Sales volume of 10 listed car companies revealed: Li Auto dominates the list

Car companies have successively announced their sales performance in the first half of 2023. According to the latest data, Li Auto stands out with the best sales completion rate among the 10 listed car companies.

According to the editor’s understanding, according to preliminary statistics of China’s passenger car market data, in June 2023, the retail sales of the passenger car market reached 1.896 million units, a year-on-year decrease of 2%, but a month-on-month increase of 9% . In the first half of this year, the cumulative retail sales of passenger cars reached 9.528 million units, an increase of 3% compared with the same period last year. In June this year, retail sales in the new energy vehicle market reached 638,000 vehicles, an increase of 19% over the same period last year and a month-on-month increase of 10%. Since the beginning of this year, sales of new energy vehicles have reached 3.059 million units, an increase of 36% compared with the same period last year.

According to the latest production and sales data released by various car companies, the annual sales completion rate of 10 listed car companies including SAIC Group, Guangzhou Automobile Group, and Great Wall Motors is generally less than half. Generally between 30% and 40%. However, Li Auto’s completion rate is as high as 46.37%, ranking first among all car companies. In addition, Great Wall Motors, Geely Automobile and Li Auto are the only three companies whose annual sales target completion rates exceeded the same period last year. It is worth mentioning that Li Auto is the only listed car company that has achieved growth in both its annual sales target and completion rate.

Specific data shows that the sales completion rate of SAIC Group in the first half of the year was 34.53%, that of GAC Group was 44.05%, and the actual sales volume increased by about 10,000 units; that of Great Wall Motors was 32.45%, and the actual sales volume increased by more than 6,000 units. BYD's completion rate is 41.85%, but its actual sales volume is twice that of the same period last year and has exceeded two-thirds of last year's full-year sales.

Overall, Li Auto has the highest sales completion rate among the 10 listed car companies with a sales completion rate of 46.37%, with sales reaching 140,000 vehicles. In contrast, the annual target completion rates of the three new power car companies, NIO, Xpeng Motors and Leap Motors, did not exceed 30%, which were 22.27%, 20.72% and 22.25% respectively.

Li Auto’s excellent sales completion rate in the fierce competition in the auto market demonstrates its strong competitive strength. As the new energy vehicle market continues to develop, car companies will continue to work hard to increase sales completion rates in the second half of the year and pursue better performance.

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