Forex

Here’s the full list of the best-selling electric cars in China for 2021

A Neta (Nezha) V electrical automotive is on show on the Hozon Auto stand throughout an auto present in Tianjin, China, on Oct. 4, 2021.

VCG | Visible China Group | Getty Pictures

BEIJING — Tesla and BYD remained by far the market leaders in China’s electrical automotive market in 2021, whereas new opponents emerged in opposition to smaller rivals like Nio, in line with the China Passenger Automobile Affiliation.

Budget electric car Hongguang Mini retained the best-selling spot — greater than tripling gross sales final 12 months to 395,451 items, the affiliation knowledge confirmed Thursday.

However costlier automobiles from Tesla and BYD dominated the highest autos bought within the new vitality automobile class, which incorporates battery-powered and hybrid automobiles.

This is the checklist of prime 15 best-selling new vitality passenger automobiles, together with SUVs, in China for 2021:

1. Hongguan Mini (SAIC-GM-Wuling)
2. Qin (BYD)
3. Mannequin Y (Tesla)
4. Mannequin 3 (Tesla)
5. Han (BYD)
6. Track (BYD)
7. Li One (Li Auto)
8. eQ (Chery)
9. Benben EV (Changan)
10. Aion S (GAC Motor spin-off)
11. Ora Black Cat (Nice Wall Motor)
12. P7 (Xpeng)
13. Tang (BYD)
14. Ora Good Cat (Nice Wall Motor)
15. Nezha V (Hozon Auto)

Three BYD fashions ranked among the many prime 10, with the BYD Qin sedan reaching gross sales of 187,227 items — and outselling all Tesla fashions.

Shut behind the BYD Qin was Tesla’s Mannequin Y, which launched in China final 12 months and leaped to the highest of the high-end new vitality SUV class with 169,853 items bought in 2021, in line with the affiliation.

Tesla’s Mannequin 3 got here subsequent, with 150,890 items bought final 12 months, up practically 10% from 2020, the info confirmed.

Some in China’s auto business have cast doubt on the accuracy of the association’s figures. However the numbers can replicate broader developments.

Li Auto‘s hybrid Li One made the highest 10 checklist of recent vitality passenger automobiles, whereas Xpeng‘s P7 sedan made the highest 15.

A comparatively newcomer to the market, the low-priced, totally electrical Nezha V SUV took fifteenth place, and pushed three far costlier Nio fashions even decrease within the gross sales rankings.

Nezha is a model below start-up Hozon Auto, and closed a 4 billion yuan ($625 million) funding spherical within the fourth quarter. Costs for the Nezha V begin at 62,900 yuan ($9,722) after subsidies. Compared, Nio’s ES6 SUV begins at 346,660 yuan after subsidies.

Learn extra about electrical autos from CNBC Professional

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