According to the latest statistics, China sold a total number of 2,814 medium- and large-sized new energy buses (≥6 meters in length), down by 28.03% month on month, down by 56.2% year on year. The decline of the sales of new energy buses in October 2023 is mainly attributed to the high sales base in September and the week-long national-day holiday in earlier October. For the top ten players in the market, please refer to Table 1 below.
Table 1 Top 10 Players in New Energy Bus Market in October
|Brand||Sales||Y/Y Growth||M/M Growth||Market Share|
From January to October, China sold 28,218 units medium- and large-sized new energy buses, down by 27.71%. In contrast, the total sales volume of medium- and large-sized buses in the first ten months reached 72,077 units, up by 13.16% year on year. For the detailed information of the top ten players in the market, please refer to Table 2 below.
Table 2 Top 10 Players in the New Energy Bus Market from Jan. to Oct.
|Brand||Sales||Y/Y Growth||Market Share|
|Geely Commercial Vehicle||1,573||208.43%||5.57%|