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Position:analyst > analysis > China Sold 3,905 Units Buses (≥5 meters in length) in February

China Sold 3,905 Units Buses (≥5 meters in length) in February

2023-04-04    Source:www.chinabuses.org
Summarize:

According to the latest statistics, China sold 3,905 units buses (≥5 meters in length) in February, down by 1.9% year on year. More specifically, the country sold 1,896 units road coaches, up by 17% year on year and accounting for 47.8% of the total monthly sales; it sold 1,892 units city buses, down by 11.2% year on year and accounting for 47.7% of the total monthly sales; it sold 177 units school buses, down by 39% year on year and accounting for 4.5% of the total monthly sales. For the detailed information, please refer to Table 1 below.

Table 1

  City buses Road coaches School buses Total
Feb., 2023 (unit) 1,892 1,896 177 3,965
Jan., 2023 (unit) 1,626 2,018 399 4,043
M/M Growth 16.36% -6.05% -55.6% -1.93%
Feb., 2022 (unit) 2,131 1,620 290 4,041
Y/Y Growth -11.2% 17.0% -39.0% -1.90%

In February, Higer was the biggest winner in the road coach market with its monthly sales jumping by 206.9% year on year; Golden Dragon claimed the championship in terms of the sales growth in city bus market, up by 664.9% year on year; Zhongtong’s school bus sales exploded by a whopping 1,180% year on year, witnessing the fastest growth in the market.

Also in February, Jiangsu was the top destination for road coaches with the sales in the province accounting for 10.2% of China’s total; Zhejiang came the first as the destination of city buses with the sales in the province accounting for 9.9% of China’s total; Guangxi claimed the champion in the sales of school buses with the sales in the autonomous region accounting for 9.0% of China’s total.

For the detailed information of the percentage of the three types of buses powered by diesel, gasoline and new energy, please refer to Table 2 below.

Table 2

  Road coaches City buses School buses
Diesel 81.0% 20.5% 61.0%
Gasoline 8.0% 9.0% 39.0%
New Energy 11.0% 70.5% 0.00

From January to February this year, China sold 8,008 units buses (≥5 meters in length), down by 25.5% year on year. More specifically, the country sold 3,914 units road coaches, down by 20.4% year on year; it sold 3,518 units city buses, down by 31.4% year on year; it sold 576 units school buses, down by 17.5% year on year. For the percentage of these different types of buses in the total bus sales in the first two months, please refer to Table 3 below.

Table 3

  City buses Road coaches School buses Total
Jan.-Feb., 2023 47.7% 47.8% 4.5% 100.0%
Jan.-Feb., 2022 52.7% 40.1% 7.2% 100.0%
Up/Down -5.0% 7.7% -2.7% 0.0

 

Editor:Isabella

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