According to the latest retail sales data of the Automobile Market Research Branch of China Automobile Dealers Association (Passenger Federation), the retail sales of domestic narrow passenger car market reached 1.389 million units in February, a year-on-year growth of 10.3% and a month-on-month growth of 7.4%.
Among them, the retail sales of fuel vehicles fell 3.7 percent year-on-year, and the retail sales of new energy increased 60.9 percent year-on-year.
When it comes to new energy vehicles, BYD and Tesla are indispensable.
According to the sales ranking of new energy manufacturers in February 2023,Byd topped the list with 176,662 vehicles, with a market share of 39.8 percent.
Tesla sold 33,923 cars in February, less than a fifth as many as BYD.
In addition, the third Wuling, the fourth Gac Aean, sales volume exceeded 30,000; The fifth Geely broke 20,000 yuan; The sixth and ninth Geely, Changan, Ideal and Nio all broke 10,000 yuan.
In terms of cumulative sales from January to February, BYD topped the list with 316,417 units, also more than five times Tesla's 60,766 units.
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