Summarize：According to the latest statistics, China sold 6,381 units medium- and large-sized buses (above 7-meter in length) in August, down by 21.97% year on year, up by 11.8% against that in July. The data show that the market was slowly recovering. For the detailed information, please refer to Table 1 below.
Table 1 Bus Sales of Major Brands in August
| Ranking |
Brand |
Sales (U) |
Growth Rate (Y) |
Growth Rate (M) |
Market Share |
| 1 |
Yutong |
2,938 |
-26.29% |
49.29% |
46.04% |
| 2 |
Higer |
815 |
186.97% |
48.18% |
12.77% |
| 3 |
BYD |
524 |
-46.96% |
333.06% |
8.21% |
| 4 |
Golden Dragon |
477 |
53.38% |
58.47% |
7.48% |
| 5 |
King Long |
355 |
-30.12% |
23.26% |
5.56% |
| 6 |
Zhongtong |
355 |
-34.38% |
-32.38 |
5.56% |
| 7 |
Foton AUV |
208 |
23.08% |
-41.41% |
3.26% |
| 8 |
Ankai |
147 |
67.05% |
-5.77% |
2.30% |
| 9 |
CRRC Electric |
100 |
-8.26% |
-76.58% |
1.57% |
| 10 |
Shangrao Bus |
65 |
-59.88% |
-44.92% |
1.02% |
It is revealed that the combined sales of the top ten players accounted for 93.77% of the industry’s total sales volume.
From January to August, China’s total sales volume of buses reached 51,873 units, down by 3.36% year on year. For the detailed information, please refer to Table 2 below.
Table 2 Bus Sales of Major Brands from January to August
| Ranking |
Brand |
Sales in 2021 |
Sales in 2020 |
Growth Rate (Y) |
| 1 |
Yutong |
21,342 |
18,600 |
14.74% |
| 2 |
Higer |
4,653 |
3,103 |
49.95% |
| 3 |
King Long |
3,793 |
4,218 |
-10.08% |
| 4 |
Zhongtong |
3,240 |
5,502 |
-41.11% |
| 5 |
BYD |
2,865 |
4,677 |
-38.74% |
| 6 |
Golden Dragon |
2,831 |
2,482 |
14.06% |
| 7 |
CRRC Electric |
2,028 |
1,716 |
18.18% |
| 8 |
Foton AUV |
1,645 |
3,174 |
-42.18% |
| 9 |
Yinlong |
1,418 |
527 |
169.07% |
| 10 |
Ankai |
1,335 |
1,647 |
-18.94% |
The market share of the top ten players in the market witnessed some changes. For the detailed information, please refer to Table 3 below. From the table, it is clear that the combined market share of the top ten players in the market moved upward slightly by two percentage points, from 85.03% from January to August in 2020 to 87.03% in the same period this year.
Table 3 Market Shares of Top Ten Brands from January to August
| Ranking |
Brand |
2021 |
2020 |
Change |
| 1 |
Yutong |
41.14% |
34.65% |
6.49 |
| 2 |
Higer |
8.97% |
5.78% |
3.19 |
| 3 |
King Long |
7.31% |
7.86% |
-0.55 |
| 4 |
Zhongtong |
6.25% |
10.25% |
-4.0% |
| 5 |
BYD |
5.52% |
8.71% |
-3.19% |
| 6 |
Golden Dragon |
5.46% |
4.62% |
0.84% |
| 7 |
CRRC Electric |
3.91% |
2.20% |
0.71% |
| 8 |
Foton AUV |
3.17% |
5.91% |
-2.74% |
| 9 |
Yinlong |
2.73% |
0.98% |
1.75% |
| 10 |
Ankai |
2.57% |
3.07 |
-0.50% |
