Stock Groups

Tesla Xpeng Nio BYD are best-selling electric cars in 2021


A Tesla salesperson talks to a customer (L) as they ride in a Tesla Model Y vehicle at a Tesla showroom near Beijing, January 5, 2021.

Wang Zhao | AFP | Getty Images

BEIJING — TeslaAccording to industry data, the best-selling models of electric cars in China occupied two of the three top spots.

This is a significant advantage over start-up competitors like XpengAnd NioAccording to China Passenger Car Association data, Wednesday’s figure was.

Elon Musk’s automaker sold more than 200,000 electric cars in China during those three quarters — 92,933 Model Ys and 111,751 Model 3s, according to the passenger car association. 

China made up about one fifth of Tesla’s revenues last year. In the beginning of this year, Tesla, a U.S.-based automobile manufacturer, began delivering its Model Y second China-made car. It also offers other services. launched a cheaper version of the car in July.

Tesla’s share price has risen by nearly 15% in this year’s first quarter, but the shares of U.S.-listed Nio have fallen more than 25%. Xpeng lost close to 7% over that period.

According to the latest data, September was still the month with the highest-selling electric car sales in China. budget Hongguang Mini — a tiny vehicle developed by General MotorsJoin forces with Wuling Motors and state-owned SAIC Motor

The Model Y by Tesla was second in China’s top-selling electric vehicle in September. It was followed closely by the Model 3 in China, according to passenger car association data.

Sales of new energy vehicles — a category that includes hybrids and battery-only cars — climbed amid Beijing’s support for the industry. For the fourth consecutive month, September saw a decline in passenger car sales year-on-year.

Chinese company that makes electric cars and batteries BYDThe top five selling new-energy vehicles was the BMW i3, which sold 55% of all the cars, according to passenger car association data.

Xpeng’s sedan P7 ranked 10th while no Nio models made it to the top 15. Nio isn’t on the monthly list anymore since May, when Nio ES6 ranked 15.

Some have been in China’s automotive industry. cast doubt on the accuracy of the association’s figures

CNBC Pro has more information about electric cars

The association has compiled a list of 15 top-selling Chinese new energy vehicles for the three quarters to 2021.

1. Hongguang Mini (SAIC-GM-Wuling)
2. Model 3 (Tesla)
3. Model Y (Tesla)
4. Han (BYD).
5. Qin Plus DM-i (BYD)
6. Li One (Li Auto).
7. BenBen EV (Changan)
8. Aion S (GAC Motor spinoff)
9. eQ
10. Ora Black Cat (Great Wall Motor).
11. 11.
12. Song DM (BYD).
13. Nezha V (Hozon Auto)
14. Clever (SAIC Roewe).
15. Qin Plus EV (BYD)