Passenger Car Association: New energy vehicle market retail sales in May were 790,000 units, a year-on-year increase of 36%

Data from the Passenger Car Association shows that preliminary statistics indicate that the passenger car market retail sales in May were 1.685 million units, a year-on-year decrease of 3% and a month-on-month increase of 10%. Since 2024, cumulative retail sales have reached 8.052 million units, a year-on-year increase of 5%. Wholesale sales reached 2.01 million units in May, up 3% month-on-month, although year-on-year growth was 0%. Since 2024, my country’s cumulative wholesale volume of passenger cars has reached 9.56 million units, a year-on-year increase of 8%.

In terms of new energy vehicles, retail sales in May reached 790,000 units, a year-on-year increase of 36% and a month-on-month increase of 17%. Since 2024, a total of 3.242 million units have been retailed, a year-on-year increase of 34%.

From May 1st to 31st, passenger car manufacturers nationwide wholesaled 903,000 new energy vehicles, a year-on-year increase of 33% and a month-on-month increase of 15%. The cumulative wholesale volume since 2024 3.643 million vehicles, a year-on-year increase of 31%.

The top 10 sales of new energy passenger vehicle manufacturers in May are as follows:

BYD 330,488 units;

Tesla China 72,573 units ;

Geely Automobile 58,673 vehicles;

Changan Automobile 55,800 vehicles;

Guangzhou Automobile Aian 40,073 vehicles;

Chery Automobile 39,413 vehicles;

Li Auto 35,020 units;

SAIC-GM-Wuling 33,872 units;

Cyrus 32,377 units;

Great Wall Motors 24,549 units.

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