Summary
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- BYD was the top-selling brand in September with 399,000 registrations, setting a new record
- Tesla saw a 24% increase in sales in September, with the Model Y refresh and Cybertruck ramp-up expected to boost growth in 2025
- Other top-selling brands included Wuling, Li Auto, Geely, and Volkswagen
- BYD leads in EV registrations, followed by Tesla, Geely-Volvo, Volkswagen Group, and SAIC
Article
In September, BYD and Tesla were the top-selling EV brands, with BYD breaking records with 399,000 registrations and Tesla experiencing a 24% growth in sales. Chinese brands like Wuling, Li Auto, and Geely also saw record-setting performances in the market, with Geely expected to rise in the rankings by the end of the year. Volkswagen had a good month with 44,000 units sold, thanks to the popularity of the VW ID.7, ID.3, and ID.4 models. Other Chinese brands like Leap Motor, Chery, Zeekr, and XPeng also achieved record results in September. BYD held the top position in year-to-date sales, followed by Tesla and BMW, but the rankings were expected to change by the end of the year.
When looking at EV sales by OEM, BYD continued to dominate with a 23.4% market share, followed by Tesla with an 11% share. Geely-Volvo saw significant growth in market share, climbing to third place with a 7.9% share. Volkswagen Group, SAIC, BMW Group, and Changan rounded out the top OEMs in EV sales. In terms of BEV sales, Tesla maintained a lead with a 17.5% share, followed by BYD and Geely-Volvo. However, BYD was expected to surpass Tesla in the first half of 2025 as it focused more on BEVs. SAIC surpassed Geely-Volvo to claim the third position in BEV sales, with Volkswagen Group and BMW Group following behind in the rankings.
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Overall, the EV market saw strong performances from brands like BYD, Tesla, and various Chinese automakers in September. The shift towards electric vehicles continued to gain momentum, with OEMs like Geely-Volvo and SAIC making significant progress in market share. The rankings were expected to change by the end of the year, with BYD and Tesla maintaining their top positions. CleanTechnica provides valuable coverage of the cleantech industry, urging readers to support independent journalism that drives the cleantech revolution forward. With the increasing popularity of EVs, the market is poised for continued growth and innovation in the coming years.
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