The Yuan Up is BYD’s best-seller, ranking #5 overall.

The growing pains of a “post-policy adjustment period” in China following the end of purchase tax exemptions have proven far more severe than anticipated. CAAM data has the Chinese new vehicle  market reaching 2,899,000 units in March, down -0.6% year-on-year. However this includes exports and March sales show an “cold-at-home, hot-abroad” dynamic. The domestic market remains in freefall with sales down -16% year-on-year to 2,024,000 units whereas exports surge 72.7% to 875,000 units. Production is down -3% year-on-year to 2,917,000. Over Q1, sales are down -5.6% to 7,048,000 units and production off -6.9% to 7,039,000. Domestic sales sink -20.3% to 4,823,000 just as exports soar 56.7% to 2,226,000.

Looking at segments, March Passenger Vehicle wholesales are down -2.3% to 2,446,000 and Commercial Vehicles are up 8.9% to 487,000. Domestic PV sales are down -19.2% to 1,663,000 and CV sales are up 2.7% to 360,000. Year-to-date, PV sales are down -7.6% to 5,934,000 and CV sales up 4.% to 1,114,000. Domestic PV and CV sales are down 23.4% to 4,013,000 and up 0.03% to 810,000 respectively.

New Energy Vehicle sales are up 1.2% year-on-year in March to 1,252,000 units, with domestic sales down -18.3% to 882,000 and accounting for 43.6% of the total domestic market. In the detail, BEVs are up 3.2% to 831,000 and PHEVs down -2.3% to 421,000. Year-to-date, NEV sales are down -3.7% to 2,960,000 including 1,913,000 BEVs (-0.8%) and 1,047,000 PHEVs (-8.6%). 

Exports show a completely different picture. PV exports surge 82.4% to 748,000 while CV exports are up 31.4% to 127,000 units. Over Q1, PV exports are up 63% to 1,921,000 and CV exports up 26% to 305,000. Notably, NEV exports are up 130% year-on-year in March to 371,000 and up 120% to 954,000 units year-to-date.

The Li i6 is up to a record 4th place in March.

After a few turbulent months, the brands ranking returns to some kind of normalcy, in the sense that BYD (-38.4%) posts an easy win with over 166,000 sales, compared to roughly 68,000 in January and 74,000 in February. Even though this is still a steep year-on-year fall, the fact that BYD is back on top will have many executives at the company sighing with relief. While most of its models are down sharply, the Dolphin (+50.7%), Seal 05 (+84.5%), and Yuan Up (+25.4%) stand out just as the new Sealion 06 adds over 18,300 to the total. We welcome the Song Ultra with 1,214 sales. BYD pushes Geely (-18%), in an unusual rut, to 2nd place but the latter remains by far the YTD lead with almost 407,000 units vs. 308,000 for BYD which still ranks at a low #4. Toyota (-8%) manages to outsell Volkswagen (-22.1%) for the first time since July 2021.

Below, Nissan (+29.9%) spectacularly sports the only year-on-year gain in the Top 10, and a stunning one at that. The Japanese carmaker is helped by strong performances of the Sylphy (+35.8%) which accounts for 57% of the brand’s March volume, and even though the new N6 and N7 are disappointing. Li Auto (+11.9%) progresses to #11 which is its best ranking since October 2024. Fang Cheng Bao (+162.3%), NIO (+121.5%), Qiyuan (+83.1%), Zeekr (+72.7%) and Deepal (+45.9%) impress below. Of note is MG, traditionally very discreet at home in contrast with export markets, up 80.4% to #30. Among foreign manufacturers, Volvo (+43.3%), Citroen (+41.9%), Mazda (+24.4%) and Cadillac (+22.5%) make themselves noticed.

Looking at the models ranking in isolation, the Tesla Model Y (-17.4%) sports its first win of the year despite a harsh YoY fall, and ranks #2 year-to-date vs. #3 over the Full Year 2025. The Geely Xingyuan (-4.7%) is toppled to #2 but ascends to #1 over Q1. As noted above, the Nissan Sylphy (+35.8%) shines and is up 25 spots on February to #3. The new Li i6 climbs up a further two ranks to a record 4th place, a tremendous performance for the newcomer. The Yuan Up (+25.4%) is back up 50 spots to #5, distancing the VW Lavida (-17.1%) and the new BYD Sealion 06. The Geely Boyue L (+102.7%) and BYD Dolphin (+50.7%) also shine in the remainder of the Top 10.

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

One year ago: China wholesales March 2025: Tesla Model Y #1, Xiaomi SU7 breaks volume record

Full March 2026 Top 97 All brands and Top 599 All models below.

China wholesales March 2026 – brands:

PosBrandMar-26/25Feb2026/24PosFY251BYD166,032– 38.4%3308,476– 52.1%412Geely  128,876– 18.0%1406,949– 19.5%123Toyota126,068– 8.0%4326,489– 5.0%344Volkswagen125,433– 22.1%2386,262– 15.4%235Wuling67,065– 14.1%8146,724– 20.8%556Tesla56,107– 24.3%6112,798– 16.2%1297Nissan49,355+ 29.9%13118,006+ 11.3%11118ChangAn (incl. Chana)47,781– 23.1%7129,495– 29.8%769Audi43,150– 10.4%10124,594– 8.1%81010Mercedes42,856– 18.8%1789,845– 30.7%151411LI Auto41,053+ 11.9%1295,142+ 2.5%131812BMW39,820– 15.3%9122,913– 6.8%91213Honda36,101– 34.3%11122,216– 22.4%10814Chery35,711– 40.9%5129,751– 22.6%6715Buick34,971– 0.3%1690,667– 3.1%142016Leapmotor33,420+ 0.3%1869,254– 11.7%191317Aion33,044+ 1.7%3062,066– 5.5%212418Deepal26,613+ 45.9%3549,849– 2.1%282519Hongqi24,594– 25.4%1575,235– 25.3%171520Haval24,520– 19.7%2558,655– 27.2%241921Zeekr24,375+ 72.7%2159,466+ 48.3%232822GAC 23,632+ 4.8%2463,023+ 12.5%202623Jetour23,017– 34.9%3847,414– 53.5%292224Qiyuan/Nevo22,860+ 83.1%2745,798+ 69.4%303025Xpeng22,710– 24.6%2651,125– 40.8%272126NIO22,437+ 121.5%2258,405+ 114.5%252927Xiaomi21,440– 26.7%1480,856+ 6.6%161728Fang Cheng Bao21,120+ 162.3%2355,346+ 188.1%262729Lynk & Co18,087– 23.0%2059,801– 11.7%222330MG18,004+ 80.4%3340,025+ 55.2%313931AITO17,455+ 37.7%1975,069+ 63.8%181632Arcfox15,307+ 17.6%4425,270+ 4.8%403533DongFeng13,811– 14.6%2837,825+ 13.1%323434Volvo13,165+ 43.3%5025,728– 12.0%394035Beijing12,629+ 35.2%3131,447+ 30.6%333636Voyah12,145+ 21.3%2931,018+ 19.7%343737TANK11,297– 21.0%4025,758– 23.5%383138Cadillac10,127+ 22.5%4225,191+ 0.4%414739Roewe9,938– 32.2%4327,659– 24.0%353240COS9,288– 6.4%3226,680– 15.8%374241Jetta9,001– 10.0%3723,804– 10.2%424442Bestune8,937– 28.1%5414,550– 52.9%483343Hyundai8,909– 17.7%3426,913– 7.2%364144Mazda8,909+ 24.4%4521,619+ 23.1%435045WEY7,118+ 57.0%4119,920+ 54.6%454846Ford6,986– 33.0%3621,417– 30.9%444347Onvo6,868+ 42.5%5113,329– 9.8%504648Denza6,762– 46.4%3917,562– 46.9%463849Kia6,203– 12.1%4817,031– 3.3%475250Firefly6,078new5311,460new525951AvatR5,971– 30.2%5611,151– 44.4%534552IM5,824+ 15.8%4913,724+ 27.0%495153iCar4,843– 30.8%687,304– 63.2%575354Nammi3,669– 20.8%587,402– 21.0%565655Yipai3,362– 42.9%576,753– 47.7%595556Shangjie3,068new5210,476new546457Stelato2,903+ 286.6%4713,114+ 550.5%516158Lincoln2,835– 15.5%617,228– 13.4%586059Jinbei2,452n/a655,004n/a62n/a60Exeed2,445– 51.4%606,377– 47.1%615461Luxeed2,373– 75.0%559,547– 69.8%554962M-Hero2,036new674,077new698763Citroen 1,979+ 41.9%664,463– 16.8%666964Kaiyi1,900– 10.6%693,896– 20.0%716565Chevrolet1,900+ 82.3%832,288– 43.1%7984662121,829+ 41.8%594,879+ 28.9%637367Ora1,785+ 21.3%734,350+ 33.2%676268Smart1,717– 33.2%724,691– 26.2%646369Baojun1,669– 37.6%634,285– 28.5%685770Karry1,627n/a773,325n/a76n/a71SRM1,588+ 51.1%753,507+ 45.1%747872Polestones1,480+ 44.0%623,806+ 78.2%727673Yangtze1,442n/a643,948n/a70n/a74BAW1,383– 2.0%743,361– 11.0%757075Foton1,318+ 559.0%466,502+ 790.7%608876JAC1,193– 30.0%822,577– 49.4%787477Venucia1,102– 48.5%782,761– 54.9%776778JMC (incl. JMEV)1,038– 52.9%801,893– 59.9%826679Peugeot975– 6.9%713,741+ 22.4%737180Maxus796– 58.0%792,063– 57.6%816881Maextro783new704,503new658082Land Rover632– 57.0%762,154– 38.5%807983Fukang621+ 48.2%881,228+ 35.2%858984SWM345– 17.3%811,277+ 125.2%848685Livan (ex Lifan Maple)340– 87.0%90512– 91.1%895886YangWang307+ 141.7%86945+ 96.9%869087Jaguar282– 66.4%841,718+ 1.8%837788Aishang217new –217new93 –89Cao Cao200– 93.0% –200– 95.8%967290Lingbao174– 72.0%87560– 69.6%888591Infiniti101– 15.8%91237– 29.9%919792Rising Auto (ex R)62– 88.8%94341– 69.8%909393Lingxi62– 42.1%92130– 22.2%979294Skyworth49– 89.0%89236– 78.9%929195Hedmos33new93208new959596Haima5n/a –8n/a999697Sehol1– 99.5% –1– 99.8%10194

China wholesales March 2026 – models:

PosModelMar-26/25Feb2026/25PosFY251Tesla Model Y39,827– 17.4%281,958+ 0.1%232Geely Xingyuan30,953– 4.7%187,322– 2.1%113Nissan Sylphy28,215+ 35.8%2861,598+ 4.7%554Li i624,198new657,088new72035BYD Yuan UP21,538+ 25.4%5532,024– 5.0%33216VW Lavida19,939– 17.1%559,531– 10.9%677BYD Sealion 0618,327new4331,254new35488Geely Boyue L17,402+ 102.7%470,941+ 72.9%4149BYD Dolphin17,291+ 50.7%4629,071+ 31.3%403610Toyota Camry17,069+ 2.9%1945,667+ 7.3%131511VW Sagitar16,891– 12.4%956,010– 11.2%81012Wuling Hongguang MINI EV16,806– 57.9%6628,805– 66.9%42213Tesla Model 316,280– 37.2%1130,840– 41.5%361914NIO ES816,255+ 3062.5%1745,160+ 3038.3%1415915VW Passat16,154– 17.7%850,995– 17.0%91316VW Tayron15,897+ 3.6%2143,713+ 8.0%173117Toyota Front Lander15,470– 7.4%1546,142– 1.2%123018BYD Qin PLUS15,363– 43.9%4528,444– 59.4%44419BYD Seal 0615,230– 11.1%3429,630– 33.0%391220Toyota RAV414,662– 20.5%3133,767– 22.6%301621VW Tiguan L14,583+ 0.9%1248,395+ 16.1%101722Mercedes GLC14,550– 11.8%4228,125– 26.6%455323Mercedes E-Class L14,545+ 26.5%2935,247+ 5.8%275224BYD Seagull14,409– 57.6%4825,594– 67.6%50625Fang Cheng Bao Tai 714,187new1642,996new198026Deepal S0514,069n/a4725,360n/a52n/a27BYD Song Pro14,043– 32.6%2730,819– 40.2%372628MG 414,007+ 174987.5%7928,100+ 63763.6%4614529ChangAn CS75/Plus13,802– 21.4%745,026– 16.1%152330Xiaomi YU713,558new371,623new33931Toyota Corolla Cross13,555– 26.4%3641,138+ 9.5%212232VW Magotan13,048– 16.8%1843,586– 1.3%181833Geely Xingyue L12,940– 45.7%2446,899– 41.3%111134Buick Envision12,755+ 22.5%4132,563+ 15.1%315435Haval Big Dog/Dargo12,699+ 2.8%4430,255– 6.7%384236Qiyuan/Nevo Q0512,602+ 314.3%8420,906+ 201.7%5922537Geely Binyue12,218+ 22.8%4027,285– 12.0%485138BYD Qin L12,156– 43.9%5123,483– 56.5%53839BMW 3 Series L11,953– 17.1%2636,038– 4.0%263840ChangAn Eado/Eado PLUS11,212– 20.3%2036,240– 14.3%252941Leapmotor C1010,992+ 9.4%6020,688– 15.4%605042Geely Xingrui10,982– 27.8%1342,420– 20.9%204543Aion i6010,838new11120,014new6334344Toyota Avalon10,700+ 4.6%6129,012+ 18.4%415545Audi A6L10,591– 29.9%3234,000– 24.7%293246Wuling Bingo S10,556new5222,081new5413647Honda CR-V10,435– 37.0%2339,497– 3.8%222448Hongqi H510,315– 19.8%3035,205– 14.2%282749Zeekr 9X10,060new6521,541new5723750Audi Q5L (incl. e-Tron)9,698– 25.7%3331,633– 10.6%344651Changan UNI-Z9,507+ 68.5%11314,338– 19.5%929852Chery Tiggo 8/PLUS9,334– 39.2%1038,527– 17.2%232553Xpeng MONA M039,306– 43.9%7520,397– 56.7%612854Geely Emgrand9,278– 17.2%2236,588+ 0.9%246355Toyota Wildlander9,247– 17.6%6318,852– 38.4%666656COS X5 Plus9,075+ 16.9%3925,566+ 15.6%517357Arcfox T18,729new10216,133new8212658AITO M78,383+ 28.7%2544,930+ 122.9%166159Toyota Corolla8,216+ 10.8%5919,263– 19.6%647660VW Tharu8,198– 27.6%3528,658– 16.4%434361LI L68,130– 52.7%6218,055– 59.3%713362Wuling Hongguang S8,097– 3.3%7818,800+ 7.4%679063Aion Y8,076– 13.2%19814,639– 30.4%919364Mercedes C-Class L8,000– 43.0%11018,189– 44.8%705665Toyota BZ3x7,948+ 219.2%8716,865+ 577.3%7710466Xiaomi SU77,882– 73.0%3649,233– 87.8%131967GAC Trumpchi GS37,806+ 2.1%7421,969+ 21.7%5511868BMW 5 Series L7,743– 14.9%3727,969+ 12.3%476469Toyota Sienna7,738– 7.7%5621,957+ 9.9%567770Audi A37,611+ 33.9%8217,333+ 24.0%7411171Chery Arrizo 87,536– 28.8%1432,144– 4.7%324472Honda Accord7,488– 40.7%6426,370– 30.0%493773BMW X37,424+ 43.4%4921,348+ 7.4%589474Toyota Highlander7,247+ 22.6%7119,256+ 25.2%659275Wuling Starlight 7307,149new5020,130new6226376Buick GL87,129– 8.2%9017,246– 20.5%766977Beijing BJ406,883+ 178.0%8516,281+ 173.3%819978Buick LaCrosse6,751+ 38.4%9816,305+ 21.1%8012479Bestune Xiaoma6,601– 24.8%1769,333– 56.6%1296880Changan CS55 Plus6,578+ 97.5%6816,424+ 45.9%7811981Geely Panda Mini6,562– 53.0%17010,163– 76.3%1203582Jetour X706,552– 37.9%14013,839– 61.0%967083BYD Yuan PLUS6,540– 67.6%3815,910– 60.1%844984WEY Gaoshan6,447+ 1503.7%7617,523+ 1470.2%7212385Zeekr 7X6,363+ 16.2%7217,317+ 17.5%7511586Geely Galaxy E56,224– 38.2%9313,119– 57.6%995787Wuling Hongguang V6,096n/a10313,765n/a97n/a88Firefly6,078new12011,460new11218389Audi A5L / Sportback6,018new7317,433new7318490Roewe i5/Ei55,948– 21.1%7716,011– 21.9%838391Nissan Qashqai5,931– 11.5%10015,424– 25.6%877892Jetour Traveler5,924+ 24.9%19112,591– 29.6%10410293BYD Song L5,785– 58.1%8313,851– 61.6%954094Honda Breeze5,689– 48.8%9218,560– 35.8%686795VW Bora5,522– 25.4%6716,340– 20.7%798496Voyah Dreamer5,511– 15.3%8113,065– 21.1%1018797BYD Sealion 055,508+ 8.1%1698,808– 23.2%1375898Aion RT5,448– 8.1%2019,742– 23.0%12313399BMW X55,276– 12.0%5418,411– 3.2%69101100Beijing BJ305,261+ 30.9%10513,118+ 44.8%100131101Hongqi HS55,242– 30.6%8613,671– 38.3%9879102Haval Raptor5,217– 6.3%11911,110– 21.5%11471103Nissan Teana/Altima5,217+ 51.6%8915,596+ 24.0%85121104GAC Trumpchi M85,134+ 34.2%12912,983+ 14.3%102141105Fang Cheng Bao Tai 35,123new1937,624new156113106Toyota Crown Kluger5,027+ 5.0%14812,839+ 11.6%103122107Deepal L064,958new1518,516new143366108Qiyuan/Nevo A064,942+ 7621.9%11712,353+ 19201.6%105284109Deepal S074,919– 16.8%1229,431– 44.6%126105110Wuling Starlight 5604,862new5315,512new86568111BYD Seal 054,778+ 84.5%1239,718+ 189.2%12465112Tank 3004,716– 26.2%11512,302– 1.5%10691113Wuling Bingo4,592– 71.2%1748,725– 77.2%13847114Volvo XC604,516– 23.3%2458,003– 53.1%152100115Lynk & Co 034,469– 22.9%9614,121– 28.0%93120116Haval H64,447– 56.4%11812,115– 54.7%10781117Cadillac XT54,424+ 47.0%12711,650+ 29.1%110173118Toyota Granvia4,329– 29.3%17810,869– 27.1%115103119Denza D94,307– 53.8%9910,332– 62.0%11975120BMW X14,259– 18.4%9111,985– 15.6%108144121Geely Galaxy A74,259new5715,230new90112122Aion S4,193– 44.3%2438,129– 48.9%148128123Leapmotor C114,046– 47.5%9410,672– 43.8%11672124Hyundai Elantra (new)4,043– 40.5%10811,982– 30.0%109117125Leapmotor B014,011new1288,535new140108126AITO M84,007new8015,380new8941127Jetta VS53,988– 15.8%11611,539– 19.6%111132128Leapmotor A103,968new –3,968new233 –129Mazda CX-53,935+ 45.7%1867,408+ 10.1%165199130Qiyuan/Nevo Q073,929new1249,236new130110131Volvo XC703,895new2496,648new174313132Wuling Sunshine3,854n/a1967,431n/a164n/a133Zeekr 0073,849+ 138.9%1358,034+ 92.0%151164134Cadillac CT53,819– 5.7%1549,349– 21.1%128174135Geely Galaxy Starship 73,779– 68.2%9510,383– 75.4%11860136Leapmotor C163,776– 15.2%1318,524– 41.9%14189137Geely Galaxy M93,773new5815,408new88180138Xpeng P7+3,748– 56.1%1219,040– 62.2%13495139BYD Han3,661– 76.6%1447,770– 80.4%15559140Jetour Freedom3,660– 57.2%3095,857– 54.6%189139141Buick Regal3,652– 33.2%1459,715+ 4.8%125166142Nissan X-Trail3,584+ 45.3%1568,444+ 17.0%145178143Tank 4003,548+ 17.2%1857,282+ 1.7%166165144Leapmotor B103,516+ 6.6%1478,359+ 153.5%14697145Onvo L603,512– 27.1%1657,154– 51.6%168116146Chery Tiggo 93,461– 10.3%6913,910+ 7.2%94142147Arcfox αS53,375– 18.9%2374,227– 48.8%225194148Onvo L903,356new1906,175new182167149Wuling Rongguang3,218n/a2565,904n/a188n/a150AvatR 073,140– 48.1%2135,846– 56.4%190137151IM LS63,073– 8.4%1796,603+ 3.6%175143152Shangjie H53,068new11410,476new117219153GAC Trumpchi GS83,023+ 118.3%1418,489+ 101.5%144223154Arcfox αT53,013– 38.9%2414,241– 47.2%224161155AITO M92,982– 41.6%10111,345– 50.3%11362156Changan Lumin2,930– 81.0%2155,176– 84.4%20234157Audi Q32,927– 2.7%1667,004– 12.7%170190158LI L72,898– 66.7%1586,799– 67.6%17285159Zeekr 0012,854– 4.1%979,015– 20.0%135171160Chery Tiggo 5×2,803– 47.4%8810,000– 13.0%121129161Lynk & Co 062,786– 29.5%1556,516– 42.6%176172162Volvo S60L2,782+ 62.9%2226,274+ 7.4%180222164Tank 5002,776– 35.5%2035,775– 53.1%192150165Aion UT2,767– 44.4%2176,021+ 13.0%185149166MG 52,761– 63.6%1398,521– 55.1%142114167Jetta VA32,729– 22.8%2585,274– 17.3%201198168GAC Trumpchi M62,726– 5.9%1817,064+ 18.1%169221169Xpeng G62,694+ 37.7%2294,631– 41.5%212153170iCAR V272,681new –2,681new274 –171BYD e72,673new2793,907new236308172Leapmotor Lafa 52,671new1775,960new187268173Nissan N62,665new1537,538new161376174Buick Electra Encasa2,664new1437,802new154470175AUDI E52,630new3393,353new248386176NIO ET5T2,611– 12.0%1645,612– 24.7%195158177Voyah Courage2,605+ 69.7%2055,392+ 12.0%199232178Lynk & Co 082,604– 22.6%1259,223– 6.7%132155179Xpeng X92,601+ 154.8%1608,292+ 204.6%147254180Geely Galaxy Starshine 82,526new1049,376new12796181Hongqi HS3 2,506– 37.1%2005,533– 52.1%196125182Honda HR-V2,480+ 325.4%1506,511+ 231.3%177364183Jinbei X30L2,452n/a2115,004n/a206n/a184Xpeng G72,390new2144,744new209224185Jetour Shanhai L7 Plus2,380+ 71.7%2834,728+ 34.9%210197186Mazda EZ-602,379new1736,879new171297187Dongfeng Aeolus L82,377new2065,727new194325188Lynk & Co 102,371new1348,034new150220189Audi A4L2,366– 62.3%1338,942– 56.5%13688190Jetour Dasheng2,355– 13.6%3215,331– 46.0%200209191Mercedes GLB2,301– 53.7%4232,572– 78.9%281193192VW Teramont2,285– 42.0%1886,186– 34.8%181185193Geely Galaxy Star 62,276new2355,439new198273194Ford Mondeo2,261– 43.5%1308,089– 38.9%149157195Nammi 012,216– 52.1%2085,040– 46.2%205177196Kia Stonic2,211– 9.0%1526,434+ 25.0%178243197Dongfeng Aeolus L72,197– 31.7%1756,012– 37.6%186160198iCAR V232,162– 56.8%2254,623– 69.7%213109199VW Tavendor2,158– 9.9%2284,621– 29.4%214210200VW Lamando2,114– 26.2%1267,863– 15.7%153192201Voyah Free2,095+ 6.4%1497,575+ 66.6%159186202ChangAn UNI-V2,093– 46.1%1098,633– 41.5%139127203Li i82,079new2024,302new222231204Ford Edge/Edge L2,067– 19.5%1676,110– 13.3%184195205M-Hero M8172,036new2244,077new227391206VW T-Roc2,031– 61.5%1725,754– 57.8%193134207Honda Inspire2,027– 36.2%1129,785+ 14.9%122152208Hongqi HS62,023new1577,600new157537209Chery Fulwin A9L2,015new1426,113new183146210Chery Arrizo 5/5e1,925+ 20.7%1975,087+ 18.9%204241211Chevrolet Malibu1,888+ 15633.3%3252,251+ 3849.1%299547212Hyundai Tucson1,876+ 92.8%1715,827+ 130.5%191245213NIO ES61,857– 43.0%2044,017– 56.1%230169214Lynk & Co 071,853+ 3.4%1387,441+ 45.6%162216215Honda Civic1,841– 41.1%1377,171– 51.4%167148216Volvo S901,838+ 26.1%2854,545– 14.4%217235217Stelato S9T1,836new1069,085new133266218Yipai eπ0071,835– 39.9%3003,054– 51.4%261226219GAC Trumpchi S71,824+ 43.6%2663,493+ 80.4%245267220Citroen C5 X1,821+ 49.1%2303,959– 19.9%234285221Luxeed R71,820– 78.6%1467,586– 73.6%15886222212 T011,817+ 40.9%1804,860+ 28.4%208276223Hongqi E-QM51,813– 56.4%1326,689– 49.4%173107224Chery Fulwin T91,799– 65.0%1684,466– 58.2%220140225Voyah Taishan1,797new2234,466new221424226BYD Tang1,785– 75.7%1894,615– 74.7%215106227Roewe D61,777new3992,838new270236228Toyota Prado1,743– 7.5%2125,099+ 15.1%203239229Bestune Yueyi 031,733+ 277.6%2484,018+ 775.4%229204230Hyundai Custo1,722+ 53.3%2194,884+ 85.1%207277231Dongfeng Forthing Xinghai S71,703+ 92.9%3562,988+ 152.4%264286232Chery Tiggo 71,685– 65.1%1077,557– 55.6%160147233AvatR 061,669new2643,251new254187234Karry Little Elephant EV1,627n/a2753,325n/a249n/a235LI L81,622– 69.3%2213,841– 70.3%238168236Xpeng P71,592+ 847.6%2633,122+ 402.7%259247237SRM Golden Sea Lion1,588+ 51.1%2423,507+ 45.1%244304238LI L91,550– 66.1%2163,679– 69.8%242163239Jetta VS81,530new1834,658new211387240Yipai eπ0081,527– 46.3%2093,699– 44.3%241205241Fang Cheng Bao Bao 51,508– 75.0%1953,975– 67.6%232130242VW Golf1,508– 61.1%2463,399– 59.8%246191243Deepal L071,501new2672,669new276n/a244Honda Fit1,499+ 154.1%2342,458+ 85.2%286478245Polestones 011,480+ 44.0%1943,806+ 78.2%239293246Nammi 061,453new3152,362new290339247Yangtze Finless Porpoise1,442n/a2073,948new235n/a248GAC Trumpchi E81,438– 41.3%2523,724– 24.8%240208249Kaiyi Kunlun1,408+ 60.5%2862,438+ 8.9%287319250Nissan N71,382new2772,947new265162251Qiyuan/Nevo A071,362– 80.8%2273,133– 78.2%258135252Aion V1,356– 63.8%3112,648– 68.1%278179253Dongfeng Ruichi EC751,341n/a2392,854n/a267n/a254Nissan Zhengzhou Z91,339n/a1873,998n/a231n/a255Roewe M71,323new2992,771new273331256Foton Fengjing G51,318+ 559.0%706,399+ 776.6%179422257Mercedes EQB1,313+ 370.6%3911,948+ 177.9%320441258Chery Fulwin T111,287new2263,551new243355259Mazda EZ-61,287– 21.2%2573,295+ 31.8%253265260Lincoln Z1,280+ 63.1%2543,301+ 55.7%252318261Geely Binrui1,278– 3.6%1623,234– 42.5%256332262BYD Seal 06GT1,240– 84.0%2802,397– 85.4%288154263BMW i31,235– 47.4%2782,850– 52.2%268229264Kia Seltos1,234– 17.1%2603,067+ 2.6%260260265BYD Song Ultra1,214new –1,214new360 –266Hongqi H61,212– 16.2%2363,241– 34.1%255261267Lynk & Co Z201,208new2382,543new282n/a268Lynk & Co 9001,191+ 44.7%1365,442+ 561.2%197151269Honda Odyssey1,156– 43.6%2593,394– 32.3%247258270IM L61,156– 23.0%3162,032– 48.0%312246271Denza N8L1,148new1824,594new216314272BAW M71,135– 13.0%2692,802– 19.6%272279273Kia Forte Furuidi1,124+ 115.3%3502,353– 11.4%292350274IM LS91,122new1924,541new218401275Lynk & Co 091,120+ 33.7%1994,189+ 37.2%226311276AITO M61,116new –1,116new370 –277Smart #11,092– 34.2%2922,135– 52.0%307248278Lincoln Nautilus1,083– 27.6%2912,825– 22.4%271271279Dongfeng Future (incl Lingzhi M5EV)1,072– 47.2%2612,893– 16.1%266280280Stelato S91,067+ 42.1%1614,029+ 99.9%228269281Dongfeng Rich 61,052n/a2183,021n/a262n/a282Dongfeng Fengxing Xinghai T51,041new3481,952new318482283Haval Xiaolong1,026n/a4201,642+ 4461.1%332196284MG 71,012– 36.8%2443,008– 42.8%263292285Exeed Exlantix ET1,010+ 153.8%4331,137– 19.2%366342286VW Tayron X1,004+ 209.9%5131,040+ 27.1%376449287Ora 5 EV1,001new2732,842new269447288Toyota bZ3991– 69.1%3921,447– 82.2%346234289BYD Han L982new2882,037new311215290AITO M5967– 9.1%3022,298– 19.2%296189291Geely Galaxy L7966new –966new380 –292NIO ET5959– 27.6%2891,888– 42.2%323283293BYD Tang L945new2872,039new310181294VW ID.3945– 83.1%3381,703– 85.0%327182295Honda Vezel934+ 98.7%2811,996+ 64.6%315404296Geely Icon929– 38.8%3222,526– 55.4%283252297Geely Haoyue L928– 39.2%2554,266– 21.9%223316298Chery QQ Ice Cream906– 71.0%3331,616– 70.7%337201299BMW iX1904– 48.4%3032,076– 44.7%309302300Hyundai Sonata904– 17.3%2333,203+ 0.8%257295301BYD Xia897– 69.7%2712,254– 73.4%298207302Kia Sportage L895– 20.0%3182,232– 10.8%300287303Jetour Shanhai T1885– 30.1%3801,620– 45.3%336238304AvatR 12879– 58.4%3541,629– 68.8%334257305Ford Explorer868– 18.3%2902,202– 26.2%304307306Chery Tiggo 3×850– 73.5%2402,611– 71.6%280218307VW CC834– 48.5%2103,316– 45.1%251270308Chana Star 5833n/a3241,714n/a326n/a309Cadillac XT4831+ 88.9%2942,186+ 25.8%306336310Roewe D7805– 79.5%3711,963– 76.4%316227311Buick Electra L7798new2962,387new289368312Ora Good Cat784– 43.6%3631,504– 50.6%342202313Maextro S800783new2324,503new219328314Ford Equator/Sport (Lingyu/Lingrui)770– 34.5%2841,907– 54.2%321305315GAC Trumpchi Empow769+ 14.3%2982,673– 5.8%275351316Chery Fulwin X3762new3311,459new345395317Dongfeng Rich755n/a2472,359n/a291n/a318Jetour Zhongheng G700750new3172,301new295425319JAC Refine (M3+E3)725– 37.8%3671,634– 50.3%333338320Zeekr 009721– 77.2%2312,224– 66.5%302259321Denza Z9 GT712– 30.5%393928– 63.5%385369322Toyota bZ5707new3581,437new349315323Toyota bZ7703new –703new403 –324Dongfeng Aeolus Hyun (Yixuan)699– 65.4%1843,318– 12.0%250301325Mazda3 Axela684– 64.0%2652,306– 61.9%294289326Chana Honor S677+ 79.1%3011,681– 39.2%330329327Wuling Yangguang660n/a403929n/a384n/a328NIO EC6657– 57.5%2971,463– 66.2%343272329Jetta VS7654– 50.1%2762,000– 56.5%314282330Toyota Levin646– 83.2%3062,003– 81.8%313200331VW Viloran641– 59.2%3591,298– 61.1%356333332Chery Little Ant (eQ1)633– 78.0%3661,034– 84.7%377240333Baojun Yep Plus632– 28.4%3271,461– 10.0%344211334Range Rover Evoque628– 18.1%2682,125+ 10.9%308365335Fukang eElysee621+ 51.8%3961,228+ 81.4%359427336Venucia VX6612– 42.4%3731,117– 46.3%369327337WEY Lanshan (Blue Mountain)606– 84.6%2532,230– 80.1%301176338Mercedes EQE SUV596+ 132.8%406775+ 8.7%394430339Honda XR-V594+ 94.1%3721,092– 13.7%372444340Cadillac Lyriq576+ 844.3%503662+ 451.7%408542341LI Mega576– 37.1%3141,378– 42.7%350264342Haval H5566– 34.9%3521,360– 28.2%352340343Haval H9565– 54.5%3351,950– 44.0%319312344Kia K3563+ 148.0%2502,293+ 60.7%297388345Hongqi Tiangong 05558+ 101.4%456880+ 89.7%388459346Luxeed S7553– 42.5%3121,961– 32.0%317324347BMW 2-Series546+ 30.3%3321,331+ 133.1%353372348VW ID.4 CROZZ542– 74.7%3901,156– 68.9%364249349Baojun Yunhai541– 53.1%3071,576– 40.6%339298350Deepal S09538new3781,626new335300351GAC Trumpchi GS4534– 69.4%2931,903– 59.4%322310352Dongfeng Fengon Landian E5532– 70.0%2742,343– 47.4%293255353Exeed TX/TXL (Linguyun)514– 50.6%2701,693– 59.2%329334354Jetour X90511– 79.4%4021,147– 84.3%365362355Zeekr X510– 29.8%3461,314– 54.2%354361356Hongqi H9507– 34.2%3201,372– 20.7%351363357Denza N9506– 70.4%2721,532– 10.3%340206358JMEV EV2/Little Kirin480– 66.4%430683– 79.2%406278359Peugeot 408478– 18.0%2622,657+ 32.9%277321360Buick Electra E5463– 61.5%2512,634– 20.7%279306361Ford Ranger459n/a3131,196n/a361n/a362Smart #5459+ 33.4%3412,193+ 168.1%305410363Geely Galaxy L6455– 94.3% –2,492– 87.0%285170364Mercedes A-Class L446– 81.5%460698– 84.6%404294365Geely Galaxy M7439new –439new439 –366Leapmotor T03438– 93.6%1592,523– 81.8%284156367BYD Seal 07432new347947new381213368Mazda CX-50421– 28.5%3371,126– 19.5%367431369VW Touran418+ 574.2%517437+ 364.9%441602370JMEV Yi415+ 63.4%3231,066+ 97.0%375451371IM LS8413new –413new444 –372VW Talagon412– 52.7%3101,443– 41.1%348322373Exeed Exlantix ET5394new3082,220new303463374Honda S7388+ 4.0%470505+ 35.4%429498375Baojun Enjoy386new295921new386496376Lincoln Corsair385– 56.0%398865– 58.6%389392377Honda Elysion379– 55.1%376994– 54.5%379370378Xpeng G9379– 79.2%355899– 78.2%387253379Dongfeng Rich 7372n/a3191,253n/a357n/a380BMW i5366– 56.5%386754– 54.4%398374381Mercedes CLA358new494379new451 –382Wuling Starlight357– 89.8%387774– 89.4%395217383Maxus G50/Euniq 5355– 65.2%3441,092– 57.1%373344384Audi A7L350– 83.7%3301,530– 74.0%341281385Honda Avancier349– 33.0%375934– 42.8%383400386Mercedes Vito349– 62.0%389857– 57.9%391349387Buick Verano348– 80.1%3611,074– 86.0%374256388Honda Integra345– 81.0%3341,613– 80.8%338262389Audi Q6L (incl. e-Tron)336– 52.0%3051,693+ 34.4%328330390Deepal SL03335– 64.5%2821,443– 79.5%347250391Geely Galaxy E8335– 83.4%411594– 84.1%419326392BYD Song PLUS 327– 98.7%357947– 98.6%38220393Bestune B70314– 86.6%439456– 92.4%435274394Audi Q2L311– 49.3%382759– 46.5%397405395Kaiyi XuanJie/Pro311– 24.0%3261,019– 10.9%378399396Mercedes V-Class307– 68.7%379859– 62.0%390337397Venucia Grand V305– 43.8%3431,172– 30.4%363375398BYD Sealion 07304– 94.8%374760– 94.4%396138399Fang Cheng Bao Bao 8302– 85.0%369751– 89.2%399244400Ford Bronco296– 60.1%3491,123– 36.9%368359401Deepal G318293– 72.0%329804– 65.0%392335402BYD e3286+ 58.0%473395+ 37.6%448514403AvatR 11283– 28.7%451425– 69.7%443434404Nissan NX8282new –282new471 –405Chery QQ Domi278new410398new446n/a406Jaguar XFL275– 18.6%3281,681+ 150.1%331377407SWM Big Tiger273+ 1265.0%412558+ 506.5%422629408Ford Escape265– 66.5%370790– 51.6%393390409Exeed VX (Lanyue)261– 48.2%384674– 51.6%407383410Dongfeng Forthing U-Tour V9260– 18.5%362731+ 96.0%401437411Lynk & Co 01258– 66.1%3361,841+ 32.4%324347412Tank 700257– 56.0% –399– 76.7%445419413JAC EV3244– 18.4%385605– 16.2%415480414Peugeot 5008244+ 62.7%438486+ 76.7%430506415Geely Galaxy V900242new2201,727new325621416Wuling Jiachen240– 86.9%3451,182– 68.1%362317417Chery Fulwin T8237– 84.3%365685– 68.3%405299418Livan Maple 60S233– 86.0%554237– 94.2%476380419Wuling Bingo PLUS233– 93.4%472355– 96.4%457230420GAC Trumpchi Xiangwang S9227new415462new434493421Lynk & Co Z10227– 51.2%428451– 65.5%437420422Bestune Yueyi 07225new383622new411432423Nissan Navara224n/a360600n/a417n/a424Cadillac CT6221– 29.4%401611– 37.5%414501425Peugeot 508219+ 85.6%419463+ 47.5%433518426Buick Century218– 70.2%418597– 73.8%418385427Honda UR-V218– 32.9%409539– 52.8%425446428Aishang A100C217new –217new481 –429COS 520213n/a4001,110n/a371352430JAC Refine RF8213+ 213.2%465306+ 9.3%466539431Nissan Pathfinder211– 64.1%404729– 56.9%402381432Mazda CX-30203– 39.6%394605– 30.9%416453433Maxus G10/EG10202– 38.4%407531– 43.7%426456434Cao Cao 60200– 93.0% –200– 95.8%486275435Chery Fulwin A8200– 89.7%381593– 88.0%420296436Aion Hyper HT196– 75.3%414482– 74.3%431358437MG ES5195– 74.1%462284– 78.4%470413438Buick Velite 6189– 70.3%455328– 84.1%462417439Honda P7187+ 790.5%395613+ 2819.0%413443440Kaiyi I-EA 01181n/a416365n/a454n/a441VW Golf GTI176new417451new438525442Hyundai Santa Fe169– 32.9%474379– 40.6%450486443Smart #3166– 70.8%424363– 66.8%455429444Nissan Zhengzhou Frontier Pro164n/a388555n/a423n/a445Beijing BJ60161– 41.0%444305– 63.1%467464446Citroen C5 Aircross158– 9.2%405480+ 14.8%432495447Maxus Dajia 9152– 56.3%493207– 73.3%484466448Beijing L7H151n/a432746n/a400n/a449Beijing Warrior151+ 86.4%440349+ 18.3%458526450Yangwang U7148new441318new463504451Exeed Exlantix (Sterra) ES147– 93.8%509244– 91.4%474309452JMEV EV3143– 57.6% –144– 79.9%506428453Nissan Tiida141– 72.9%457293– 78.1%468455454Audi Q3 Sportback140– 47.2%425382– 34.5%449484455Voyah Zhuiguang137new351520new427416456Cadillac GT4136new442370new453497457Arcfox Koala135– 95.9%476573– 91.7%421251458Lingbao BOX135– 72.4%408439– 69.9%440408459Venucia D60135– 72.8%435360– 84.0%456439460Dongfeng Aeolus Haoji134– 79.4%368545– 64.6%424418461BAW M8133new449330new461608462Geely Boyue REV132new –132new512 –463Wuling Journey130– 62.9%437310– 94.9%465373464Hongqi HS7129– 86.8%486195– 91.0%487348465BYD Seal127– 89.4%458223– 90.2%479394466Audi Q5L Sportback125– 75.3%422395– 68.2%447415467Wuling Starlight S124– 96.4%434628– 92.3%409233468Dongfeng Aeolus Haohan123– 90.7%4311,300– 61.3%355357469VW ID.4 X123– 93.9%512184– 95.4%490303470ChangAn UNI-K122– 87.4%534149– 93.2%504397471BAW Yuanbao115+ 7.5%421229– 21.6%478557472Hyundai ix35111– 81.0%397434– 85.0%442396473Baojun Yep110– 81.7%448259– 80.3%473414474Exeed Yaoguang   110– 72.8%436335– 81.8%459382475Hongqi HQ9104– 81.2%377374– 79.1%452403476Aion Hyper HL102new463259new472435477Cadillac XT6101– 70.6%445314– 74.7%464465478Jetta VA7100– 76.2%429333– 71.5%460411479BMW iX397– 94.3%501129– 97.1%514360480Honda e:NS289+ 97.8%461166+ 167.7%497522481Mercedes EQE89– 8.2%495184– 54.1%489469482GAC Trumpchi E988– 79.2%482178– 85.7%491450483Lincoln Aviator87– 56.7%453237– 52.0%475509484Denza N786– 65.7%488158– 75.7%500500485Yangwang U886– 32.3%469168– 65.0%495558486BYD Qin85– 91.8%481171– 92.9%494320487Wuling Xingchen/Asta85– 75.2%500141– 92.3%510479488Hyundai EO84new479204new485583489NIO ET972new446193new488481490Yangwang U8L72new413456new436521491Kia Carnival71– 44.1%443232– 50.1%477541492Hongqi EH769– 60.8%506150– 69.6%503471493Roewe iMAX865– 87.0%478122– 85.5%517438494WEY Mocha65– 65.4%447167– 69.9%496544495Hongqi Tiangong 0864– 47.5%485142– 84.1%509426496GAC Trumpchi ES963– 66.7%53684– 87.6%530543497Infiniti QX6062– 34.0%502143– 47.4%507549498Lingxi L62– 42.1%492130– 22.2%513454499Volvo XC4062n/a499151– 73.5%502507500Dongfeng Fengon 380/E38061– 73.6%477139– 74.3%511516501BYD e958new52169new537 –502Bestune T9057– 75.0%53377– 88.0%534502503Kia Sportage55– 62.3%480143– 65.3%508511504IM LS753– 66.9%491116– 74.9%519532505Rising Auto F753– 88.3% –286– 68.2%469483506Aion Hyptec A80051new56380new533631507Arcfox αS50n/a46888n/a529n/a508Venucia Star50+ 28.2%484112+ 12.0%520594509Volvo EX3050– 50.0%56262– 80.8%540546510Hongqi Tiangong 0646+ 31.4%489157+ 348.6%501494511SWM G0543– 56.1%52392– 43.2%526556512Maxus Dajia 742– 59.6%452128– 59.1%515523513BYD Destroyer 0541– 99.5%51496– 99.6%52382514Toyota bZ4X41– 71.9%58943– 84.5%556536515Infiniti QX5039+ 50.0%48794+ 42.4%525595516Lingbao UNI39– 70.7%483121– 68.7%518508517Skyworth EV639– 85.0%467178– 67.9%492499518Livan 835– 65.7%53751– 87.3%548562519Audi Q4 e-Tron33– 95.9%496100– 95.1%522371520Hedmos 0633new518208new483513521Peugeot 408 X33– 25.0%49896– 18.6%524575522Livan Maple X3 Pro30– 95.5%504149– 80.9%505214523SWM G01F29– 72.6%342627+ 422.5%410452524Kia EV528– 94.9%54084– 92.5%531460525Dongfeng Aeolus EX127+ 2600.0% –27+ 2600.0%568671526Livan 726– 78.0%51947– 86.9%552531527Dongfeng Fengdu Paladin23– 85.7%49081– 80.4%532535528Maxus G9023– 17.9%52552– 35.8%546604529Beijing L6H22n/a57723n/a571n/a530ChangAn UNI-T22– 92.4%47189– 89.0%528461531Volvo EM9022– 33.3%54445– 67.9%554570532MG 620– 4.8%47590+ 13.9%527579533Qiyuan/Nevo E0720n/a507163– 24.2%499569534Roewe D5X18– 94.0%51048– 92.1%550458535Aion Hyper GT17– 89.6%52452– 89.9%545520536Cadillac Optiq17– 68.5%53047– 63.6%551590537NIO ET717– 95.1%49752– 93.9%547467538Dongfeng Ruichi C516n/a464127n/a516n/a539Livan Smurf16new54728new567442540Audi Q6L Sportback e-Tron14new52037new558592541Dongfeng Fengon 330/37014– 72.5%52834– 75.9%560597542Zeekr 8X14new –14new584 –543Maxus G7013– 55.2%54232– 62.8%561623544212 Classic12n/a53219n/a577n/a545Kia Sonet12– 94.6%56828– 89.3%566553546Toyota Venza12– 98.0%56147– 97.5%553433547Chevrolet Equinox/Plus11– 87.8%50831– 88.1%562577548Skyworth HT-I10– 94.6%52658– 89.7%543524549VW ID.7 VIZZION10– 98.4%454173– 81.1%493487550BMW 1 Series9+ 125.0%57812+ 33.3%586648551Exeed LX (Zhui Feng) 9– 97.1%51674– 82.8%535505552JAC QX PHEV9– 90.2%58312– 97.3%588576553Kia K59– 95.7%459163– 72.8%498512554Maxus Territory9– 47.1%54320– 53.5%575624555NIO EC79– 94.7%53820– 95.1%576540556Rising Auto R79– 91.2%55555– 76.1%544582557BMW X28– 33.3% –10– 58.3%592644558MG Cyberster8n/a54816n/a580n/a559Bestune NAT7– 98.8%55844– 96.8%555402560Dongfeng Forthing Leiting (Friday)7– 97.7%50531– 90.1%563477561IM L77– 53.3%58219– 72.1%578563562BYD M96new52222new573616563Toyota Harrier6– 98.3%55621– 99.2%574440564Toyota Levin GT (Lingshang)6– 96.4%52750– 91.4%549538565Arcfox αT5– 98.3%5578– 97.2%596472566Haima 7X5new –8new597656567Jaguar E-Pace5– 86.5%55114– 85.6%582601568Qiyuan/Nevo A055new5717new603n/a569Toyota Allion5– 28.6%54912– 98.7%589560570Wuling Xingchi5– 99.4%3041,249– 63.5%358354571ChangAn Raeton PLUS4– 98.2%56513– 98.8%585485572Land Rover Discovery Sport4– 99.4%55329– 98.2%564436573Zeekr MIX4– 97.5%5747– 98.2%604517574Denza Z93– 99.0%55918– 98.2%579476575Dongfeng Forthing T5/EVO3– 99.9%5817– 99.7%602473576Hongqi Guoyao3– 88.9%56011– 72.5%590645577Buick Electra E42– 99.1%5646– 98.6%605573578Buick Encore2– 66.7% –3– 83.3%615661579Cadillac CT42n/a –2– 66.7%623670580Honda e:NP22– 99.0% –14– 97.0%581475581Hongqi Guoya2– 91.7%54512– 89.7%587625582JAC Yiwei Aipao2– 99.0%53111– 96.9%591490583Jaguar XEL2– 99.6%55223– 97.5%572389584Leapmotor C012– 99.8%54125– 99.2%569367585Mercedes EQA2– 99.2%5694– 99.2%612515586Roewe RX52– 99.9%5883,906– 19.1%237242587BYD D11– 98.0% –2– 97.6%622620588Changan Yida1– 99.4%5665– 98.1%608611589Chevrolet Monza/Cruze1– 99.9%5674– 99.9%611409590Dongfeng Fengon 5001+ 0.0% –1– 88.9%634658591Dongfeng Fengxing Jingye S501– 99.3% –1– 99.8%635528592Honda Life1– 99.1% –3– 99.1%616574593Hongqi Guoli1– 87.5% –3– 85.0%617655594Kia Pegas1– 94.4% –2– 93.1%626641595MG One1– 95.0%5863– 97.1%618643596Peugeot 40081– 99.3% –35– 89.7%559551597Sehol E10X1n/a –1– 99.6%641622598Wuling Victory1n/a5733– 99.9%619491599Yangwang U91n/a5913n/a620n/a

Source: CAAM