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 |
