Summarize：According to the latest statistics, China sold 3,910 units medium- and large-sized buses (six-meter in length and above) in September, up by 26.29% month on month, but down by 36.12% year on year. In comparison, China’s total sales volume of medium- and large-sized buses stood at 8,773 units, down by 2.94% year on year. Due to the withdrawal of subsidies for new energy vehicles and the restructuring of the strategic restructuring of China’s economy, the demand for new energy buses remains flat. For the detailed information of the top ten players in the market, please refer to Table 1 below.
Table 1 Top 10 Players in China’s New Energy Bus Market in September
| |
Sales Volume |
Y/Y Growth |
M/M Growth |
Market Share |
| Yutong |
690 |
-24.18% |
1.17% |
17.65% |
| Geely |
499 |
175.69% |
202.42% |
12.76% |
| BYD |
482 |
122.12% |
298.35% |
12.33% |
| Golden Dragon |
342 |
-2.84% |
29.55% |
8.75% |
| Higer |
332 |
-39.64% |
6.75% |
8.49% |
| Sunwin |
323 |
-27.58% |
60.70% |
8.26% |
| Zhongtong |
232 |
-37.3% |
69.34% |
5.93% |
| Foton AUV |
186 |
-64.57% |
84.16% |
4.76% |
| King Long |
172 |
-61.69% |
-55.67% |
4.40% |
| Ankai |
168 |
26.32% |
29.23% |
4.30% |
From January to September this year, China’s total sales volume of new energy buses stood at 25,404 units, down by 34.12% year on year. In comparison, China’s total sales volume of medium- and large-sized buses reached 65,371 units, up by 20.48% year on year. For the detailed information of the top ten players in China’s bus market, please refer to Table 2 below.
Table 2 Top 10 Players in China’s New Energy Bus Market from Jan. to Sept.
| |
Sales Volume |
Y/Y Growth |
Market Share |
| Yutong |
4,323 |
-28.18% |
17.02% |
| BYD |
2,808 |
-29.09% |
11.05% |
| Golden Dragon |
2,594 |
11.47% |
10.21% |
| Foton AUV |
2,481 |
0.61% |
9.77% |
| King Long |
2,031 |
5.73% |
7.99% |
| Higer |
1,747 |
-25.88% |
6.88% |
| CRRC Electric |
1,624 |
-23.32% |
6.39% |
| Geely |
1,573 |
244.20% |
6.19% |
| Zhongtong |
1,122 |
-54.3% |
4.42% |
| Sunwin |
1,067 |
-4.90% |
4.20% |
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