Summarize：According to the latest statistics released by China Association of Automobile Manufacturers (CAAM), China sold 38,000 units large-, medium-sized buses and light buses, up by 60.9% month on month, down by 27.8% year on year. For the detailed the sales information of large-, medium-sized buses and light buses in March, please refer to Table 1 below.
Table 1. Sales of Large-, Medium-Sized Buses and Light Buses in March
| |
Large-sized buses |
Medium-sized buses |
Light Buses |
Total |
| Mar., 2022 (units) |
5,000 |
2,000 |
31,000 |
38,000 |
| Mar., 2021 (units) |
4,000 |
3,000 |
45,000 |
52,000 |
| Growth (%) |
12.8% |
-24.4% |
-31.7% |
-27.8% |
Table 2. Percentages of Different Energy-Powered Buses in March
| |
Large-sized buses |
Medium-sized buses |
Light Buses |
| Diesel |
47.5% |
43.6% |
53.0% |
| Gasoline |
2.7% |
11.4% |
40.4% |
| New Energy |
49.5% |
44.7% |
6.5% |
| Other |
0.3% |
0.3% |
0.1% |
From January to March this year, China’s sales volume of large- and medium-sized buses and light buses reached 91,000 units, down by 18.7% year on year.
Table 3. Sales of Buses, Trucks and Commercial Vehicles in China
| |
Buses |
Trucks |
Commercial Vehicles |
| Sales in Mar. |
38,000 units |
332,000 units |
370,000 units |
| Growth in Mar. |
-27.8% |
-44.8% |
-43.5% |
| Sales (Jan.-Mar.) |
91,000 units |
873,000 units |
965,000 units |
| Growth (Jan.-Mar.) |
-18.7% |
-32.8% |
-31.7% |
Table 4. Sales of Large-, Medium-Sized Buses and Light Buses (Jan.-Mar.)
| |
Large-sized buses |
Medium-sized buses |
Light Buses |
Total |
| 2022 (units) |
9,700 |
6,400 |
76,000 |
91,000 |
| 2021 (units) |
7,995 |
7,689 |
97,000 |
112,000 |
| Growth (%) |
21.3% |
-16.76% |
-21.6% |
-18.7% |
Table 5. Percentages of Different Energy-Powered Buses (Jan.-Mar.)
| |
Large-sized buses |
Medium-sized buses |
Light Buses |
| Diesel |
47.1% |
43.6% |
53.2% |
| Gasoline |
2.6% |
11.1% |
40.5% |
| New Energy |
49.9% |
45.1% |
6.2% |
| Other |
0.4% |
0.2% |
0.1% |
Table 6. Top Five Provincial-Level Large-sized Bus Market in China (Jan.-Mar.)
| Ranking |
Province |
Market Share |
Up/Down |
| 1 |
Jiangsu |
8.2% |
-0.2 |
| 2 |
Guangdong |
7.9% |
0.1 |
| 3 |
Shandong |
7.8% |
0.0 |
| 4 |
Henan |
7.1% |
-0.5 |
| 5 |
Zhejiang |
6.7% |
0.1 |
| |
Total of Top 5 |
37.7% |
-0.5 |
Table 7. Top Five Provincial-Level Medium-sized Bus Market in China (Jan.-Mar.)
| Ranking |
Province |
Market Share |
Up/Down |
| 1 |
Henan |
8.0% |
-0.1 |
| 2 |
Guangdong |
7.8% |
0.1 |
| 3 |
Shandong |
7.7% |
-0.2 |
| 4 |
Jiangsu |
7.5% |
-0.1 |
| 5 |
Hunan |
7.1% |
0.2 |
| |
Total of Top 5 |
38.1% |
-0.1 |
Table 8. Top Five Provincial-Level Light Bus Market in China (Jan.-Mar.)
| Ranking |
Province |
Market Share |
Up/Down |
| 1 |
Guangdong |
8.2% |
-0.1 |
| 2 |
Jiangsu |
7.5% |
-0.1 |
| 3 |
Shandong |
7.0% |
0.1 |
| 4 |
Zhejiang |
6.4% |
0.0 |
| 5 |
Sichuan |
6.1% |
0.2 |
| |
Total of Top 5 |
35.2% |
0.3 |
