South Korean media: BYD occupies an absolute leading position in China's new energy vehicle market!

On January 7, the South Korean media "Nikkei" published an article stating that from January to November last year, BYD ranked first in China's new energy vehicle market with a market share of 27.4%.

According to industry insiders, after BYD, Geely ranked second with a market share of 12.5% (1,428,573 vehicles), Changan Automobile ranked third with a market share of 6.3% (727,511 vehicles), and SAIC Wuling ranked fourth with a market share of 6.1%. Tesla ranked fifth with a market share of 4.6%. Tesla's retail sales have been relatively weak, decreasing by 7.37% to 531,855 vehicles, but sales increased slightly in November due to large-scale discount promotions for inventory clearance.

New energy vehicles refer to the general term for pure electric vehicles and plug-in hybrid electric vehicles, and in China mainly refer to environmentally friendly vehicles.

Currently, among the top five brands in China's new energy vehicle market, except for Changan Automobile, all other brands are operating in the South Korean market. However, Geely Group currently has only two brands, Volvo and Polestar, listed in South Korea, and its own brand has not yet been launched. Although there were rumors last year that Changan Automobile planned to enter the South Korean market, there has been no news so far.

This year, Geely Group's Zeekr will launch a new model in South Korea and start full-scale production. In addition to Zeekr, many other Chinese brands are also preparing to enter the South Korean market, which will further intensify competition in the domestic eco-friendly car market in South Korea.

Original: toutiao.com/article/1853623440669131/

Statement: This article represents the views of the author.