The AITO M7 ranks on the Chinese podium in February.

Due to Lunar New Year falling in February this year vs. January in 2023, new vehicle wholesales (factory shipments) drop -19.9% year-on-year in February to 1,584,000 units accosting to data by the China Association of Automobile Manufacturers (CAAM). After a 47.9% surge in January, the market is now up 11.1% year-to-date to 4,026,000 units. Passenger Vehicles are down -19.4% to 1,333,000 for the month and up 10.6% to 3,451,000 units year-to-date. As for Commercial Vehicles, they are off -22.5% in February to 251,000 but up 14.1% year-to-date to 575,000. New Energy vehicles wholesales retreat -9.2% this month to 477,000, with BEVs down -21.8% to 294,000 and PHEVs up 22.4% to 183,000. Year-to-date, NEVs gain 29.4% to 1,207,000, including 771,000 BEVs (+11.7%) and 467,000 PHEVs (+72.8%). 

Exports amount to 377,000 units in February, up 14.7% on a year ago, with Passenger Vehicle exports up 16.2% to 315,000 and Commercial Vehicles up 7.6% to 62,000. Note NEV exports actually drop -5.9% to 82,000 units. Year-to-date, exports are up 30.5% to 822,000, including 686,000 Passenger Vehicles (+31.5%), 136,000 Commercial Vehicles (+25.9%) and 182,000 NEVs (+7.5%). Looking at wholesales by segment, in February sedans/hatches drop -23.8% to 557,000, SUVs are off -12.4% to 722,000 and MPVs down -40% to 42,000. Year-to-date, sedans/hatches gain 5.4% to 1,449,000, SUVs soar 18.3% to 1,873,000 and MPVs drop -12.3% to 109,000.

Looking at the brands ranking, Volkswagen (-13.6%) manages to repeat at #1, something it hadn’t done since January 2023. The German brand contains its loss somewhat thanks to positive performances by the ID.3 (+258.1%), ID.4 X (+61.8%), CC (+40.9%), Tiguan L (+28.7%), Tharu (+13.5%), Passat (+13%) and Tayron (+8.4%). For once BYD (-34.3%) loses share year-on-year and tumbles down, despite strong showings by the Destroyer 05 (+46.1%) and Qin Plus (+1.5%). The new Seagull adds 14,400 sales and the Song L 5,265. Toyota (-38.1%) is in even worse shape, with the twins Corolla Cross (+56.1%) and Front Lander (+25.1%) the Japanese manufacturer’s only nameplates in positive.

In 4th place, Geely (-4.8%) resists very well and is followed by three underperforming brands: Changan (-27.3%), Honda (-38.3%) and Wuling (-20.7%). BMW (-10.7%) wins the German luxury brand race like in January at #8 overall, distancing Mercedes (-22.7%) at #9 and Audi (-16.7%) at #11. Nissan (-26.3%) is wobbly and rounds out the Top 10. Chery (+40.8%) stuns with a market defying gain but drops four spots on January to #12. It now ranks #9 year-to-date vs. #14 over the Full Year 2023. The best performer this month is AITO (+673.6%) smashing its ranking record at #14. Below, Leapmotor (+105.3%), Deepal (+99.6%), Jetour (+69.7%), Zeekr (+37.7%), COS (+29.7%), Li Auto (+21.9%), Tank (+15.3%) and Dongfeng (+7.4%) stand out with positive results. Notice these are all Chinese brands. The only foreigner in positive in February is Mazda (+2.4%).

Looking at the models ranking in isolation, the BYD Qin Plus (+1.5%) takes the lead for the second time in the past 5 months, with the Tesla Model Y (-11.7%) up four spots on January to #2. The AITO M7 (+1623.9%) spectacularly lands on the third step of the podium, a new personal best, and is now #4 year-to-date vs. #98 over the Full Year 2023. The Nissan Sylphy (-23.8%) stays in 4th place while last month’s leader the Changan CS75 Plus (+32.4%) falls to #5 but remains in the year-to-date lead for now. The new BYD Seagull is back up three ranks on last month to #6, with the VW Sagitar (-2.2%) the only remaining Top 10 member to beat the market. Indeed the BYD Song Plus (-65.3%), Wuling Hongguang Mini EV (-58.2%) and VW Lavida (-32.3%) all implode.

Previous month: China wholesales January 2024: VW back above BYD, Changan CS75 Plus #1, Aito M7 #5

One year ago: China wholesales February 2023: BYD, GAC shine, market bouncing back up 13.5%

Full February 2024 Top 94 All brands and Top 512 All models below.

China wholesales February 2024 – brands:

PosBrandFeb-24/23Jan2024/23PosFY231Volkswagen114,213– 13.6%1323,689+ 15.5%122BYD111,114– 34.3%2302,236– 0.1%213Toyota72,402– 38.1%3214,091– 3.5%334Geely  63,961– 4.8%4203,199+ 48.6%455ChangAn (incl. Chana)53,788– 27.3%5185,710+ 12.3%566Honda45,340– 38.3%6174,978+ 27.3%647Wuling44,496– 20.7%9107,581+ 8.2%888BMW39,613– 10.7%7108,486+ 7.3%779Mercedes38,188– 22.7%1381,513– 12.6%121110Nissan35,875– 26.3%1094,060+ 5.4%10911Audi32,807– 16.7%1185,846+ 21.1%111012Chery31,743+ 40.8%898,709+ 105.7%91413Tesla30,141– 11.1%1670,022+ 15.2%131214AITO27,240+ 673.6%2058,094+ 627.1%174015Hongqi25,404– 4.0%1466,169+ 35.7%141816Haval21,458– 24.6%1562,061+ 9.1%161517Buick20,422– 38.1%1263,930– 6.0%151318LI Auto20,252+ 21.9%1851,418+ 61.9%181719Jetour19,005+ 69.7%1950,016+ 127.9%192420COS16,454+ 29.7%1747,788+ 55.1%202221GAC 15,042– 37.3%2145,050+ 3.1%211922DongFeng14,651+ 7.4%2340,547+ 27.4%222123Aion12,369– 58.9%2534,303– 14.9%251624Hyundai12,009– 27.3%2434,510– 5.7%242025Lynk & Co11,592– 1.7%2238,967+ 72.3%232326Ford9,933– 24.9%2727,081+ 5.8%262627Shenlan/Deepal8,189+ 99.6%3022,992+ 124.5%293628NIO8,132– 33.1%3618,187– 12.0%352929Jetta8,050– 26.8%3221,059– 2.2%312830Roewe7,761– 48.3%2824,854– 19.8%273031Zeekr7,510+ 37.7%3320,047+ 133.9%333732TANK7,122+ 15.3%2624,486+ 104.5%283433Volvo6,776– 39.4%3120,654– 1.1%323134Qiyuan6,628new3716,396new377135Leapmotor6,566+ 105.3%3418,843+ 334.5%343236Cadillac6,507– 35.0%2921,514+ 10.2%302537MG5,956– 30.0%3517,222+ 3.1%363837Kia5,680– 11.6%4213,679+ 8.3%374438Denza4,598– 37.2%3913,525– 1.7%383539Xpeng4,545– 24.4%4012,795+ 14.0%413340Bestune4,340+ 11.4%4312,101+ 72.2%424341Geometry3,967– 33.3%4112,042+ 30.7%434742Neta3,964– 60.6%4411,049– 31.3%443943Mazda3,956+ 2.4%3813,164+ 66.9%404144Exeed3,801+ 85.8%479,092+ 138.6%464945Beijing3,626– 46.9%517,849– 33.0%483746Chevrolet3,507– 65.0%3713,514– 34.1%392747Voyah3,182+ 187.4%4510,222+ 285.0%455048Lincoln2,753– 29.5%468,565– 7.0%474549Venucia2,670– 55.5%526,402– 39.7%524650WEY2,619+ 170.3%555,945+ 202.7%535451Fang Cheng Bao2,310new487,513new498152Dayun2,071+ 75.7%594,251+ 80.7%556653Ora2,006– 48.3%506,591+ 3.5%514254IM2,000+ 726.4%496,613+ 1171.7%505655AvatR1,894– 6.1%643,397– 1.0%616356SWM1,843– 20.9%822,168– 58.7%706257Nammi1,668new603,552new60 –58Land Rover1,631– 41.6%574,159– 18.4%566059Kaiyi1,444– 56.5%583,912– 38.6%585560JAC1,386– 17.8%702,493– 21.8%654861Citroen 1,330– 40.1%662,808– 39.1%626162Maxus1,199– 34.4%563,850+ 42.6%595863Baojun1,138– 6.7%544,716+ 123.0%545764Skoda1,000– 50.0%652,500– 37.5%646465Jaguar892– 42.6%622,727– 3.8%636566BAW883n/a672,330n/a687367SRM861– 49.4%771,555– 28.2%727468Luxeed794new801,398new749569YangWang780new632,432new669070Hycan754– 37.6%741,514– 17.1%737071Smart726– 79.9%682,171– 68.0%695372Cao Cao626new791,238new777673Polestones552new –552new839474JMC (incl. JMEV)483+ 100.4%691,634+ 35.2%717875Rising Auto (ex R)480+ 84.6%612,336+ 159.0%676776Peugeot419– 80.8%534,145+ 1.4%575277Livan (ex Lifan Maple)414– 48.9%751,162– 52.0%786978Lingbao350– 76.8%711,380– 51.2%757279Skyworth300– 74.0%721,300– 33.1%766880iCar296new78969new809181Foton250– 46.1%85477– 37.8%848582Xiaohu244+ 92.1%91328+ 13.5%879383VGV214– 38.5%731,094+ 36.9%798284Haima148– 84.9%89294– 85.4%887785Jiyue147new86365new869786Ciimo143– 77.2%83399– 51.3%858887Sehol142– 97.9%90237– 98.0%925188FAW138+ 25.5%81562+ 335.7%829289Arcfox131– 69.7%76848+ 1.8%815990Polestar74new88261new90 –91Infiniti62– 90.0%87256– 76.3%918092Hiphi40new84272new898493Karry6– 57.1%9237– 76.6%939694DS4– 90.7% –4– 93.1%9498

China wholesales February 2024 – models:

PosModelFeb-24/23Jan2024/23PosFY231BYD Qin PLUS27,851+ 1.5%757,095+ 46.3%222Tesla Model Y22,537– 11.7%652,449+ 32.1%313AITO M721,083+ 1623.9%551,080+ 1625.7%4984Nissan Sylphy19,878– 23.8%450,262+ 1.3%545ChangAn CS75 PLUS17,749+ 32.4%159,235+ 69.1%196BYD Seagull14,403new942,453new8107VW Lavida14,400– 32.3%246,819– 2.8%658VW Sagitar14,209– 2.2%1042,035+ 20.2%989BYD Song PLUS 12,693– 65.8%344,960– 38.2%7310Wuling Hongguang MINI EV12,649– 58.2%3428,169– 39.7%231111VW Passat11,871+ 13.0%1434,758+ 66.3%112012Mercedes GLC11,435+ 29.8%6121,628– 6.5%386113Mercedes C-Class L11,303– 4.8%5921,603+ 21.6%393214Geely Boyue11,276– 3.1%1234,722+ 37.4%122115Toyota Corolla Cross11,017+ 56.1%2528,255+ 100.6%224216Haval H610,848– 34.2%1533,694+ 1.6%131517Toyota Front Lander10,774+ 25.1%2128,840+ 76.8%202418VW Magotan10,719– 7.0%2328,096+ 20.9%241919VW Tiguan L10,334+ 28.7%2826,974+ 59.4%262920Geely Xingyue L10,138+ 5.5%1333,530+ 68.8%143121Audi A6L10,019– 17.7%2228,047+ 13.9%252322BMW 3-Series L9,929+ 12.0%3724,740+ 48.8%293723Hongqi H59,786+ 20.8%3624,654+ 85.6%305724Geely Xingrui9,746– 3.5%1630,999+ 64.8%165125BYD Song Pro9,386– 35.0%2029,338+ 2.7%181726BYD Dolphin9,213– 59.4%2925,599– 36.4%27727ChangAn Eado/Eado PLUS9,132+ 4.6%1133,461+ 63.8%153028Geely Emgrand8,937– 27.6%1929,062+ 18.7%193329Mercedes E-Class L8,900– 26.8%8217,245– 35.4%573430Jetour X70/X70S8,555+ 9.4%6918,301+ 35.1%517231COS Z68,482+ 76.3%3224,610+ 119.8%326732LI L78,459new4021,802new374733Chery Tiggo 8/PLUS8,296+ 70.1%1829,393+ 176.5%175034BYD Yuan PLUS8,210– 59.5%2725,041– 27.7%28635Wuling Bingo8,087new4719,833new442736Audi Q5L7,936+ 1.1%4121,019+ 52.2%403937Wuling Hongguang S7,726– 40.3%6217,862– 23.7%525838Tesla Model 37,604– 9.4%6617,573– 16.5%553639BMW X37,482– 11.5%4420,469+ 21.8%415640Honda Civic7,420– 29.6%1728,654+ 66.8%212841VW Tharu7,366+ 13.5%5318,426+ 28.1%487042Honda CR-V7,357– 47.6%835,431+ 63.4%101843ChangAn UNI-V7,251– 14.1%2424,623+ 35.3%314344Toyota Wildlander7,234– 22.9%4320,228+ 18.3%424045VW Bora7,221– 30.9%4818,916– 19.8%453846Chery Arrizo 87,160+ 290.6%3522,243+ 341.7%368447Hyundai Elantra (new)7,066+ 3.8%4918,367+ 22.9%506648Toyota Levin7,041– 46.7%10313,481– 40.9%766049Toyota Camry6,971– 51.6%3023,323– 19.0%331450VW Lamando6,963– 4.7%9114,449– 7.2%736951BYD Destroyer 056,953+ 46.1%10413,353+ 38.9%788052Honda Accord6,876– 48.0%3123,024– 17.2%342653Nissan Qashqai6,680– 31.2%6416,768– 1.4%596254VW Tayron6,669+ 8.4%5617,583+ 30.0%544855Audi A4L6,597– 4.9%6716,486+ 38.8%624656Hongqi HS56,463– 42.9%5017,712– 1.3%536857BMW X56,453– 8.3%4518,388+ 3.7%497658LI L96,336– 13.2%7615,098– 1.3%675959BYD Han5,970– 51.3%5117,218– 28.2%581360Toyota RAV45,949– 27.1%2622,875+ 46.3%352561BMW X15,918+ 138.8%7414,761+ 72.9%699362Haval Big Dog/Dargo5,902– 18.3%7814,435+ 17.3%743563Aion Y5,794– 55.4%6515,873– 10.8%651264Honda Integra5,691+ 57.1%4218,714+ 126.3%475365Wuling Starlight5,647new6315,750new6630466COS X5/Plus5,565+ 8.3%5416,613+ 27.8%618967Changan CS555,545– 57.6%4617,479– 33.0%567168Aion S5,462– 67.5%7014,996– 31.6%681669LI L85,457– 33.4%7214,518+ 1.6%725570Honda Breeze5,394+ 10.8%3918,786+ 70.5%464971BYD Song L5,265new9312,639new8239572AITO M95,251new –5,251new168 –73Geely Panda Mini5,188– 22.1%5216,280+ 144.4%636574Jetour Traveler4,974new5515,933new6415575Roewe i5/Ei54,784– 38.3%7713,367– 6.8%7710676Geely Galaxy L74,775new6814,547new7110077Nissan Teana/Altima4,764– 32.9%8312,962+ 11.7%807878Jetta VS54,594– 15.6%9411,963+ 1.4%889079Geely Binyue4,506– 39.4%8512,417– 30.6%857980Toyota Highlander4,430– 5.2%9711,634+ 22.8%909281Buick GL84,392– 45.2%1279,381– 17.2%1066482Denza D94,219– 42.4%8112,579– 8.6%835483Zeekr 0074,204new11010,057new10254584Shenlan/Deepal S74,202new7113,311new7912385BMW 5-Series L4,131– 57.0%5814,574– 43.4%704186Toyota Sienna4,109– 27.3%10111,085– 9.7%938687BYD Tang3,987– 66.9%7312,879– 37.4%814488Shenlan SL033,987– 2.8%1129,681– 5.5%1049489Lynk & Co 033,981– 13.5%8012,431+ 44.8%849790Hongqi E-QM53,968+ 60.6%9611,221+ 22.3%928591Cadillac CT53,921+ 82.0%8611,762+ 66.4%898292Changan Lumin3,845– 57.8%3319,886+ 43.9%434593VW ID.33,803+ 258.1%8811,409+ 326.3%918894Buick Regal3,666+ 36.9%5714,230+ 87.8%7510595Chery Tiggo 73,652+ 46.7%10710,018+ 57.4%10311996Volvo XC603,592– 27.8%9210,968+ 12.3%979597Ford Mondeo3,516– 34.8%10010,516+ 26.1%10110898Lynk & Co 063,474– 31.5%8910,975+ 10.3%969699Tank 300 (ex-WEY Tank 300)3,458– 32.9%9510,814+ 11.2%9877100Dongfeng Aeolus Haohan3,453new1268,456new111334101Buick Verano3,448– 59.2%1676,983– 61.8%13663102Lynk & Co 083,419new7512,235new86170103Changan Yida3,405+ 376.2%8711,028+ 1205.1%94136104MG 53,384– 39.5%1119,236– 13.0%108133105GAC Trumpchi M6 (ex GM6)3,334– 11.0%1367,940+ 27.0%115117106VW Golf3,245– 24.0%1706,713– 28.7%141110107Wuling Jiachen3,086– 21.3%1427,491– 12.4%129131108VW T-Roc3,064– 34.2%9010,552+ 0.8%100107109Wuling Xingchi3,024– 2.8%1327,732– 0.0%120139110Geely Haoyue3,008+ 45.7%1148,585+ 45.5%110154111Bestune B703,002+ 88.4%1347,668+ 120.7%123140112Qiyuan A052,987new1785,908new158398113NIO ES62,959+ 3.9%1576,903+ 85.6%137109114Jetour X902,889+ 65.5%1586,821+ 89.9%138193115Audi A32,884– 39.5%1646,605– 10.4%143103116BMW i32,870– 3.6%1317,615+ 15.4%124116117Chevrolet Monza2,810– 58.8%8410,991– 19.4%9552118Toyota Corolla2,743– 78.7%3816,664– 34.6%6022119Hongqi HS3 2,742new1636,484new147251120GAC Trumpchi GS32,741– 5.2%1297,516+ 103.7%127114121Toyota Avalon2,739– 36.3%1029,374+ 7.1%10773122Wuling Xingchen/Asta2,710– 16.7%1337,391– 12.7%130138123Zeekr 0012,663– 45.0%1227,935– 0.3%11687124Changan CS35 PLUS2,633– 63.6%1178,044– 54.7%114130125Toyota Granvia2,541– 42.0%1197,909+ 26.9%117127126Buick Velite 62,535– 13.3%1237,784+ 132.1%119137127Chery Tiggo 92,530new989,642new105163128VW Teramont2,496– 19.1%1247,722+ 29.9%121128129Nissan X-Trail2,427– 44.5%1446,819– 15.2%139115130COS X7/Plus2,407– 12.2%1496,565+ 2.8%144150131Neta X2,338new1307,104new134351132BYD Seal2,319– 70.1%7910,778– 25.0%9975133Fang Cheng Bao Bao 52,310new1257,513new128381134Mercedes A-Class L2,309– 53.4%1566,271– 16.4%149132135Hyundai Tucson2,305– 5.1%1187,706+ 42.6%122118136VW CC2,287+ 40.9%1406,766+ 102.5%140161137Buick Electra E52,278new2263,977new192209138Leapmotor C102,266new2933,113new214 –139Ford Equator/Sport (Lingyu/Lingrui)2,259– 0.4%1715,621+ 14.0%164160140Geely Galaxy L62,256new1058,645new109246141Audi Q32,245– 39.6%1745,323– 13.0%166121142BMW iX32,177– 23.9%1625,946+ 16.1%156146143Dongfeng Aeolus Hyun (Yixuan)2,151– 24.5%1556,153– 25.6%152126144Kia Forte Furuidi2,146+ 7.3%1934,500+ 12.6%179194145MG 72,139new1456,490new146168146Chery Tansuo 62,138new1516,228new150298147Tank 5002,125+ 107.9%1167,547+ 235.3%125162148WEY Lanshan (Blue Mountain)2,108new2074,193new183174149Geely Galaxy E82,089new1755,147new170 –150Hyundai Mufasa2,084new1436,479new148232151Jetour Dasheng2,077+ 26.9%1416,552+ 36.3%145143152GAC Trumpchi M8 (ex GM8)2,070– 67.3%1157,540– 30.6%12681153Geometry E2,044+ 11.2%1526,089+ 81.2%155169154Leapmotor T032,043+ 54.3%1376,649+ 264.3%142148155Haval Raptor2,003new1486,210new151247156NIO ET5T1,983new2014,191new184216157Chery QQ Ice Cream1,970– 37.1%1874,495– 23.4%18199158Ford Edge/Edge L1,952+ 482.7%1834,707+ 237.4%177225159Dongfeng Fengon Landian E51,915new1217,204new132386160Mazda3 Axela1,873– 15.4%1087,907+ 78.9%118124161Honda Fit1,844– 69.6%2024,032– 67.0%190111162Volvo S901,841– 36.4%1605,740+ 10.9%162145163Chery Arrizo 5/5e1,796– 47.4%1545,819– 21.7%160125164Buick Envision1,781– 71.2%6012,030– 17.0%8774165Qiyuan Q051,749new –1,749new274570166Jetta VA31,736– 53.6%1734,909– 14.3%173113167VW Tavendor1,735– 3.7%1505,830+ 122.2%159175168Mazda CX-51,733+ 72.4%1964,045+ 123.1%189242169Ora Good Cat1,731– 28.5%1535,764+ 61.5%16191170Qiyuan A071,723new1615,553new165316171Jetta VS71,720– 5.3%1894,187+ 4.5%185164172Honda HR-V1,715new1068,100new113178173GAC Trumpchi Empow1,714– 26.8%1824,504– 14.0%178142174Dayun Yuehu1,712+ 69.7%2323,347+ 73.1%208249175Beijing BJ401,692+ 39.0%2003,942+ 44.9%193219176Toyota bZ31,674new1904,095new187196177Nammi 011,668new2143,552new202 –178Leapmotor C111,661– 3.0%1206,987+ 226.8%13583179VW Polo1,636– 55.3%2053,746– 35.3%197149180Dongfeng Future1,602– 45.1%1864,146+ 1.4%186185181Tank 4001,539new1386,125new153296182Venucia Grand V1,536– 37.6%2173,374– 30.9%207153183Geometry A1,531– 31.9%1804,333+ 13.7%182238184Honda Vezel1,520– 4.5%1724,816+ 41.0%174147185Honda Inspire1,510– 52.3%1137,108+ 15.3%133112186IM LS61,491new1356,103new154211187Exeed TX/TXL1,467+ 468.6%2303,136+ 135.3%212265188Xpeng X91,448new1883,926new194 –189Haval M61,446– 52.1%1973,740– 47.5%198122190Voyah Dreamer1,406+ 120.7%1664,945+ 274.6%171192191Toyota Crown Kluger1,403– 65.0%1465,732– 27.7%163129192Dongfeng Aeolus E701,400+ 46.4%1854,055+ 77.9%188171193BYD e61,333n/a3751,694+ 639.7%280500194AvatR 121,315new –1,315new296493195Honda XR-V1,313– 49.8%998,405+ 98.5%112120196VW ID.4 CROZZ1,299– 20.8%1654,921+ 126.5%172151197Roewe RX51,286– 73.3%2193,108– 70.7%215141198Toyota Venza1,286– 43.8%2043,413– 15.6%205182199GAC Trumpchi E81,280new1694,750new176358200Voyah Free1,260+ 180.0%1943,593+ 173.2%201235201NIO ET51,249– 80.7%2582,579– 79.0%228144202Chery Tiggo 5x/e1,226– 45.1%2033,389– 27.8%206186203ChangAn UNI-T1,225– 61.6%2113,155– 57.2%211181204Lincoln Nautilus1,225+ 35.1%1923,638+ 83.1%200187205Exeed Yaoguang1,221– 31.0%2063,312+ 87.1%209202206Roewe D71,216new1097,217new131364207NIO EC61,209+ 41.9%2402,737+ 165.5%222292208Nissan Tiida1,200+ 122.2%2133,090+ 262.3%216253209Citroen C5 X1,198– 36.6%2662,400– 40.8%237223210Xpeng G61,161new2212,964new219135211Honda Odyssey1,151– 43.4%1953,467– 8.6%203152212VW Talagon1,119– 45.4%1794,003+ 27.2%191172213Beijing EU-Series1,110– 50.8%3021,885– 52.6%263104214GAC Trumpchi GS81,108– 56.1%2103,114– 28.8%213176215VW ID.4 X1,100+ 61.8%2332,725+ 50.1%223207216Neta S1,090– 46.8%2242,856– 19.9%220206217Kia K31,089+ 40.5%2891,964+ 23.8%261347218JAC Refine (M3+E3)1,084– 35.7%4311,234– 61.3%305260219BYD Yuan Pro1,083new2722,178new250290220GAC Trumpchi Emkoo1,074– 63.0%1813,872– 29.4%195166221Buick Century1,071– 33.6%2452,561– 20.1%229220222Geely Binrui1,049– 65.2%1285,944– 26.4%157165223Chery Little Ant (eQ1)1,020– 52.1%2632,276– 28.0%242190224Cadillac XT51,010– 71.0%1684,500+ 3.7%180156225Honda Avancier1,005– 61.2%1913,421– 34.2%204167226ChangAn UNI-K967– 62.1%1843,683– 34.1%199205227Lincoln Corsair947– 44.3%2092,983– 27.2%217198228BYD Qin923– 70.3%2961,753– 69.3%272179229Ford Explorer909– 55.0%2082,982– 29.9%218188230AITO M5906– 60.6%2911,763– 65.0%270159231ChangAn Raeton PLUS906– 48.3%2372,454– 47.7%231228232Range Rover Evoque901– 34.3%2552,258– 4.5%244262233Mercedes GLA900– 57.7%3601,301– 60.6%300229234Volvo S60L900– 54.2%2282,583– 24.0%227215235Honda Elysion870– 68.4%1594,782+ 11.3%175183236Buick LaCrosse868– 14.1%1475,193+ 100.2%169184237SRM Golden Sea Lion861– 49.4%3101,555– 28.2%285278238Xpeng G9861– 10.3%2252,598– 19.0%226197239Xpeng P7836– 63.6%2222,619– 21.0%225134240Hongqi H6823new2542,191new249321241Kaiyi XuanJie/Pro812– 29.8%2342,409+ 49.2%235240242Nissan Kicks806+ 111.0%1763,862+ 499.7%196336243Luxeed S7794new3271,398new291543244Chery Tiggo 3/3×790– 57.2%2562,139– 34.8%253239245Baojun Yep788new2462,268new243268246Toyota C-HR786– 37.1%2851,711– 23.3%278282247Yangwang U8780new2312,432new233484248SWM G05771+ 10.9%416950– 43.3%325320249Chana Honor768– 33.5%2741,858– 8.4%264303250Mercedes GLB764– 87.2%1395,300– 42.0%167102251Kia Sportage L752+ 265.0%2492,198+ 606.8%248294252Audi Q4 e-Tron750+ 35.6%2622,026+ 91.0%258210253Cadillac XT4746– 56.6%2272,429– 24.1%234227254Bestune T90738new2442,231new246384255Land Rover Discovery Sport730– 48.7%2681,901– 30.4%262273256Maxus G50/Euniq 5725– 21.7%2362,289+ 69.6%241243257Ford Escape721– 48.8%2412,236– 22.8%245199258Lynk & Co 09718– 29.6%2292,398+ 27.6%238272259BYD Corvette 07705– 88.7%2162,552– 77.4%230101260BYD e2699n/a2711,856n/a265234261Kia Seltos697new2921,551new286362262Dongfeng Aeolus Haoji691– 41.4%2791,698– 53.8%279203263VW Viloran685– 14.9%2232,452+ 99.7%232241264Venucia D60673– 73.7%2601,970– 54.2%260218265Dongfeng Fengdu Paladin673new –673new365 –266Chery Fengyun A8668new2751,734new276 –267GAC Trumpchi GS4/Plus664– 77.8%2382,202– 70.5%247189268SWM G01658– 9.1%432804– 53.7%344330269GAC Trumpchi E9639new2651,855new266245270Audi Q2L629– 62.4%2951,473– 46.6%288236271Cao Cao 60626new3241,238new304284272Mercedes V-Class602– 47.6%2522,037– 1.3%256254273Hycan Z03601– 42.7%407800– 49.9%345274274Leapmotor C01596+ 267.9%2432,094+ 459.9%254201275Mercedes Vito594– 57.8%2352,164+ 11.7%251250276Aion V589+ 135.6%2502,034+ 258.7%257221277Honda ZR-V587– 17.0%2701,750+ 24.1%273276278AvatR 11579– 71.3%2422,082– 39.4%255214279Audi A7L577+ 99.7%2761,613+ 172.0%284222280Hongqi H9562– 52.2%3031,315– 33.7%297261281Polestones 01552new –552new381542282Haval Xiaolong543new2671,731new277177283Toyota Harrier540– 73.1%2182,366– 35.7%240200284Dongfeng Fengon MINI EV537+ 7.6%397765– 2.2%351410285Neta Aya536new3321,089new311267286BAW M7531new2611,812new268353287VW ID.7 VIZZION523new1982,792new221552288Voyah Zhuiguang516+ 2480.0%2691,684+ 8320.0%281403289Geely Icon511– 68.3%2471,990– 45.4%259231290Jetour Shanhai L9510new2122,409new236516291Honda UR-V509– 72.0%2152,367– 22.0%239237292Exeed Exlantix (Sterra) ES482new342986new321554293Smart #1470– 87.0%2811,448– 78.7%289158294Audi Q5L Sportback463– 31.5%2901,325+ 5.3%295313295Toyota Levin GT (Lingshang)462– 60.4%3301,039– 50.4%317317296Jaguar XEL447– 44.6%3171,095– 24.8%310306297VW Tayron X438– 0.9%2861,336+ 24.6%294324298Volvo XC40433– 66.9%2881,310– 46.3%299277299Wuling Victory431– 46.7%3201,053– 40.3%316359300Hongqi HS7420– 29.3%385720– 18.7%357333301GAC Trumpchi ES9418new2571,755new271377302NIO ES8414+ 4.8%3231,029+ 79.6%319270303SWM Big Tiger414new –414new402 –304Zeekr X411new3081,119new308212305Dongfeng Forthing T5/EVO410– 65.9%2531,829– 18.5%267269306Mercedes EQB405+ 123.8%386700+ 89.2%362361307Hongqi LS7403– 60.9%363795– 37.6%347510308WEY Gaoshan403new2731,494new287515309Cadillac CT6400– 28.4%3211,019+ 4.8%320301310Hyundai Custo400– 22.8%2781,415+ 29.5%290280311IM LS7395new –395new407271312Geometry G6392– 43.8%2641,620+ 115.1%283374313Exeed VX (Lanyue)392new2971,216new306307314Venucia VX6386new335931new328499315Wuling Xingyun386new338913new330455316BMW X2371– 58.2%3011,156– 32.9%307248317Audi Q6370+ 131.3%3141,031+ 155.2%318405318Wuling Air369– 60.8%441491– 68.8%390341319VW T-Cross366– 51.0%1992,631+ 59.4%224258320Mercedes EQE364– 13.5%3061,079+ 52.0%312331321Haval H5364new2801,370new292350322Rising Auto R7361+ 64.1%2202,164+ 199.7%252356323Dayun Yuanzhi M1359+ 111.2%334904+ 116.3%333388324Lincoln Z355– 57.1%2871,240– 43.5%303275325BAW Yuanbao352– 38.8%423518– 44.7%384344326Jaguar XFL351– 52.9%2771,369– 0.8%293293327Kia Stonic348– 55.6%350794– 42.3%348327328Ford Everest342+ 307.1%480381+ 75.6%410505329JMEV EV2/Little Kirin340+ 378.9%354777+ 552.9%349454330ChangAn Benben339n/a356762– 83.7%352252331Dongfeng Fengon 500335n/a2821,297+ 37.7%301363332Wuling Journey325– 61.9%339840– 33.6%340339333Toyota IZOA325– 49.4%340833– 29.3%341357334Mercedes EQA319+ 209.7%437448+ 134.6%395418335Honda e:NS1318– 65.6%2831,261– 17.7%302305336Kaiyi Xuanyue317– 11.9%329909+ 28.6%332326337Skoda Superb313+ 240.2%352752+ 277.9%353467338Mazda CX-50312new3041,063new313309339Chevrolet Malibu311– 68.3%3001,110– 56.8%309263340Dongfeng Fengon 380/E380307+ 7.0%369683+ 38.0%364423341Dongfeng Fengon 330/370302– 20.3%359711+ 2.6%359458342Dongfeng Forthing Leiting302new383613new372473343Kia Sportage300– 76.9%316954– 63.5%324302344Skyworth HT-I300– 60.5%328900– 25.3%335323345iCAR 03296new311969new323509346VW Tacqua295– 68.1%333846– 61.8%339259347Denza N7294new377614new371368348Beijing BJ60293– 63.0%322911+ 15.0%331329349Mercedes EQE SUV293new2511,737new275372350Kaiyi Shiyue289new399511new386448351Audi Q3 Sportback287– 47.9%374648– 32.3%368354352Skoda Kamiq283– 53.5%331857– 37.9%338349353Haval H9279– 41.6%353716– 21.1%358380354Geely Xingrui L278new –278new427475355Maxus G10/EG10272– 37.6%358693– 2.8%363322356Chery Big Ant271+ 13450.0%362664+ 33100.0%367373357Aion Hyper HT268new341772new350438358Smart #3256new346723new356332359Livan 7254new319879new336451360Lingbao BOX250– 77.8%2991,063– 51.0%314308361Foton MP-X250– 46.0%398477– 37.6%393416362Bestune NAT247– 82.0%315904– 46.7%334230363Xiaohu FEV244+ 92.1%458328+ 13.5%420536364Baojun Cloud243new2391,774new269289365Exeed LX (Zhui Feng)239+ 1227.8%405442– 37.5%397342366Skoda Karoq236– 9.6%380554+ 2.2%380444367Beijing Rubik’s Cube / Mofang235+ 1.7%414416– 28.5%401328368Zeekr 009232– 62.3%309936+ 51.9%327233369Aion Hyper GT232new381547new382404370Chery Omoda 5226– 56.6%351669– 51.2%366436371Lincoln Aviator226– 52.1%345704– 24.5%361397372Dongfeng Fengxing Jingye S50226+ 121.6%326830+ 23.3%342456373VGV U70214– 29.6%2941,060+ 54.7%315413374Xpeng P5213– 88.7%368590– 82.0%373224375Geely Emgrand L204new305947new326452376Ora Lightning Cat 201– 84.9%370572– 78.1%375287377Toyota Allion200– 77.9%318826– 51.0%343312378Dongfeng Fengon 580193– 74.8%387487– 78.3%392355379VW ID.6 CROZZ184– 71.3%355618– 33.0%370300380Bestune T77183– 53.8%502189– 75.0%452400381Peugeot 408 X179new2481,652new282411382Toyota bZ4X178– 88.5%400399– 84.7%405281383MG Mulan / MG4177– 83.7%336708– 67.6%360297384Roewe iMAX8177– 69.5%382491– 45.5%391318385BMW iX1177new364568new377555386Roewe i6/ei6 MAX173– 84.5%410365– 79.9%413299387Qiyuan A06169new1773,186new210538388MG One167– 84.0%376517– 74.9%385389389Honda Life166– 79.6%348625– 46.7%369370390Beijing X7159– 83.7%420330– 82.8%418286391Kia EV5159new307868new337563392Buick Enclave155– 82.2%298973– 34.3%322283393Ford EVOS153– 27.8%403367– 18.6%412469394Haima 7X148– 82.7%442267– 80.9%429387395Jiyue 01147new401365new414551396Buick Encore146– 57.6%372511– 41.5%387519397Ciimo M-NV143– 77.2%394399– 51.3%406478398Livan Maple 60S141– 9.6% –141– 82.0%466343399Chevrolet Equinox139– 84.0%365522– 75.1%383288400Cadillac CT4139– 74.4%392408– 58.6%403345401FAW Senia R7138+ 25.5%371506+ 292.2%388528402NIO ET7135– 79.2%404345– 70.5%416382403Sehol Aipao135– 64.1%457222– 48.7%443441404Cadillac XT6132– 89.8%312800– 63.8%346257405Citroen C5 Aircross132– 22.4%393392+ 34.7%409447406Peugeot 508127+ 8.5%384437+ 138.8%398390407Hongqi E-HS9125– 76.7%325731– 61.2%355385408Skoda Kodiaq125– 42.7%456215– 48.7%445443409Nissan Ariya 120+ 87.5%419296+ 126.0%424430410Dongfeng Fengon iX5120+ 900.0%505125+ 346.4%473486411NIO EC7119new433262new433431412Rising Auto F7119new473172new456279413Chevrolet Blazer116+ 84.1%366496+ 327.6%389425414IM L7114– 52.9%524115– 77.9%476518415Roewe Clever113+ 606.3%427273– 87.7%428217416Baojun KiWi EV106– 86.3%349556– 55.6%379383417WEY Mocha102– 11.3%435242+ 1.7%440401418JMEV EV3101+ 461.1%411288+ 83.4%426525419Lingbao UNI100– 74.0%402317– 51.8%422407420VW ID.6 X100– 61.2%391372– 26.9%411371421JAC X8 Plus100new388393new408360422Cadillac GT499new395351new415375423Beijing U5 (ex-Senova D50)96n/a497111n/a478488424Jaguar E-Pace94n/a421263n/a431529425MG 689– 86.6%417266– 83.7%430435426JAC QX PHEV88new438215new446483427Denza N885new396332new417472428VW Touran84+ 25.4%448197+ 99.0%450540429Maxus Dajia 684new52585new482619430Hycan A0682– 48.1%373445+ 99.6%396524431Kia Carnival77+ 45.3%424243+ 150.5%439485432Venucia Star75– 72.5%474126– 76.3%470432433Bestune T5574– 80.6%313740– 2.8%354311434Ora Ballet Cat74– 42.2%415255+ 34.2%436463435Polestar 474new412260new434 –436JAC EV373n/a344573n/a374291437Hycan V0971new409263new432537438Peugeot 500870– 71.2%465137– 68.3%468408439BMW 1 Series69– 94.1%428228– 89.8%442256440Buick Envista68– 76.2%425231– 71.5%441461441Chevrolet Menlo67– 86.5%453169– 69.5%457379442Kia K567– 62.8%445182– 51.3%453446443Arcfox αT565new343568new378531444NIO ES764– 93.2%460141– 92.6%467366445Hyundai Sonata64– 72.9%430215– 61.5%447453446Haval Chitu62– 89.4%468121– 91.1%475394447Hyundai La Festa62– 83.9%452168– 80.2%458442448Honda Crider61– 94.1%443176– 93.6%454295449BYD Song MAX61– 93.9%429217– 85.5%444429450Hongqi HQ961– 93.4%408259– 85.7%435314451Cadillac Lyriq60– 76.2%413245– 66.8%438427452BYD D160n/a447174n/a455549453Bestune T9958– 19.4%463128– 21.5%469521454Wuling Nano EV56new –56new493 –455Audi e-Tron50+ 138.1%406250+ 594.4%437526456Maxus G9049– 66.4%450159– 19.7%461495457Hongqi EH748new –48new499 –458Ford Mustang Mach E45– 46.4%472101+ 14.8%480480459Kia Pegas45– 16.7%367425+ 431.3%400513460Skoda Octavia43– 89.0%459122– 84.9%474424461JMEV Yi42– 72.4%337569– 39.0%376434462Peugeot 400842– 69.1%390316– 54.9%423352463Maxus Dajia 541new426204new449 –464JAC A5 Plus41new48178new486208465Chevrolet Seeker40– 90.7%439166– 79.3%459378466Mazda CX-3038– 89.9%449149– 81.0%463459467Infiniti QX6038– 17.4%422205+ 93.4%448507468Ford Tourneo36– 33.3%455126+ 24.8%471471469Arcfox Kaola34new454126new472348470Honda e:NP133– 25.0%49156– 61.6%494406471Hyundai Santa Fe27– 83.1%444142– 97.4%464338472Kaiyi Xuandu26– 98.6%47083– 98.0%484310473Xpeng G326– 97.0%46298– 93.1%481391474Chevrolet Tracker24– 91.3%48260– 90.2%492414475Infiniti QX5024– 83.0%48851– 78.9%497489476Maxus D90/Pro24– 52.0%47573+ 7.4%488556477Aion LX24+ 84.6%46981+ 326.3%485559478ChangAn CS9523– 95.3%49441– 95.3%502501479Bestune B70S21– 74.7%48648– 72.3%500535480Beijing BJ21220n/a434162n/a460508481HiPhi Y20new436156new462412482BAW Jiabao20n/a –20n/a513560483Livan 919– 74.3%440142– 64.0%465530484Beijing BJ8017– 50.0%50920– 41.2%514565485Bestune M916new418192new451546486BMW i516new50421new512487Dongfeng Fengxing Yacht15– 96.1%357437– 36.3%399409488Buick Electra E414new46675new487445489Arcfox αS13– 94.5%47661– 85.5%491266490Dongfeng Fengon S56012– 98.0%379330– 74.8%419415491Haval Shenshou11– 97.4%48937– 97.7%504369492Roewe RX911new49332new507492493Arcfox αT10– 94.9%46769– 83.3%490365494Volvo C4010– 73.7%47853– 49.5%496457495HiPhi Z10new46185new483564496HiPhi X10new49231new508582497Arcfox αS59new49624new511 –498Sehol E10X7– 98.4%50015– 97.6%517482499WEY Latte6– 99.3%49916– 99.1%515419500Karry K606– 57.1%48537– 76.6%505544501DS 94– 84.6% –4– 88.2%522575502Maxus D604– 55.6%49028+ 100.0%509569503Dongfeng Fengon E34+ 0.0%47751+ 1175.0%498496504Beijing Warrior4n/a46472new489532505Hongqi H73– 99.0%48339– 92.5%503428506Dongfeng Fengon iX73– 40.0%5194– 71.4%523568507VW Phideon2– 98.9% –2– 99.3%527439508Hyundai ix351– 100.0%49813– 99.8%518204509Peugeot 20081– 99.6%389289– 62.2%425426510Baojun 5101– 98.8% –1– 99.5%531572511Bestune E011n/a –1+ 0.0%532620512Roewe D5X1new –1new533 –

Source: CAAM