Tesla Xpeng Nio BYD are best-selling electrical vehicles in 2021

A Tesla salesperson (L) speaks to a customer as they sit in a Tesla Mannequin Y automotive at a Tesla showroom in Beijing on January 5, 2021.

Wang Zhao | AFP | Getty Photos

BEIJING — Tesla took two of the highest three spots for best-selling electrical automotive fashions in China, trade knowledge for the primary three quarters of the yr confirmed.

That is nicely forward of start-up rivals like Xpeng and Nio, in line with knowledge launched by China Passenger Automobile Affiliation on Wednesday.

Elon Musk’s automaker offered greater than 200,000 electrical vehicles in China throughout these three quarters — 92,933 Mannequin Ys and 111,751 Mannequin 3s, in line with the passenger automotive affiliation. 

China accounted for about one-fifth of Tesla’s income final yr. The U.S.-based automaker started delivering its second China-made automobile, the Mannequin Y, early this yr. The corporate additionally launched a less expensive model of the automotive in July.

Tesla’s shares are up practically 15% to this point this yr, whereas the U.S.-listed shares of Nio are down greater than 25% and Xpeng’s misplaced practically 7% throughout that point.

On a month-to-month foundation, the information confirmed the best-selling electrical automotive in China in September remained the finances Hongguang Mini — a tiny automobile developed by Normal Motors‘ three way partnership with Wuling Motors and state-owned SAIC Motor.

Tesla’s Mannequin Y was the second best-selling electrical automotive in China in September, adopted by the older Tesla Mannequin 3, the passenger automotive affiliation knowledge confirmed.

Gross sales of recent power automobiles — a class that features hybrids and battery-only vehicles — climbed amid Beijing’s help for the trade. Nonetheless, passenger automotive gross sales total slumped year-on-year for a fourth-straight month in September.

Chinese language battery and electrical automotive firm BYD dominated the brand new power automobile best-sellers’ checklist in September, accounting for 5 of the highest 15 vehicles offered, the passenger automotive affiliation knowledge confirmed.

Xpeng’s P7 sedan ranked tenth, whereas none of Nio’s fashions made the highest 15 checklist. In truth, Nio hasn’t been on that month-to-month checklist since Could, when the Nio ES6 ranked fifteenth.

Some in China’s auto trade have forged doubt on the accuracy of the affiliation’s figures.

Learn extra about electrical automobiles from CNBC Professional

Here is the affiliation’s checklist of the 15 best-selling new power automobiles in China for the primary three quarters of 2021:

1. Hongguang Mini (SAIC-GM-Wuling)
2. Mannequin 3 (Tesla)
3. Mannequin Y (Tesla)
4. Han (BYD)
5. Qin Plus DM-i (BYD)
6. Li One (Li Auto)
7. BenBen EV (Changan)
8. Aion S (GAC Motor spin-off)
9. eQ (Chery)
10. Ora Black Cat (Nice Wall Motor)
11. P7 (Xpeng)
12. Tune DM (BYD)
13. Nezha V (Hozon Auto)
14. Intelligent (SAIC Roewe)
15. Qin Plus EV (BYD)

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