Here are the best-selling electric cars in China so far this year

A Tesla salesperson (L) speaks to a customer as they sit in a Tesla Mannequin Y automobile at a Tesla showroom in Beijing on January 5, 2021.

Wang Zhao | AFP | Getty Pictures

BEIJING — Tesla took two of the highest three spots for best-selling electrical automobile fashions in China, business information for the primary three quarters of the 12 months confirmed.

That is properly forward of start-up rivals like Xpeng and Nio, in line with information launched by China Passenger Automobile Affiliation on Wednesday.

Elon Musk’s automaker bought greater than 200,000 electrical automobiles in China throughout these three quarters — 92,933 Mannequin Ys and 111,751 Mannequin 3s, in line with the passenger automobile affiliation. 

China accounted for about one-fifth of Tesla’s income final 12 months. The U.S.-based automaker started delivering its second China-made car, the Mannequin Y, early this 12 months. The corporate additionally launched a cheaper version of the car in July.

Tesla’s shares are up almost 15% to this point this 12 months, whereas the U.S.-listed shares of Nio are down greater than 25% and Xpeng’s misplaced almost 7% throughout that point.

On a month-to-month foundation, the information confirmed the best-selling electrical automobile in China in September remained the budget Hongguang Mini — a tiny car developed by General Motors‘ three way partnership with Wuling Motors and state-owned SAIC Motor.

Tesla’s Mannequin Y was the second best-selling electrical automobile in China in September, adopted by the older Tesla Mannequin 3, the passenger automobile affiliation information confirmed.

Gross sales of latest vitality automobiles — a class that features hybrids and battery-only automobiles — climbed amid Beijing’s help for the business. Nevertheless, passenger automobile gross sales general slumped year-on-year for a fourth-straight month in September.

Chinese language battery and electrical automobile firm BYD dominated the brand new vitality car best-sellers’ record in September, accounting for 5 of the highest 15 automobiles bought, the passenger automobile affiliation information confirmed.

Xpeng’s P7 sedan ranked tenth, whereas none of Nio’s fashions made the highest 15 record. In truth, Nio hasn’t been on that month-to-month record since Could, when the Nio ES6 ranked fifteenth.

Some in China’s auto business have cast doubt on the accuracy of the association’s figures.

Learn extra about electrical automobiles from CNBC Professional

Here is the affiliation’s record of the 15 best-selling new vitality automobiles in China for the primary three quarters of 2021:

1. Hongguang Mini (SAIC-GM-Wuling)
2. Mannequin 3 (Tesla)
3. Mannequin Y (Tesla)
4. Han (BYD)
5. Qin Plus DM-i (BYD)
6. Li One (Li Auto)
7. BenBen EV (Changan)
8. Aion S (GAC Motor spin-off)
9. eQ (Chery)
10. Ora Black Cat (Nice Wall Motor)
11. P7 (Xpeng)
12. Music DM (BYD)
13. Nezha V (Hozon Auto)
14. Intelligent (SAIC Roewe)
15. Qin Plus EV (BYD)

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