– 24.6%1278,073– 20.1%122Volkswagen100,360– 18.9%2260,829– 11.8%233Toyota71,844– 13.7%3200,421– 3.0%344BYD68,623– 64.3%4137,209– 63.3%415Chery44,892+ 9.5%894,040– 12.6%576Tesla38,206+ 42.7%2656,691– 6.3%1497ChangAn (incl. Chana)37,498– 18.9%1181,714– 33.2%868Wuling33,131– 35.1%1079,659– 26.4%1059BMW32,589+ 0.6%783,093– 2.2%71210Audi29,243– 12.8%681,444– 6.8%91011Honda28,725– 15.0%586,115– 16.1%6812LI Auto26,421+ 0.6%1754,089– 3.7%161813Nissan21,963– 18.8%968,651+ 0.9%111114Xiaomi20,414– 14.0%1359,416+ 27.4%121715Hongqi19,003– 29.6%1550,641– 25.2%171516Buick18,666– 24.6%1455,696– 4.8%152017Mercedes18,649– 48.4%1646,989– 38.8%181418Leapmotor18,298– 17.1%2735,834– 20.5%221319AITO17,598+ 55.5%1257,614+ 73.8%131620Lynk & Co16,501+ 4.7%1941,714– 5.7%192321Zeekr15,956+ 13.7%2435,091+ 35.1%232822NIO15,124+ 65.4%2235,968+ 110.4%212923Fang Cheng Bao14,491+ 193.2%2334,226+ 206.7%242724GAC 12,720– 17.9%1839,391+ 17.8%202625Haval12,391– 42.8%2034,135– 31.7%251926Xpeng11,608– 58.5%2828,415– 49.5%272127Qiyuan/Nevo10,092+ 52.3%3122,938+ 57.6%293028DongFeng8,906+ 9.4%3022,203+ 28.5%303429Voyah8,358+ 4.3%3618,873+ 18.7%323730Aion7,725– 61.0%2129,022– 12.5%262431Beijing7,347+ 20.9%3318,818+ 27.7%333632COS7,101– 7.3%3717,392– 20.0%364233MG7,021+ 0.4%2922,021+ 39.3%313934Hyundai6,603+ 1.3%3418,004– 1.0%344135Deepal6,174– 62.8%3517,304– 47.1%372536Ford5,876– 26.9%4214,431– 29.8%414337Jetta5,503– 25.6%4014,803– 10.3%394438Jetour5,370– 79.7%2524,397– 63.4%282239Denza5,351– 38.6%4710,800– 47.2%463840TANK5,246– 41.2%4114,461– 25.4%403141WEY5,151+ 46.9%4412,802+ 53.3%424842Cadillac5,059– 16.8%3815,064– 10.4%384743Roewe4,996– 53.5%3217,721– 18.4%353244Arcfox4,758– 6.5%489,925– 10.6%483545Mazda4,702+ 23.7%4312,710+ 22.2%435046Foton4,680+ 1138.1%815,184+ 878.1%558847Stelato4,627+ 643.9%4610,211+ 707.2%476148Kia4,108– 23.2%4510,828+ 2.6%455249IM3,150+ 14.0%507,900+ 36.7%495150Volvo3,098– 62.3%3912,563– 37.4%444051Onvo2,981– 26.4%526,461– 35.1%524652Shangjie2,727new517,408new506453Firefly2,645new575,382new545954Bestune2,491– 72.2%535,613– 69.6%533355Luxeed2,338– 75.6%497,174– 67.5%514956AvatR2,065– 45.4%545,180– 54.9%564557Yipai1,596– 60.2%623,391– 51.7%615558Nammi1,532– 49.2%593,733– 21.2%5956592121,442+ 26.2%643,050+ 22.3%627360Exeed1,408– 58.5%583,932– 44.8%585461Lincoln1,387– 32.4%554,393– 11.9%576062Polestones1,298+ 114.2%762,326+ 109.9%717663Baojun1,275– 20.5%692,616– 21.1%655764Yangtze1,151n/a682,506n/a68n/a65Jinbei1,117n/a662,552n/a67n/a66Citroen 1,073– 46.2%672,484– 37.4%696967M-Hero1,033new772,041new728768iCar1,024– 80.5%652,461– 80.8%705369Kaiyi959– 33.8%751,996– 27.2%736570Maextro922new563,720new608071Peugeot896+ 22.2%612,766+ 37.6%647172Smart871– 55.2%602,974– 21.5%636373Ora839+ 15.9%632,565+ 43.0%666274BAW811– 19.6%701,978– 16.3%747075SRM792+ 16.0%711,919+ 40.5%757876Land Rover662– 21.2%791,522– 25.1%787977Karry614n/a721,698n/a76n/a78Venucia612– 59.8%741,659– 58.3%776779Maxus518– 65.3%801,267– 57.3%816880JMC (incl. JMEV)458– 70.7%85855– 66.0%836681SWM431+ 474.7%82932+ 521.3%828682JAC424– 74.4%781,384– 59.1%807483Chevrolet372– 72.2%96388– 87.0%878484Jaguar362– 12.8%731,436+ 69.3%797785Skoda357– 57.9%86657– 66.3%847586YangWang232+ 149.5%84638+ 80.7%859087Lingbao152– 72.0%88386– 68.4%888588Fukang147– 47.9%83607+ 24.1%868989Skyworth49– 83.0%91187– 72.3%919190Livan (ex Lifan Maple)45– 97.4%92172– 94.5%935891Infiniti44– 38.9%93136– 37.6%949792Lingxi22– 37.1%9568+ 13.3%959293Hedmos12new90175new929594Rising Auto (ex R)4– 98.4%87279– 51.6%899395LEVC1– 98.6%982– 98.9%9898

China wholesales February 2026 – models:

PosModelFeb-26/25Jan2026/25PosFY251Geely Xingyuan27,362– 4.3%356,369– 0.6%212Tesla Model Y25,286+ 215.8%2142,131+ 25.0%433Xiaomi YU720,196new158,065new1394Geely Boyue L19,363+ 82.8%253,539+ 65.1%3145VW Lavida16,111– 14.8%839,592– 7.4%576Li i616,007new2032,890new122037ChangAn CS75/Plus14,219+ 12.7%1931,224– 13.5%14238VW Passat14,000– 13.2%1034,841– 16.6%8139VW Sagitar13,803– 23.4%539,119– 10.6%61010Chery Tiggo 8/PLUS13,488+ 24.1%2529,193– 6.3%172511Tesla Model 312,920– 31.2%20614,560– 45.6%421912VW Tiguan L12,477+ 20.7%933,812+ 24.2%101713Geely Xingrui12,411– 18.0%1331,438– 18.2%134514Chery Arrizo 812,130+ 74.7%3524,608+ 6.3%274415Toyota Front Lander12,043– 5.6%1530,672+ 2.2%153016Fang Cheng Bao Tai 711,693new1828,809new208017NIO ES811,260+ 2250.7%1628,905+ 3024.9%1915918VW Magotan11,232– 8.0%1230,538+ 7.2%161819Toyota Camry11,172+ 8.6%1728,598+ 10.1%211520ChangAn Eado/Eado PLUS11,118+ 9.2%3025,028– 11.4%252921VW Tayron11,084+ 2.3%2327,816+ 10.7%223122Geely Emgrand10,505+ 39.4%2227,310+ 9.0%246323Honda CR-V10,162+ 21.2%1429,062+ 18.7%182424Geely Xingyue L10,144– 61.9%733,959– 39.4%91125AITO M710,093+ 93.9%436,547+ 167.8%76126BMW 3 Series L9,459+ 4.5%2724,085+ 4.1%283827BYD Song Pro9,295– 38.0%4916,776– 45.3%392628Nissan Sylphy9,030– 35.9%633,383– 12.2%11529Mercedes E-Class L8,583– 11.5%3620,702– 5.0%315230Hongqi H58,337– 20.9%2424,890– 11.6%262731Toyota RAV47,789– 32.8%3719,105– 24.1%351632Audi A6L7,749– 25.0%2623,409– 22.1%293233Audi Q5L (incl. e-Tron)7,745– 11.9%2821,935– 1.8%304634BYD Seal 067,613– 39.6%5614,400– 46.9%431235VW Tharu7,403– 24.2%3320,460– 10.9%324336Toyota Corolla Cross7,395– 18.0%1127,583+ 44.0%232237BMW 5 Series L7,247+ 40.3%3420,226+ 28.0%336438BYD Yuan PLUS7,089– 34.1%1689,370– 52.3%864939COS X5 Plus6,964+ 31.5%4116,491+ 15.0%407340Geely Binyue6,834– 52.1%4515,067– 28.4%415141Buick Envision6,506– 13.9%3219,808+ 10.8%345442Mercedes GLC6,430– 40.6%5213,575– 37.8%485343BYD Sealion 066,287new6012,927new524844Haval Big Dog/Dargo6,281– 24.5%3817,556– 12.6%384245BYD Qin PLUS6,098– 73.5%5513,081– 69.4%50446BYD Dolphin6,081+ 1.2%7911,780+ 10.4%563647BYD Seagull5,856– 78.3%8311,185– 75.2%63648BMW X35,583– 9.2%4413,924– 5.2%479449Wuling Starlight 7305,486new4812,981new5126350BYD Qin L5,450– 66.4%7611,327– 64.9%62851Wuling Bingo S5,448new7111,525new5813652Wuling Starlight 5605,402new8710,650new7156853BMW X55,283+ 46.6%4613,135+ 0.9%4910154Toyota Sienna5,086+ 5.9%4314,219+ 22.7%447755Geely Galaxy A75,059new7310,971new6711256Geely Galaxy M95,043new6311,635new5718057Toyota Corolla5,004– 16.9%7211,047– 33.2%667658Leapmotor C104,967– 38.3%1009,696– 32.7%805059Toyota Avalon4,963– 12.9%3118,312+ 28.3%375560LI L64,900– 62.8%939,925– 63.4%773361Toyota Wildlander4,886– 31.3%1019,605– 50.4%826662Honda Accord4,882– 39.3%2918,882– 24.6%363763Zeekr 9X4,878new6211,481new5923764Wuling Hongguang MINI EV4,866– 77.9%5311,999– 74.5%55265VW Bora4,741– 23.0%7010,818– 18.0%698466Changan CS55 Plus4,623+ 86.6%899,846+ 24.3%7811967Chery Tiggo 94,592+ 43.1%7710,449+ 14.6%7214268Foton Fengjing G54,587+ 1113.5%3395,081+ 858.7%14342269Toyota Highlander4,503+ 29.9%4712,009+ 26.9%549270Zeekr 7X4,486– 11.4%6510,954+ 18.3%6811571Audi A5L / Sportback4,406new5411,415new6018472GAC Trumpchi GS34,406– 11.0%4014,163+ 36.1%4511873Xpeng MONA M034,373– 71.4%5811,091– 63.7%642874WEY Gaoshan4,369+ 1173.8%5911,076+ 1451.3%6512375Roewe i5/Ei54,163– 33.1%7410,063– 22.3%768376Wuling Hongguang S4,154– 42.6%6410,703+ 17.2%709077MG 44,086+ 37045.5%3914,093+ 39047.2%4614578AITO M83,992new5011,373new614179Voyah Dreamer3,980+ 0.2%1227,554– 24.8%1028780Audi A33,952+ 5.2%789,722+ 17.2%7911181BYD Song L3,889– 61.9%1118,066– 63.7%924082Qiyuan/Nevo Q053,852+ 191.2%1068,304+ 113.6%9122583Beijing BJ403,825+ 173.0%809,398+ 169.9%859984Hongqi HS53,723– 34.0%1038,429– 42.3%897985Toyota BZ3x3,689new888,917new8810486Chery Tiggo 5×3,681+ 32.6%1247,197+ 16.6%11012987Nissan Teana/Altima3,655+ 1.2%5710,379+ 13.6%7312188Buick GL83,506– 43.1%6110,117– 27.4%756989BMW X13,492– 9.3%1107,726– 13.9%9814490Honda Breeze3,445– 48.2%4212,871– 27.7%536791Geely Galaxy E53,403– 57.5%1256,895– 67.0%1115792Leapmotor C113,380– 36.5%1326,626– 41.2%1147293Geely Galaxy Starship 73,295– 67.3%1306,604– 78.3%1166094Lynk & Co 033,250– 41.4%689,652– 30.1%8112095Zeekr 0013,205– 18.5%1426,161– 25.7%12117196Buick LaCrosse3,151– 9.3%679,554+ 11.3%8312497Denza D93,121– 60.0%1456,025– 66.2%1237598Nissan Qashqai3,088– 50.2%669,493– 32.3%847899AITO M93,085– 41.1%858,363– 52.8%9062100Arcfox T13,075new1077,404new106126101Wuling Hongguang V3,043new1057,669new99n/a102Geely Galaxy Starshine 83,033new1176,850new11296103Beijing BJ302,989+ 54.2%977,857+ 55.8%94131104Stelato S9T2,935new1087,249new108266105Chery Tiggo 72,890– 35.6%1405,872– 51.9%125147106Hyundai Elantra (new)2,878– 20.3%927,939– 23.1%93117107ChangAn UNI-V2,864– 13.7%1206,540– 39.8%119127108Mercedes C-Class L2,827– 68.1%5110,189– 46.2%7456109Aion i602,825new699,176new87343110Honda Inspire2,798+ 46.7%957,758+ 45.4%97152111Changan UNI-Z2,735– 48.4%1824,831– 60.3%14998112Shangjie H52,727new1047,408new105219113Tank 3002,708– 30.4%967,586+ 24.2%10191114Jetta VS52,707– 37.2%987,551– 21.5%103132115Qiyuan/Nevo A062,699new1027,411new104284116Haval H62,684– 64.3%947,668– 53.6%10081117Haval Raptor2,661– 25.1%1335,893– 31.4%12471118Firefly2,645new1495,382new137183119Xpeng P7+2,547– 64.8%1485,292– 65.5%14095120Deepal S072,537– 54.0%1924,512– 59.4%152105121BYD Seal 052,519+ 227.1%1594,940+ 541.6%14465122Qiyuan/Nevo Q072,508new1465,307new139110123Lynk & Co 082,495+ 15.9%1126,619+ 1.5%115155124VW Lamando2,464+ 6.7%1315,749– 11.0%129192125Cadillac XT52,440+ 13.8%997,226+ 20.2%109173126Leapmotor B012,425new1804,524new151108127GAC Trumpchi M82,404– 5.4%817,849+ 4.2%95141128Ford Mondeo2,375– 32.7%1285,828– 36.9%126157129Leapmotor C162,338– 52.8%1604,748– 53.5%15089130Hongqi E-QM52,327– 49.6%1554,876– 46.3%145107131Audi A4L2,276– 57.0%1096,576– 53.9%11788132Lynk & Co 102,181new1275,663new131220133Zeekr 0072,173+ 47.2%1894,185+ 62.6%158164134Lynk & Co 9002,153new1814,251new156151135Honda Civic2,113– 15.0%1345,330– 54.2%138148136Lynk & Co 072,099+ 106.4%1265,588+ 68.4%132216137MG 52,074– 60.7%1195,760– 49.5%128114138Jetour X702,064– 80.6%907,287– 70.8%10770139GAC Trumpchi GS82,032+ 88.5%1295,466+ 93.3%136223140Chery Fulwin A9L2,004new1834,098new161146141Buick Electra Encasa1,984new1355,138new142470142BYD Han1,962– 81.2%1744,109– 82.8%16059143Buick Regal1,959+ 52.9%1136,063+ 59.4%122166144Luxeed R71,945– 77.8%1165,766– 71.4%12786145Leapmotor B101,937new1444,843new14897146Toyota Crown Kluger1,918– 25.8%757,812+ 16.4%96122147Voyah Free1,915+ 35.2%1235,480+ 112.5%135186148Honda HR-V1,908+ 325.9%1764,031+ 191.7%165364149Deepal L061,902new2053,558new179366150Kia Stonic1,885– 1.7%1644,223+ 55.5%157243151Nissan N61,861new1394,873new146376152Cadillac CT51,857– 32.0%1215,530– 29.1%134174153Lynk & Co 061,836– 30.8%1933,730– 49.6%173172154Nissan X-Trail1,833– 19.8%1384,860+ 2.3%147178155Hongqi HS61,810new1185,577new133537156LI L71,788– 69.1%1783,901– 68.2%16985157Leapmotor T031,763– 29.8%3712,085– 70.3%242156158Xpeng X91,720+ 91.1%1145,691+ 234.6%130254159Stelato S91,692+ 172.0%2312,962+ 134.2%202269160Geely Binrui1,680+ 20.4%3801,956– 54.5%250332161NIO ET5T1,667– 34.0%2273,001– 33.1%199158162Onvo L601,664– 58.9%1913,642– 63.4%176116164Audi Q31,651– 29.6%1574,077– 18.7%162190165Ford Edge/Edge L1,621– 4.0%1584,043– 9.7%164195166Chery Fulwin T91,607– 31.6%2572,667– 51.8%213140167BYD Sealion 051,588– 45.1%2033,300– 48.2%18958168Geely Panda Mini1,586– 87.7%1883,601– 87.5%17735169Hyundai Tucson1,562+ 174.5%1613,951+ 154.1%166245170VW T-Roc1,540– 63.9%1733,723– 55.4%174134171Mazda EZ-601,524new1414,500new153297172Wuling Bingo1,513– 85.1%1524,133– 81.5%15947173Dongfeng Aeolus L71,501– 52.3%1653,815– 40.5%171160174Bestune Xiaoma1,493– 79.8%2362,732– 78.5%20868175Leapmotor Lafa 51,482new1983,289new190268176Toyota Granvia1,472– 59.1%916,540– 25.6%120103177IM LS61,440+ 2.4%1843,530+ 17.0%180143178212 T011,435+ 25.5%2093,043+ 22.0%197276179GAC Trumpchi M61,426– 33.6%1434,338+ 40.6%154221180Denza N8L1,423new1863,446new184314181Jetta VS81,409new2023,128new195387182Dongfeng Aeolus Hyun (Yixuan)1,395+ 95.1%2382,619+ 49.4%215301183Tank 4001,345– 20.2%1623,734– 9.6%172165184Mazda CX-51,342+ 3.5%1753,473– 13.8%183199185Nissan Zhengzhou Z91,339n/a2282,659n/a214n/a186VW Teramont1,337– 36.0%1543,901– 29.7%170185187BYD Tang1,328– 68.6%2142,830– 74.0%203106188Onvo L901,317new2152,819new205167189Jetour Traveler1,312– 73.6%826,667– 49.3%113102190IM LS91,306new1773,419new185401191Fang Cheng Bao Tai 31,305new2412,501new219113192Polestones 011,298+ 114.2%2622,326+ 109.9%226293193Fang Cheng Bao Bao 51,289– 57.3%2432,467– 60.4%221130194Wuling Sunshine1,282new1673,577new178n/a195Chery Arrizo 5/5e1,280+ 10.0%1943,162+ 17.9%193241196Aion Y1,276– 81.4%846,563– 44.0%11893197Lynk & Co 091,243+ 81.2%1963,069+ 38.6%196311198Hongqi HS3 1,239– 59.6%2013,027– 60.0%198125199Aion RT1,223– 69.7%1374,294– 36.1%155133200Li i81,210new2662,223new233231201Tank 5001,193– 59.0%1992,999– 62.6%200150202NIO ES61,178– 63.3%2712,160– 63.3%239169203Voyah Courage1,161– 55.8%2082,787– 15.1%206232204Dongfeng Aeolus L81,160new1713,350new187325205Yangtze Finless Porpoise1,151n/a2262,506n/a218n/a206Nammi 011,149– 61.9%2042,824– 40.4%204177207Yipai eπ0081,149– 44.9%2632,172– 42.8%237205208VW CC1,120– 36.9%2252,482– 43.9%220270209Jinbei X30L1,117new2212,552new216n/a210Toyota Prado1,104+ 6.2%1693,356+ 31.8%186239211AvatR 071,100– 58.4%2102,706– 63.3%210137212Xpeng G71,094new2342,354new224224213Changan Lumin1,087– 89.1%2472,246– 87.4%23134214LI L91,082– 67.2%2602,129– 72.0%241163215Aion UT1,054+ 202.9%1703,254+ 835.1%191149216Dongfeng Rich 61,052n/a2831,969n/a249n/a217Hyundai Custo1,050+ 50.6%1793,162+ 108.7%194277218Geely Galaxy V9001,047new3491,485new281621219LI L81,046– 68.7%2452,219– 71.1%234168220Volvo S60L1,041– 40.3%1563,492– 15.6%181222221Voyah Taishan1,040new2072,669new212424222M-Hero M8171,033new2682,041new243391223iCAR V231,024– 73.4%2202,461– 76.0%223109224Chery Fengyun T111,022new2352,264new230355225Qiyuan/Nevo A071,015– 73.5%2991,771– 75.7%259135226VW Tavendor988– 42.9%2172,463– 40.7%222210227Xpeng G6967– 68.2%2731,937– 67.5%251153228Citroen C5 X943– 50.1%2422,138– 42.6%240285229Zeekr 009927– 58.8%3131,503– 56.9%279259230Maextro S800922new1473,720new175328231Hyundai Sonata903+ 2.6%2242,299+ 10.3%227295232Honda Fit897+ 125.4%473959+ 30.1%325478233Geely Galaxy Star 6865new1663,163new192273234Hongqi H6855– 40.3%2442,029– 41.6%245261235Arcfox αS5844– 55.2%547852– 79.2%337194236Lynk & Co Z20831new3351,335new294n/a237Dongfeng Ruichi EC75817n/a3041,513n/a278n/a238Chery Tiggo 3×811– 72.8%2781,761– 70.6%260218239Arcfox αT5802– 54.5%3511,228– 60.3%303161240SRM Golden Sea Lion792+ 16.0%2531,919+ 40.5%252304241Aion S788– 85.0%1363,936– 53.1%167128242MG 7775– 42.2%2391,996– 45.5%248292243Volvo XC60769– 83.9%1503,487– 68.8%182100244VW Golf756– 66.9%2501,891– 58.8%254191245Dongfeng Rich755n/a2931,604n/a270n/a246Bestune Yueyi 03741new2122,285new229204247Volvo XC70737new1872,753new207313248Kia K3736+ 39.1%2701,730+ 44.2%263388249Buick Electra E5727– 32.9%2192,171+ 2.6%238306250GAC Trumpchi E8725– 37.6%2112,286– 8.7%228208251WEY Lanshan (Blue Mountain)721– 76.0%2871,624– 77.7%267176252Lincoln Z713+ 43.8%2292,021+ 51.4%246318253Geely Haoyue L705– 21.4%1513,338– 15.2%188316254Wuling Rongguang704new1902,686new211n/a255Mazda EZ-6703+ 90.5%2302,008+ 131.6%247265256Jetta VA3697– 55.1%1952,545– 10.5%217198257Honda Odyssey696– 41.4%2132,238– 24.6%232258258Kia Seltos695+ 5.5%2491,833+ 22.3%256260259Dongfeng Future (incl Lingzhi M5EV)694– 12.2%2521,821+ 28.7%258280260Peugeot 408685+ 35.6%2162,179+ 53.9%236321261Xpeng P7676+ 221.9%2921,530+ 237.7%277247262AvatR 06669new2841,582new274187263Mazda3 Axela666– 58.9%2771,622– 61.0%268289264GAC Trumpchi S7661– 0.8%2671,669+ 150.6%265267265Deepal L07659new3301,168new309n/a266Range Rover Evoque658+ 35.1%2941,497+ 30.3%280365267BAW M7654– 26.8%2651,667– 23.5%266279268Exeed TX/TXL (Linguyun)639– 50.9%3221,179– 62.1%306334269BYD Xia625– 77.1%3021,357– 75.4%288207270Denza N9625new3571,026new323206271Ora 5 EV621new2401,841new255447272Karry Little Elephant EV614n/a2551,698n/a264n/a273Jetta VS7598– 50.4%3001,346– 59.0%292282274Nissan N7587new2721,565new275162275BMW i3577– 64.2%2611,615– 55.3%269229276BYD e7561new3051,234new301308277BYD Seal 06GT559– 88.3%3121,157– 86.6%311154278Honda Vezel552+ 97.1%3291,062+ 42.9%316404279Deepal SL03544– 79.4%3181,108– 81.8%313250280Jetour Shanhai L7 Plus539– 51.4%1972,348+ 10.9%225197281Ford Equator/Sport (Lingyu/Lingrui)538– 54.0%3111,137– 61.9%312305282Volvo S90522– 61.3%1722,707– 29.7%209235283Kaiyi Kunlun494– 22.3%3231,030– 24.3%322319284BYD Tang L493new3101,094new314181285BYD Han L485new3141,055new318215286NIO ET5482– 54.3%347929– 52.2%327283287Ford Explorer477– 38.5%2911,334– 30.6%295307288Lincoln Nautilus476– 49.1%2321,742– 18.7%261271289Smart #1473– 68.6%3151,043– 62.6%319248290GAC Trumpchi GS4472– 72.6%2891,369– 53.4%286310291Cadillac XT4469– 17.7%2901,355+ 4.5%290336292Baojun Enjoy453new456535new372496293Buick Electra L7449new2481,589new272368294NIO EC6448– 69.7%364806– 71.0%340272295GAC Trumpchi Empow447– 27.7%2181,904– 12.0%253351296Roewe M7447new2691,448new282331297Yipai eπ007447– 76.7%2971,219– 62.2%304226298Chana Honor S440– 71.3%3171,004– 57.9%324329299AITO M5428– 50.7%2861,331– 25.2%296189300BMW iX1428– 61.8%3011,172– 41.5%308302301Wuling Xingchi422– 61.9%2961,244– 51.2%300354302Audi Q6L (incl. e-Tron)419+ 161.9%2801,357+ 142.3%287330303Toyota Levin416– 85.3%2791,357– 81.0%289200304Baojun Yunhai407– 39.2%3091,035– 31.0%320298305Exeed Exlantix ET5400new2231,826new257463306Jetour Freedom399– 88.4%2002,197– 49.5%235139307VW Talagon399– 39.1%3081,031– 34.7%321322308Aion V393– 84.8%2881,292– 71.7%297179309Luxeed S7393– 52.8%2641,408– 26.7%283324310Ford Ranger390n/a367737n/a347n/a311LI Mega388– 43.0%355802– 46.1%342264312Nammi 06383new324909new330339313IM L6381– 67.2%338876– 63.6%334246314Jetour Zhongheng G700381new2461,551new276425315Kia Sportage L374– 29.3%2741,337– 3.4%293287316Dongfeng Rich 7372n/a331881n/a333n/a317Hongqi H9371– 8.6%340865– 9.9%336363318Jetour Dasheng370– 84.0%1532,976– 58.4%201209319Geely Icon369– 72.0%2371,597– 61.5%271252320JMEV Yi367+ 96.3%378651+ 126.8%359451321Chana Star 5359n/a325881n/a332n/a322Chevrolet Malibu356+ 2273.3%553363+ 706.7%406547323Kaiyi XuanJie/Pro355+ 12.0%366708– 3.7%355399324Baojun Yep Plus354– 23.0%342829+ 11.9%338211325Jaguar XFL354+ 122.6%2591,406+ 321.0%284377326Deepal G318353– 52.9%419511– 59.1%378335327Audi A7L350– 77.3%2951,180– 68.4%305281328Chery Fulwin X3341new365697new357395329BMW 2-Series335+ 144.5%346785+ 416.4%344372330Chery QQ Ice Cream334– 78.7%362710– 70.3%354201331Honda Integra332– 82.4%2811,268– 80.7%299262332Haval H9323– 62.3%2561,385– 38.2%285312333Lynk & Co 01320+ 51.7%2331,583+ 151.3%273347334Mazda CX-50313– 0.3%359705– 13.0%356431335VW ID.3306– 90.1%345758– 86.8%345182336AUDI E5303new353723new352386337Beijing X7301– 43.0%372614– 21.1%365398338Smart #5301+ 44.7%2221,734+ 265.8%262410339SWM G01F300+ 4185.7%376598+ 4171.4%368452340Venucia Grand V300– 41.1%316867– 24.1%335375341Maxus G50/Euniq 5293– 63.1%348737– 51.6%348344342Wuling Jiachen285– 84.7%306942– 49.8%326317343Zeekr X285– 76.0%326804– 62.4%341361344BYD Seal 07277new393515new376213345Dongfeng Fengxing Xinghai T5274new307911n/a328482346Ford Bronco272– 45.1%320827– 20.3%339359347Kia Forte Furuidi271– 59.3%2751,229– 42.4%302350348Voyah Zhuiguang262new436383new403416349Haval H5246– 67.2%321794– 22.5%343340350Skoda Superb244– 40.8%383515– 45.1%377379351AvatR 12239– 72.9%328750– 75.9%346257352Xpeng G9231– 81.7%377520– 77.4%374253353Dongfeng Forthing Xinghai S7230– 11.2%2581,285+ 326.9%298286354BYD Song PLUS 229– 98.8%360620– 98.4%36220355Toyota bZ5225new333730new350315356VW Viloran225– 74.6%350657– 62.9%358333357Nissan Navara224n/a420376n/a405n/a358Buick Verano223– 90.7%336726– 87.8%351256359Dongfeng Forthing U-Tour V9220+ 436.6%389471+ 772.2%384437360Ora Good Cat218– 66.8%337720– 56.5%353202361Xiaomi SU7218– 99.1%2511,351– 97.1%2919362Chery Fulwin T8211– 55.5%394448– 31.2%389299363Chery Little Ant (eQ1)209– 90.9%406401– 89.7%396240364JAC Refine (M3+E3)206– 79.4%303909– 57.1%329338365Dongfeng Aeolus Haoji204– 46.2%401411– 53.9%394418366Fang Cheng Bao Bao 8204– 89.4%391449– 90.9%387244367Ford Escape203– 42.0%370525– 37.6%373390368Roewe D7201– 93.3%2761,158– 73.7%310227369Honda XR-V200– 37.9%375498– 48.1%382444370Venucia VX6197– 53.5%373505– 50.5%380327371BYD Sealion 07194– 94.4%386456– 94.2%385138372Honda Avancier193– 51.3%358585– 47.3%370400373Honda Elysion192– 64.3%352615– 54.1%364370374Hongqi HQ9190– 38.7%459270– 78.2%419403375Deepal S09179new2851,088new315300376Mercedes V-Class178– 66.5%363552– 56.9%371337377Jetour Shanhai T1173– 62.9%319735– 56.7%349238378Chery Fulwin A8172– 84.2%399393– 87.0%398296379Audi Q2L170– 62.5%379448– 44.4%388405380Bestune Yueyi 07170new396397new397432381Exeed VX (Lanyue)169– 70.3%392413– 53.5%393383382JAC EV3168– 33.3%405361– 14.7%407480383BMW i5166– 53.6%398388– 52.1%401374384Wuling Starlight165– 89.5%388417– 89.0%392217385Nissan Zhengzhou Frontier Pro164n/a397391n/a399n/a386Mercedes Vito161– 67.3%368508– 54.6%379349387VW ID.4 CROZZ160– 76.7%344614– 61.1%366249388Mercedes EQB157– 3.7%341635+ 50.5%361441389Toyota bZ3156– 89.1%374456– 90.8%386234390Denza Z9 GT154– 63.5%471216– 85.8%434369391Mazda CX-30154– 23.0%390402– 25.4%395453392Honda P7152new381426new391443393Fukang eElysee147+ 12.2%343607+ 126.5%367427394Hyundai ix35145– 75.5%409323– 86.1%409396395Lincoln Corsair145– 71.5%369480– 60.5%383392396Roewe D6137new2821,061new317236397COS 520135new298897new331352398Cadillac CT6132– 53.0%387390– 41.3%400501399Jetour X90132– 88.1%334636– 86.9%360362400Wuling Yangguang132n/a429269n/a420n/a401Nissan Pathfinder131– 71.9%361518– 53.0%375381402Citroen C5 Aircross130+ 22.6%407322+ 32.0%410495403Mercedes EQE SUV127– 54.3%481179– 60.8%444430404Maxus G10/EG10126– 50.6%403329– 46.5%408456405Lingbao BOX124– 70.8%408304– 68.6%413408406Honda UR-V123– 62.3%404321– 60.8%412446407Chery QQ Domi120n/a –120n/a464n/a408Geely Galaxy E8120– 81.7%427259– 84.9%421326409SWM Big Tiger120+ 233.3%414285+ 295.8%415629410Yangwang U8L118new385384new402521411Aion Hyper HT113– 77.0%412286– 73.6%414358412GAC Trumpchi Xiangwang S9112new434235new426493413Kaiyi I-EA 01110n/a461184n/a442n/a414VW Golf GTI110n/a415275n/a416525415Buick Century109– 76.3%384379– 75.5%404385416Peugeot 508108+ 68.8%430244+ 24.5%423518417Haval Xiaolong103+ 635.7%327616+ 1611.1%363196418BAW Yuanbao99– 13.9%529114– 38.4%468557419Audi Q5L Sportback97– 65.0%413270– 63.3%418415420Mercedes GLB97– 97.0%411271– 96.2%417193421Smart #397– 58.4%444197– 62.5%441429422Audi Q3 Sportback94– 26.0%422242– 23.9%424484423Foton Sauvana93n/a543103n/a472n/a424Haval Big Dog II93– 83.4%432223– 74.1%433412425Lynk & Co Z1093– 74.5%431224– 73.4%432420426Jetta VA792– 72.0%424233– 68.9%428411427JMEV EV2/Little Kirin91– 92.1%438203– 89.0%438278428Dongfeng Aeolus Haohan89– 91.3%2541,177– 42.3%307357429Beijing L7H88n/a332595n/a369n/a430Exeed Exlantix ET88– 78.4%498127– 87.4%461342431Wuling Starlight S88– 95.3%354504– 89.4%381233432Venucia D6087– 84.6%428225– 87.2%431439433Exeed Yaoguang   85– 87.0%425225– 84.4%430382434Wuling Journey84– 70.1%447180– 96.8%443373435Peugeot 500883+ 31.7%418242+ 93.6%425506436Bestune B7077– 93.3%468142– 96.1%457274437Beijing Warrior76– 7.3%435198– 7.5%439526438Yangwang U775new448170new446504439Cadillac GT474new417234new427497440Kia Carnival64– 71.9%445161– 52.4%448541441Beijing BJ6062– 75.7%457144– 74.0%454464442Cadillac XT662– 78.5%421213– 76.3%435465443NIO ET962new475121new463481444WEY Mocha61– 61.1%496102– 72.1%473544445Baojun Yep60– 86.3%450149– 79.0%453414446BAW M858new426197new440608447Skoda Kamiq58– 78.4%55565– 89.1%501462448AvatR 1157– 78.1%454142– 85.9%456434449Maxus Dajia 756– 51.3%51386– 58.9%484523450Lincoln Aviator53– 53.1%446150– 48.8%452509451VW ID.7 VIZZION53– 81.5%439163– 44.9%447487452Buick Velite 650– 94.1%451139– 90.2%459417453Hongqi Tiangong 0550– 67.9%382322+ 72.2%411459454Nissan Tiida50– 84.8%442152– 81.4%451455455BYD Seal47– 91.6%48496– 91.2%475394456Kia K546– 74.3%440154– 60.8%450512457Mercedes A-Class L45– 96.5%402252– 88.1%422294458Honda e:NS243+ 290.9%50677+ 352.9%491522459MG ES542– 86.8%48789– 84.2%479413460Aion Hyper HL41new437157new449435461Dongfeng Ruichi C541n/a464111n/a469n/a462JAC Refine RF841– 59.8%48093– 56.1%477539463Skoda Kodiaq39– 2.5%52061– 56.1%505545464Skyworth EV639– 69.0%443139– 52.7%460499465Yangwang U838– 59.1%49182– 76.8%486558466Honda S737new458117new467498467ChangAn UNI-T36– 86.0%51267– 87.1%498461468Wuling Bingo PLUS36– 98.9%453122– 98.1%462230469BYD e335– 45.3%460109+ 2.8%471514470Hyundai Santa Fe35– 79.2%410210– 45.6%437486471MG 635+ 66.7%50470+ 20.7%494579472Arcfox Kaola34– 97.0%356438– 87.7%390251473Dongfeng Fengon 380/E38033– 82.8%49078– 74.8%489516474Roewe iMAX833– 67.6%51857– 83.4%509438475Hyundai EO30new449120new465583476Kia Sportage29– 80.0%47488– 66.9%481511477BYD Qin28– 97.4%47686– 93.8%482320478GAC Trumpchi E928– 92.0%47290– 89.1%478450479Lingbao UNI28– 76.3%47882– 67.7%485508480Venucia Star28+ 21.7%51062+ 1.6%504594481Hongqi Tiangong 0827– 90.8%48278– 89.9%490426482Hongqi HS726– 91.4%49766– 94.4%499348483Infiniti QX5026+ 116.7%51455+ 37.5%513595484Denza N725– 91.3%48672– 81.9%493500485Hongqi Tiangong 0624new452111new470494486Dongfeng Fengdu Paladin23– 75.8%50358– 77.0%507535487IM LS722– 86.7%49563– 79.1%502532488Lingxi L22– 37.1%48968+ 13.3%496454489Maxus Dajia 921– 91.3%50755– 87.1%514466490Mercedes CLA21n/a –21new542n/a491Mercedes EQE21– 86.1%46395– 68.8%476469492Audi Q4 e-Tron20– 95.5%48567– 94.6%497371493NIO ET720– 92.3%53135– 93.0%523467494Peugeot 408 X20– 16.7%49263– 14.9%503575495Volvo XC4020– 91.6%46689– 84.4%480507496Wuling Xingchen/Asta19– 96.4%50256– 96.2%511479497BMW iX318– 98.6%53232– 98.8%526360498Infiniti QX6018– 70.0%47081– 54.5%488549499Cadillac Lyriq17– 15.0%46586+ 45.8%483542500Livan Maple X3 Pro17– 84.7%441119+ 7.2%466214501Dongfeng Forthing Leiting (Friday)16+ 128.6%54824+ 242.9%535477502Hongqi EH716– 90.8%46981– 74.5%487471503Qiyuan/Nevo E0716+ 128.6%433143– 33.5%455569504Chevrolet Equinox Plus14– 80.8%55620– 88.3%544577505Exeed Exlantix (Sterra) ES14– 95.6%45597– 79.0%474309506Roewe D5X14– 87.0%52830– 90.2%528458507Skoda Karoq14– 84.3% –14– 92.4%553489508VW ID.4 X14– 98.6%48861– 97.0%506303509VW Tayron X14– 85.4%52136– 92.7%521449510BYD Destroyer 0513– 99.9%49355– 99.7%51282511Dongfeng Fengon 58013n/a53028n/a531639512Exeed LX (Zhui Feng) 13– 90.9%47965– 69.3%500505513VW Touran13– 35.0%55919– 40.6%547602514Hedmos 0612new416175new445513515Livan 712– 89.2%54421– 91.3%541531516Audi Q6L Sportback e-Tron11new53723new536592517BYD e911new –11new558 –518BYD M911new56116new548616519SWM G0511– 65.6%50149– 23.4%515556520Aion Hyper GT10– 95.3%51635– 90.0%522520521Maxus G9010– 44.4%52429– 45.3%530604522Skyworth HT-I10– 93.9%50048– 87.4%516524523Toyota Levin GT (Lingshang)10– 94.5%50944– 89.5%518538524Dongfeng Fengon 330/3709– 83.3%54020– 77.8%545597525VW Phideon9n/a –9n/a567 –526Cadillac Optiq8– 81.8%51930– 60.0%527590527JAC Yiwei Aipao8– 89.7%5949– 94.4%565490528212 Classic7n/a –7n/a572n/a529Bestune T907– 95.8%53520– 95.2%543502530ChangAn UNI-K7– 65.0%52327– 97.8%532397531Dongfeng EV Nano Box7new5779new564679532GAC Trumpchi ES97– 97.3%53321– 95.7%539543533Livan 87– 96.2%54516– 94.6%550562534NIO EC77– 94.4%56711– 95.3%560540535Changan CS35 Plus6– 89.3%5867– 99.4%574341536Kia EV56– 98.7%48356– 90.2%510460537Leapmotor C016– 99.5%52623– 98.9%537367538Maxus G706– 77.8%53619– 66.7%546623539Maxus Territory6– 72.7%56511– 57.7%559624540Volvo EM906– 75.0%52723– 78.5%538570541Hongqi Guoya5– 81.5%56210– 89.1%561625542Letin Mango Pro5– 91.4% –5– 94.8%578612543Livan Smurf5new55412new556442544MG Cyberster5n/a5728n/a571n/a545Toyota Allion5+ 0.0%5817– 99.3%575560546Beijing EU-Series4– 99.8%5609– 99.8%562288547Jaguar E-Pace4– 86.7%5649– 85.0%566601548Jaguar XEL4– 98.2%52521– 95.4%540389549Land Rover Discovery Sport4– 98.9%52225– 97.2%533436550Livan Maple 60S4– 99.7% –4– 99.8%583380551Rising Auto R74– 92.3%49446– 64.1%517582552Toyota Harrier4– 98.7%54215– 99.3%552440553Arcfox αT3+ 200.0% –3+ 200.0%586472554Bestune NAT3– 98.4%50537– 95.4%520402555Denza Z93– 98.6%53815– 97.9%551476556Hongqi Guoyao3+ 0.0%5638– 38.5%568645557Toyota Venza3– 99.3%51135– 97.3%524433558Volvo EX303– 96.4%54612– 94.6%557546559Aion Hyptec A8002new51529new529631560Buick Electra E42– 98.5%5754– 97.9%579573561ChangAn Raeton PLUS2– 99.4%5529– 99.0%563485562Changan Yida2– 98.0%5764– 96.4%581611563Chevrolet Monza/Cruze2– 99.8%5883– 99.9%588409564Kia Sonet2– 89.5%53416– 57.9%549553565Mercedes EQA2– 97.3% –2– 99.1%599515566MG ZS2n/a –2n/a601 –567Qiyuan/Nevo A052n/a –2n/a603n/a568Skoda Octavia2– 94.7% –2– 97.8%604552569Wuling Victory2n/a –2– 99.9%606491570Zeekr MIX2– 98.5%6043– 98.7%591517571Baojun KiWi EV1– 97.3%46768– 27.7%495591572Beijing BJ801– 90.0%5822– 83.3%592653573Beijing L6H1n/a –1n/a608n/a574BMW 1 Series1– 80.0%5733– 40.0%587648575COS X7 Plus1– 99.9%5902– 100.0%594290576COS Z61– 99.9%5912– 99.9%595423577Dongfeng Forthing T5/EVO1– 96.7%5704– 96.3%582473578IM L71– 96.7%54112– 77.4%555563579JAC QX PHEV1– 99.4%5803– 99.2%590576580LEVC L3801– 98.6%5982– 98.9%598571581MG 31n/a –1n/a620 –582MG One1– 96.0%6002– 97.6%600643583Nissan Kicks1– 98.4%6012– 98.9%602448584Roewe RX51– 99.9%1153,904+ 33.3%168242585Toyota bZ4X1– 98.3%6022– 98.5%605536586VW T-Cross1– 99.6% –1– 100.0%621378587Yangwang U91new6032new607n/a

Source: CAAM

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