The data of the new energy vehicle sales ranking for November 2023 has been released, and it is impressive that the entire market is booming. According to the data released by the China Passenger Car Association, the wholesale sales of new energy passenger vehicles are estimated to reach 940,000 units, an increase of 29% year-on-year and 6% month-on-month. The cumulative wholesale sales from January to November are estimated to be as high as 7.74 million units, a year-on-year increase of 35%. This figure reflects the strong momentum of China's new energy vehicle market and the growing focus on environmental protection and energy conservation.
First up was BYD Auto, which once again took the top spot in terms of sales, with wholesale sales of more than 300,000 units to 301,378 units. This achievement once again proves BYD's strong competitiveness and market attractiveness in the field of electric vehicles. However, Tesla China also performed well, with sales of 82,432 units in November, ranking second, despite only two models on sale, showing Tesla's brand appeal and loyal user base.
Geely Automobile ranked third, with sales of 65,034 units in November, continuing its solid growth trend. Meanwhile, SAIC-GM-Wuling ranked fourth with 59,372 units sold, while Changan Automobile's NEV sales ranked fifth with 50,598 units. The participation and investment of these traditional automakers has made the new energy vehicle market more diversified and competitive.
Two manufacturers sold more than 40,000 units in November, with GAC Aion ranking sixth with 41,567 units sold, while Li Auto followed closely behind with 41,030 units in seventh place. In addition, only Great Wall Motor managed to enter the ranks of sales of more than 30,000 units, reaching 31,170 units, ranking eighth. This shows that rookie brands and traditional giants have formed a strong competition in the market.
In addition to the above-mentioned automakers with sales of more than 40,000 units, there are also some outstanding manufacturers, such as Xpeng Motors (20,041 units) and SAIC Passenger Vehicle (28,280 units). Xpeng Motors has sold more than 20,000 vehicles for two consecutive months, showing its steady growth. In addition, the sales volume of Celis New Energy reached 21,170 units, which also performed well.
It should not be ignored that SAIC Volkswagen's new energy sales volume is 19,659 units, which has already surpassed the sales of emerging brands such as Leap, NIO, and Nezha. Leapmotor (18,508 units), NIO (15,959 units) and Nezha Automobile (12,506 units) performed well, but they also faced competitive pressure from traditional automakers. In addition, SAIC-GM New Energy also performed well, with wholesale sales reaching 14,850 units in November, with the Micro Blue 6 and Buick E5 performing well. Chery Automobile's NEV sales reached 14,367 units.
In November 2023, FAW-Volkswagen (9,589 units), FAW Hongqi (8,466 units), VOYAH (7,006 units) and Zhiji Auto (8,703 units) also saw better NEV sales. In addition, BAIC Passenger Vehicle sold 5,741 units, GAC Passenger Vehicle sold 5,890 units, and Dongfeng Nissan sold 4,827 units. The growing growth of these automakers shows that China's new energy vehicle market has huge potential and is attracting more and more attention from consumers and manufacturers.
In conclusion, the November 2023 NEV sales rankings reflect the strong vitality and fierce competition in China's NEV market. Competition between traditional automakers and emerging brands has diversified the market and consumers have benefited from more choice. With the continuous progress of technology and the support of first-class policies, the new energy vehicle industry is expected to continue to grow rapidly and make greater contributions to environmental protection and sustainable travel.