BYD Takes the Lead, Followed by Volkswagen and Toyota: China’s Best-Selling Cars in June 2023

According to data released by the China Passenger Car Association (CPCA), the Chinese auto market saw the sale of 1.894 million new cars in May 2023. This represents an 8% increase compared to May 2022, but a 2% decrease from June 2022. Among these sales, 448,000 vehicles were electric vehicles (EVs), while 217,000 were plug-in hybrid electric vehicles (PHEVs), collectively known as new energy vehicles (NEVs). NEVs accounted for 35% of total sales.

In terms of market share, BYD emerged as the top-selling auto brand in China, selling 220,600 vehicles and capturing an 11.65% market share. Volkswagen secured the second position, selling 192,070 cars and holding a market share of 10.14%. Toyota claimed the third spot with 157,140 cars sold, accounting for an 8.30% market share. Honda closely followed in fourth place, selling 112,867 vehicles and possessing a market share of 5.96%. Changan rounded out the top five, selling 85,248 cars and holding a market share of 4.50%.

Notably, Tesla witnessed a surge in sales due to large-scale deliveries at the end of the quarter, propelling it to the sixth position in the Chinese market.

Within the Chinese NEVs market, BYD established a strong presence in both the EV and PHEV segments. BYD maintained its leadership in the pure EV market, selling 110,219 vehicles and commanding a substantial 24.60% market share. Tesla ranked second with 74,212 cars sold, accounting for a market share of 16.57%. GAC Aion secured the third position with 45,013 vehicles sold, capturing a market share of 10.05%. Wuling and Changan were among the top-selling pure electric brands, occupying the fourth and fifth positions.

Analyzing popular models in the Chinese market, the Tesla Model Y emerged as the best-selling vehicle with 51,471 units sold, followed by the BYD Qin Plus with 38,197 units, and the Nissan Sylphy with 31,054 vehicles. These models showcased strong sales performance and reflected significant consumer demand in the market.