The Hottest Selling Chinese Buses in 2023

2024-03-26

  According to the latest data from China Bus Statistics Information Network, in December 2023, the 31 bus companies it focuses on sold 13,612 buses over 6 metres, a year-on-year decline of 21.84%, an increase of 54.30%. This "a drop and a rise" in the report card, in most people's expectations, I hope that the bus manufacturing enterprises can maintain the strength, confidence, take advantage of the momentum, pioneering and enterprising, and strive for 2024, "a higher level", write more resonance with the times! Vivid story.

  

   In December 2023, more than 6 m bus sales ranking, Yutong Bus with 4,316 units of sales continue to rank 

first in the industry, an increase of 1.58% year-on-year, an increase of 42.16%, market share of 31.71%, and is

 the only single-month sales of more than 4,000 units of the enterprise, the sales volume is even more than the

 second to the fourth enterprise's sales volume and once again to do the leading, showing that the industry leading

 enterprises have solid growth and strong business resilience. The sales volume even exceeded the combined sales

 volume of the second to fourth place enterprises, again leading by a wide margin and demonstrating the steady 

growth and strong operational resilience of the leading enterprises in the industry.


Zhongtong Bus ranked second with 1,063 units sold, up 74.55% from the previous year, with a market share of 7.81%.


The sales volume of China Motor Bus Electric was 1,020 units, up 34.92% from the previous year, with a market share 

of 7.49%, ranking the third.


Golden Passenger Vehicle ranked fourth with sales of 1,016 units, up 23.15 per cent sequentially, with a market share of 7.46 per cent.


Golden Dragon Bus sold 984 units, up 0.61% year-on-year and 76.66% sequentially, with a market share of 7.23%.

Among the top ten enterprises, only four enterprises, including BYD, Ankai Bus and Yutong Bus, achieved year-on-year growth. Among

 them, the highest year-on-year growth is BYD, up to 140.30%.


The year-on-year growth was achieved by nine enterprises, including Yutong Bus, Zhongtong Bus, China Motor Electric, Golden Passenger

 Vehicle, BYD and Ankai Bus. Among them, the highest ringgit increase is Kaiwu Automobile (Nanjing Jinlong), up to 12,228.57%, which is 

due to its lower base last month.


And only Yutong Bus, BYD, Ankai Bus and other 4 enterprises to achieve year-on-year, ring ratio "double growth" for the 2024 bus industry

 to accelerate into the high-quality development stage to inject momentum.

   

In the specific ranking, Yutong Bus continued to rank first in the industry with 32,759 units, a year-on-year growth of 31.60 per cent, and is the only enterprise with 

cumulative sales of more than 10,000 units, with a market share of 34.66 per cent, which can be said to be a "one-trick pony".


Suzhou Kinglong (Haige Bus) ranked second with 9,256 units sold, up 19.57% year-on-year, with a market share of 9.79%.


Golden Passenger Vehicle ranked third with 8,452 units sold, an increase of 13.34% year-on-year, with a market share of 8.94%.

Zhongtong Bus ranked fourth with sales of 7,531 units and a market share of 7.97 per cent.


Jinlong Bus ranked fifth, with sales of 7,404 units, a year-on-year increase of 12.59%, and a market share of 7.83%.


Among the top ten enterprises, six enterprises, including Ankai Bus, Yutong Bus and Golden Bus, achieved year-on-year growth, 

with the highest growth rate 

of Ankai Bus as high as 51.10%, showing strong development resilience and potential.






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