Automakers' Share in China's NEV Market in Feb: BYD tops with 30.6%, Tesla 3rd with 7.8%

China's NEV Market Rankings for January-February:

• BYD (HKG: 1211, OTCMKTS: BYDDY) maintained its lead with a 30.8 percent share.
• Geely Auto secured the second position with a 43.9 percent YoY increase, claiming an 8.1 percent share.
• Tesla (NASDAQ: TSLA) took the third spot with a 7.8 percent share, experiencing an 11.1 percent YoY decrease.
• Li Auto (NASDAQ: LI) ranked seventh with a 5.2 percent share in February.
• Nio (NYSE: NIO) held the tenth position with a 2.1 percent share, aligning with Tesla in exclusively producing BEVs.

January-February Overview:

• BYD remained at the forefront with 325,706 retail sales and a 30.8 percent share.
• Geely Auto continued its upward trajectory with 31,364 NEV sales, securing an 8.1 percent share.
• Tesla maintained the fourth position in China's NEV market for January-February, boasting 70,022 retail sales and a 6.6 percent share.
• In the overall passenger car market, BYD dominated with a 10.8 percent share in February and a 10.4 percent share for January-February.
• FAW-Volkswagen and Geely claimed the second and third positions in February's overall passenger car market, with 8.4 percent and 7.9 percent shares, respectively.
• Changan secured the second spot in the overall passenger car market for January-February, with 281,054 retail sales and an 8.9 percent share.
• Geely held the third position in the overall passenger car market for January-February, boasting an 8.7 percent share.