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Position:analyst > analysis > China Sold 24,999 Units Medium- and Large-sized New Energy Buses from January to September

China Sold 24,999 Units Medium- and Large-sized New Energy Buses from January to September

2021-10-19    Source：www.chinabuses.org
Summarize：

According to the latest statistics, China sold 3,036 units medium- and large-sized new energy buses (measuring 7-meter in length and above) in September, down by 47.61% year on year and up by 17.14% month on month. In the same month, China sold 6,362 units medium- and large-sized buses, down by 26.06% year on year. The detailed information of the top ten players in China’s new energy bus market is shown in Table 1.

Table 1. Top Ten Players in China’s New Energy Bus Market in September

Ranking Bus Brand Sales in Sept. Y/Y Growth M/M Growth Market Share
1 Yutong 764 -45.1% 16.4% 25.2%
2 BYD 481 -53.4% -8.2% 15.8%
3 Yinlong 332 238.8% 1647.4% 10.9%
4 Higer 307 10.4% -12.8% 10.1%
5 Foton AUV 239 206.4% --- 7.9%
6 King Long 176 -14.6% 36.4% 5.8%
7 Zhongtong 160 -54.7% -20.8% 5.3%
8 CRRC Electric 150 -86.7% 50.0% 4.9%
9 Asiastar 119 25.3% 2280.0% 3.9%
10 FAW Jiefang 52 --- 5100.0% 1.7%

From January to September this year, China sold 24,999 units medium- and large-sized new energy buses (measuring 7-meter in length and above), down by 22.21% year on year. In the same period, China sold 57,598 units medium- and large-sized buses, down by 6.09% year on year. The detailed information of the top ten players in China’s new energy bus market in the first three quarters is shown below in Table 2.

Table 2. Top Ten Players in China’s New Energy Bus Market from January to September

Ranking Bus Brand Sales (Jan.-Sept., 2021) Sales (Jan.-Sept., 2020) Growth Rate
1 Yutong 6,087 8,051 -24.39%
2 BYD 3,346 5,708 -41.38%
3 CRRC Electric 2,095 2,732 -23.32%
4 Yinlong 1,750 625 180.00%
5 Higer 1,719 1,498 14.75%
6 Zhongtong 1,596 2,525 -34.80%
7 King Long 1,509 1,319 14.40%
8 Skywell 1,268 849 49.35%
9 Foton AUV 847 1,850 -54.22%
10 Asiastar 700 688 16.86%

Also in the first three quarters this year, Yutong, with a market share of 24.35% in China’s new energy medium- and large-sized bus market, ranked the first place. The detailed information of the top ten players in China’s new energy bus market in the first three quarters is shown below in Table 3.

Table 3. Market Shares of Top Ten Players in China’s New Energy Bus Market

Ranking Bus Brand Market Share, 2021) Market Share, 2020) Up/Down
1 Yutong 24.35% 25.05% -0.7
2 BYD 13.38% 17.8% -3.62
3 CRRC Electric 8.38% 8.5% -0.12
4 Yinlong 7.00% 1.94% 5.06
5 Higer 6.88% 4.66% 2.22
6 Zhongtong 6.38% 7.86% -1.48
7 King Long 6.04% 4.1% 1.94
8 Skywell 5.07% 2.64% 2.43
9 Foton AUV 3.39% 5.76% -2.37
10 Asiastar 2.80% 2.14% 0.66

 

Editor：Isabella

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