HomeWorld NewsTesla Xpeng Nio BYD are best-selling electric cars in 2021

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

A Tesla salesperson (L) speaks to a customer as they sit in a Tesla Mannequin Y automobile at a Tesla showroom in Beijing on January 5, 2021.

Wang Zhao | AFP | Getty Photographs

BEIJING — Tesla took two of the highest three spots for best-selling electrical automobile fashions in China, business knowledge for the primary three quarters of the 12 months confirmed.

That is nicely forward of start-up rivals like Xpeng and Nio, in accordance with knowledge launched by China Passenger Automobile Affiliation on Wednesday.

This is the affiliation’s record of the 15 best-selling new power automobiles in China for the primary three quarters of 2021:

1. Hongguang Mini (SAIC-GM-Wuling)
2. Mannequin 3 (Tesla)
3. Mannequin 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 spin-off)
9. eQ (Chery)
10. Ora Black Cat (Nice Wall Motor)
11. P7 (Xpeng)
12. Music DM (BYD)
13. Nezha V (Hozon Auto)
14. Intelligent (SAIC Roewe)
15. Qin Plus EV (BYD)

Elon Musk’s automaker offered greater than 200,000 electrical automobiles in China throughout these three quarters — 92,933 Mannequin Ys and 111,751 Mannequin 3s, in accordance with the passenger automobile affiliation. 

China accounted for about one-fifth of Tesla’s income final 12 months. The U.S.-based automaker started delivering its second China-made car, the Mannequin Y, early this 12 months. The corporate additionally launched a less expensive model of the automobile in July.

Tesla’s shares are up almost 15% to this point this 12 months, whereas the U.S.-listed shares of Nio are down greater than 25% and Xpeng’s misplaced almost 7% throughout that point.

On a month-to-month foundation, the information confirmed the best-selling electrical automobile in China in September remained the price range Hongguang Mini — a tiny car developed by Normal Motors’ three way partnership with Wuling Motors and state-owned SAIC Motor.

Tesla’s Mannequin Y was the second best-selling electrical automobile in China in September, adopted by the older Tesla Mannequin 3, the passenger automobile affiliation knowledge confirmed.

Gross sales of latest power automobiles — a class that features hybrids and battery-only automobiles — climbed amid Beijing’s assist for the business. Nevertheless, passenger automobile gross sales general slumped year-on-year for a fourth-straight month in September.

Learn extra about electrical automobiles from CNBC Professional

Chinese language battery and electrical automobile firm BYD dominated the brand new power car best-sellers’ record in September, accounting for 5 of the highest 15 automobiles offered, the passenger automobile affiliation knowledge confirmed.

Xpeng’s P7 sedan ranked tenth, whereas none of Nio’s fashions made the highest 15 record. In truth, Nio hasn’t been on that month-to-month record since Might, when the Nio ES6 ranked fifteenth.

Some in China’s auto business have solid doubt on the accuracy of the affiliation’s figures.

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