Top.Mail.Ru
logo

BYD

Leapmotor Overtakes Tesla with 103,129 Units in August NEV Rankings

Leapmotor Overtakes Tesla with 103,129 Units in August NEV Rankings

China's August 2026 new energy vehicle wholesale rankings have revealed significant shifts in the competitive landscape. BYD continues its dominance with 433,384 units, while Leapmotor achieved a historic breakthrough by surpassing Tesla with 103,129 wholesale units to claim fourth place. The overall market remains robust, with CPCA estimating August NEV passenger vehicle wholesale volume at 1.51 million units, up 16% year-over-year and 4% month-over-month.

3085 days ago
Seres NEV Sales Plunge 43.96% in August, AITO Slowdown Sparks Concern

Seres NEV Sales Plunge 43.96% in August, AITO Slowdown Sparks Concern

In August 2026, Seres Group reported NEV sales of 24,244 units, a steep year-on-year decline of 43.96% — a sharp contrast to the overall growth trajectory of China's NEV market. The core AITO brand saw an even more severe drop of 49.68%, while cumulative NEV sales for January-August fell 12.58%. Against the backdrop of BYD exceeding 440,000 units and Leapmotor surpassing 100,000 in August, Seres' correction has triggered deep discussion about its product cycle timing and competitive strategy.

3045 days ago
Global NEV Market Share Reaches 24.1%, China Commands Over 60%

Global NEV Market Share Reaches 24.1%, China Commands Over 60%

According to the latest data released by Cui Dongshu, head of the China Passenger Car Association (CPCA), global automobile sales reached 56.11 million units from January to July 2026, of which new energy vehicles (NEVs) accounted for 13.52 million units, representing a market share of 24.1%. The breakdown shows battery electric vehicles (BEVs) at 16.8%, plug-in hybrids (PHEVs) at 7.3%, and conventional hybrids (HEVs) at 8.1%. China's NEV passenger vehicle share of the global market reached 62%, climbing to 65.3% in July alone. In the PHEV segment, China leads with a commanding 71% global share, reaching 74% in July. Meanwhile, global NEV development shows significant imbalances: Norway's penetration rate has reached 81%, Germany 32.6%, the UK 35%, while the US stands at merely 7% and Japan at just 4%. Chinese autonomous brands' NEV overseas market share surged significantly, reaching 28% in July, demonstrating strong momentum for Chinese NEV exports.

2385 days ago
China NEV Sales Rankings: Leapmotor Overtakes Tesla, BYD Dominates

China NEV Sales Rankings: Leapmotor Overtakes Tesla, BYD Dominates

According to data from the China Passenger Car Association (CPCA), August 2026 new energy vehicle (NEV) wholesale sales reached an estimated 1.51 million units, up 16% year-on-year and 4% month-on-month, indicating continued robust market expansion. BYD secured the top position with an overwhelming 433,384 units, creating a gap of nearly 260,000 vehicles against second-place Geely (173,675 units). The most eye-catching development was Leapmotor delivering 103,129 units, surpassing Tesla China (86,166 units) for the second consecutive month above the 100,000-unit threshold. XPeng delivered 39,107 units, Li Auto 37,679 units, NIO 35,836 units, and Xiaomi Auto maintained its position above 30,000 units. Cumulative NEV retail sales from January to August 2026 reached approximately 8.869 million units, with a penetration rate of 52%, confirming NEVs as the market mainstream.

6165 days ago