- According to the China Passenger Car Association, the budget electric car Hongguang Mini was the best-selling electric car in China last year.
- The top selling vehicles in the new energy vehicle category are dominated by more expensive Tesla and BYD cars, which include battery-powered and hybrid cars.
- A relatively newcomer to the market, the low-priced, fully electric Nezha V SUV took 15th place, pushing the three more expensive Nio models even further down in the sales rankings.
BEIJING — Tesla and BYD remain market leaders in China’s electric car market in 2021, according to the China Passenger Car Association, while new competitors emerged against smaller rivals such as NIO.
The budget electric car Hongguang Mini has retained the top-selling position, the association’s data showed on Thursday.
But the top vehicles sold in the new energy vehicle category are dominated by more expensive Tesla and BYD cars, which include battery-powered and hybrid cars.
Here is a list of the top 15 best-selling new energy passenger cars, including SUVs, in China for 2021:
1. Hongguan Mini (SAIC-GM-Wuling)
2. Kin (BYD)
3. Model Y (Tesla)
4. Model 3 (Tesla)
5. Han (BYD)
6. Song (World)
7. Lee One
8. EQ (Cherry)
9. Benben EV (Chang’an)
10. Ion S (GAC Motor Spin-off)
11. Ora Black Cat (Great Wall Motor)
12. P7 (Xpeng)
13. Tang (World)
14. Ora Good Cat (Great Wall Motor)
15. Nezha V (Hozon Auto)
Three BYD models ranked in the top 10, with the BYD Qin sedan reaching sales of 187,227 units — and outselling all Tesla models.
Behind the BYD Qin was Tesla’s Model Y, which was launched in China last year and reached the top of the high-end new energy SUV category with sales of 169,853 units in 2021, according to the association.
Tesla’s Model 3 came next, selling 150,890 units last year, up nearly 10% from 2020, data showed.
Some in China’s auto industry have cast doubt on the accuracy of the association’s figures. But the numbers may reflect broader trends.
Li Auto’s hybrid Li One made it to the top 10 list of new energy passenger cars, while Xpeng’s P7 sedan made the top 15.
A relatively newcomer to the market, the low-priced, fully electric Nezha V SUV took 15th place, pushing the three more expensive Nio models even further down the sales ranking.
Neza is a brand under start-up Hozon Auto, and closed a 4 billion yuan ($625 million) funding round in the fourth quarter. Prices of the Nezha V start at 62,900 Yuan ($9,722) after subsidies. In comparison, the ES6 SUV from Nio starts at 346,660 yuan after subsidies.
Competition in China’s electric vehicle market is set to heat up further this year, with the Huawei-co-developed Eto M5 set to begin deliveries next month and two Nio sedans arriving later.
Sales of new energy vehicles have risen sharply over the past several months due to a decline in China’s consumer spending, while overall passenger car sales have declined.
According to the association’s statistics, last year China sold about 3 million new energy passenger cars, accounting for 14.8% of the 20.15 million passenger cars sold overall.
This ratio is growing closer to Beijing’s goal that new energy vehicles make up 20% of new cars sold by 2025.