China’s new energy passenger vehicle market saw strong growth in November 2024, with wholesale figures hitting 1.46 million units, up 51 per cent from last year and six per cent from the previous month.
BYD and Geely led the market, with wholesale volumes of 504,003 units and 122,453 units, respectively. Tesla China followed in fifth place, with 78,856 units sold in November.
The strong sales figures were attributed to factors such as the “Double 11” shopping festival and the 22nd Guangzhou International Automobile Exhibition, which boosted consumer demand.
Attribution: Xinhua
Subediting: M. S. Salama