Summarize:According to the latest statistics, China sold 1,043 units new energy road coaches (≥ 5 meters in length) in February, up by 13.7% month on month and up by 87.3% year on year. In comparison, the overall new energy bus market grew by 10.1% year on year and the road coach market (≥ 5 meters in length) rose by 17.0% year on year in February.
From January to February, China sold 1,959 units new energy road coaches, up by 67.9% year on year. In sharp contrast, the overall new energy bus sales went down by 21.3% year on year. For detailed information, please refer to Table 1 below.
Table 1
|
new energy road coach |
new energy city bus |
total |
Feb., 2023 |
1,043 |
1,237 |
2,280 |
Feb., 2022 |
557 |
1,980 |
2,537 |
Growth |
87.3% |
-37.5% |
-10.1% |
Jan.-Feb., 2023 |
1,959 |
2,287 |
4,246 |
Jan.-Feb., 2022 |
1,167 |
4,231 |
5,398 |
Growth |
67.9% |
-45.9% |
-21.3% |
In addition, new energy road coach sales already accounted for over half of the overall coach market. For detailed information, please refer to Table 2 below.
Table 2
|
Sales of New Energy road coach |
Overall Sales of Road coach |
Percentage |
Feb., 2023 |
1,043 |
1,896 |
55.0% |
Feb., 2022 |
557 |
1,620 |
34.4% |
Growth |
87.3% |
17.0% |
Up 20.6 percentage point |
Jan.-Feb., 2023 |
1,959 |
3,914 |
50.05% |
Jan.-Feb., 2022 |
1,167 |
4,920 |
23.7% |
Growth |
67.9% |
-20.4% |
Up 26.35 percentage point |
Thirdly, Foton AUV was the biggest winner in the new energy coach market in the first two months this year. For detailed information, please refer to Table 3 below.
Table 3
Ranking in Jan.-Feb. |
Brand |
Jan-Feb., 2023 |
Percentage |
Feb., 2023 |
Percentage |
Ranking in Feb. |
1 |
Foton AUV |
1,331 |
67.9% |
914 |
87.6% |
1 |
2 |
Asiastar |
127 |
6.5% |
16 |
1.5% |
5 |
3 |
Golden Dragon |
115 |
5.9% |
26 |
2.5% |
3 |
4 |
Higer |
108 |
5.5% |
31 |
3.0% |
2 |
5 |
JMC Jinma |
83 |
4.2% |
16 |
1.5% |
5 |
6 |
Zhongtong |
79 |
4.0% |
5 |
0.5% |
8 |
7 |
Yutong |
56 |
2.9% |
22 |
2.1% |
4 |
8 |
Ankai |
29 |
1.5% |
13 |
1.2% |
7 |
9 |
Nanjing King Long |
25 |
1.3% |
0 |
0.0% |
10 |
10 |
King Long |
6 |
0.3% |
0 |
0.0% |
10 |
Fourthly, Guangdong, Jiangsu and Shandong were the top three destinations of China’s new road coaches in the first two months. Plus Shanghai and Hainan, they accounted for more than half of the overall road coach sales in China. For detailed information, please refer to Table 4 below.
Table 4
Ranking |
Destination |
Jan.-Feb., 2023 |
Percentage |
Major cities |
1 |
Guangdong |
272 |
15.3% |
Shenzhen (87); Guangzhou (79); Dongguan (59); Huizhou (22); other cities (25) |
2 |
Jiangsu |
217 |
12.2% |
Nanjing (49); Suzhou (47); Nantong (45); Yangzhou (30); Wuxi (29); other cities (17) |
3 |
Shandong |
197 |
11.1% |
Qingdao (50); Jinan (38); Yantai (29); Weifang (28); Rizhao (19); Weihai (12); other cities (21) |
4 |
Shanghai |
177 |
9.95% |
Huangpu Dist. (55); Minhang Dist. (51); Jiading Dist. (29); Zhabei Dist. (25); other Dist. (17) |
5 |
Hainan |
145 |
8.2% |
Sanya (55); Haikou (52); other cities (38) |
|
Top 5 in total |
1,008 |
56.7% |
|
|
Overall Sales |
1,778 |
100.0% |
|