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 | Visual China Group | Getty Images
BEIJING — Tesla and BYD remained by far the market leaders in China’s electrical automotive market in 2021, whereas new rivals emerged in opposition to smaller rivals like Nio, in response to the China Passenger Car Association.
Budget electrical automotive Hongguang Mini retained the best-selling spot — greater than tripling gross sales final 12 months to 395,451 items, the affiliation information confirmed Thursday.
But dearer vehicles from Tesla and BYD dominated the highest automobiles bought within the new power automobile class, which incorporates battery-powered and hybrid vehicles.
Here’s the checklist of prime 15 best-selling new power passenger vehicles, together with SUVs, in China for 2021:
1. Hongguan Mini (SAIC-GM-Wuling)
2. Qin (BYD)
3. Model Y (Tesla)
4. Model 3 (Tesla)
5. Han (BYD)
6. Song (BYD)
7. Li One (Li Auto)
8. eQ (Chery)
9. Benben EV (Changan)
10. Aion S (GAC Motor spin-off)
11. Ora Black Cat (Great Wall Motor)
12. P7 (Xpeng)
13. Tang (BYD)
14. Ora Good Cat (Great 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.
Close behind the BYD Qin was Tesla’s Model Y, which launched in China final 12 months and leaped to the highest of the high-end new power SUV class with 169,853 items bought in 2021, in response to the affiliation.
Tesla’s Model 3 got here subsequent, with 150,890 items bought final 12 months, up almost 10% from 2020, the info confirmed.
Some in China’s auto trade have solid doubt on the accuracy of the affiliation’s figures. But the numbers can replicate broader developments.
Li Auto’s hybrid Li One made the highest 10 checklist of latest power passenger vehicles, whereas Xpeng’s P7 sedan made the highest 15.
A comparatively newcomer to the market, the low-priced, absolutely electrical Nezha V SUV took fifteenth place, and pushed three far dearer Nio fashions even decrease within the gross sales rankings.
Nezha is a model underneath start-up Hozon Auto, and closed a 4 billion yuan ($625 million) funding spherical within the fourth quarter. Prices for the Nezha V begin at 62,900 yuan ($9,722) after subsidies. In comparability, Nio’s ES6 SUV begins at 346,660 yuan after subsidies.
Read extra about electrical automobiles from CNBC Pro