Chinese EV Makers Achieve Record-Breaking Sales as Demand Skyrockets
Tuesday, 1 October 2024, 12:29
Chinese EV Makers Achieve Unprecedented Sales Growth
In September, BYD, Nio, Xpeng, Li Auto, and Leapmotor each set remarkable sales records, benefiting from strategic discounts and the launch of innovative new models. This trend marks a significant increase in EV adoption as more Chinese consumers turn to electric vehicles.
Record Sales in September
- BYD reported 419,426 vehicles sold, a record month-on-month growth of 12.4% and a yearly increase of 45.9%.
- Li Auto achieved 53,709 delivered units, exceeding its previous record.
- Xpeng delivered 21,352 cars, marking a 52.1% rise from the previous month.
- Zeekr, controlled by Geely, sold 21,333 vehicles, an 18.4% increase month-on-month.
- Leapmotor surpassed its last record by delivering 33,767 EVs, a stunning increase of 113.7% compared to last year.
Demand Driven by Consumer Choices
As environmental awareness grows, young drivers are increasingly choosing electric vehicles for their intelligent features and eco-friendliness. Zhao Zhen, a sales director, emphasized the enduring shift towards EVs in the market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.