China NEV Market Share in September
BYD leads with 26.7% market share, while Tesla ranks 5th with 5.5%.
According to the China Passenger Car Association (CPCA), BYD's passenger NEV retail sales totaled 347,353 units in September, down 10.2% year-on-year but up 12.0% month-on-month.
Tesla's retail sales in China totaled 71,525 units in August, marking a 0.9% year-on-year decline but a 25.1% increase from July.
BYD maintained its top position with a 26.7% market share in September, down from 27.8% in August.
- BYD's market share: 26.7%
- Tesla's market share: 5.5%
Author summary: BYD leads China's NEV market with 26.7% share.