Summarize:According to the latest statistics, China sold 3,905 units buses (≥5 meters in length) in February, down by 1.9% year on year. More specifically, the country sold 1,896 units road coaches, up by 17% year on year and accounting for 47.8% of the total monthly sales; it sold 1,892 units city buses, down by 11.2% year on year and accounting for 47.7% of the total monthly sales; it sold 177 units school buses, down by 39% year on year and accounting for 4.5% of the total monthly sales. For the detailed information, please refer to Table 1 below.
Table 1
|
City buses |
Road coaches |
School buses |
Total |
Feb., 2023 (unit) |
1,892 |
1,896 |
177 |
3,965 |
Jan., 2023 (unit) |
1,626 |
2,018 |
399 |
4,043 |
M/M Growth |
16.36% |
-6.05% |
-55.6% |
-1.93% |
Feb., 2022 (unit) |
2,131 |
1,620 |
290 |
4,041 |
Y/Y Growth |
-11.2% |
17.0% |
-39.0% |
-1.90% |
In February, Higer was the biggest winner in the road coach market with its monthly sales jumping by 206.9% year on year; Golden Dragon claimed the championship in terms of the sales growth in city bus market, up by 664.9% year on year; Zhongtong’s school bus sales exploded by a whopping 1,180% year on year, witnessing the fastest growth in the market.
Also in February, Jiangsu was the top destination for road coaches with the sales in the province accounting for 10.2% of China’s total; Zhejiang came the first as the destination of city buses with the sales in the province accounting for 9.9% of China’s total; Guangxi claimed the champion in the sales of school buses with the sales in the autonomous region accounting for 9.0% of China’s total.
For the detailed information of the percentage of the three types of buses powered by diesel, gasoline and new energy, please refer to Table 2 below.
Table 2
|
Road coaches |
City buses |
School buses |
Diesel |
81.0% |
20.5% |
61.0% |
Gasoline |
8.0% |
9.0% |
39.0% |
New Energy |
11.0% |
70.5% |
0.00 |
From January to February this year, China sold 8,008 units buses (≥5 meters in length), down by 25.5% year on year. More specifically, the country sold 3,914 units road coaches, down by 20.4% year on year; it sold 3,518 units city buses, down by 31.4% year on year; it sold 576 units school buses, down by 17.5% year on year. For the percentage of these different types of buses in the total bus sales in the first two months, please refer to Table 3 below.
Table 3
|
City buses |
Road coaches |
School buses |
Total |
Jan.-Feb., 2023 |
47.7% |
47.8% |
4.5% |
100.0% |
Jan.-Feb., 2022 |
52.7% |
40.1% |
7.2% |
100.0% |
Up/Down |
-5.0% |
7.7% |
-2.7% |
0.0 |