BEIJING — Tesla and BYD remained by far the market leaders in China’s electrical automotive market in 2021, whereas new rivals emerged in opposition to smaller rivals like Nio, in response to the China Passenger Automobile Affiliation.

Finances electrical automotive Hongguang Mini retained the best-selling spot — greater than tripling gross sales final yr to 395,451 items, the affiliation knowledge confirmed Thursday.

However dearer vehicles from Tesla and BYD dominated the highest automobiles offered within the new power car class, which incorporates battery-powered and hybrid vehicles.

This is the record of prime 15 best-selling new power passenger vehicles, together with SUVs, in China for 2021:

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

Three BYD fashions ranked among the many prime 10, with the BYD Qin sedan reaching gross sales of 187,227 items — and outselling all Tesla fashions.

Shut behind the BYD Qin was Tesla’s Mannequin Y, which launched in China final yr and leaped to the highest of the high-end new power SUV class with 169,853 items offered in 2021, in response to the affiliation.

Tesla’s Mannequin 3 got here subsequent, with 150,890 items offered final yr, up practically 10% from 2020, the information confirmed.

Some in China’s auto trade have forged doubt on the accuracy of the affiliation’s figures. However the numbers can replicate broader tendencies.

Li Auto’s hybrid Li One made the highest 10 record of recent power passenger vehicles, whereas Xpeng’s P7 sedan made the highest 15.

A comparatively newcomer to the market, the low-priced, absolutely electrical Nezha V SUV took fifteenth place, and pushed three far dearer Nio fashions even decrease within the gross sales rankings.

Nezha is a model underneath start-up Hozon Auto, and closed a 4 billion yuan ($625 million) funding spherical within the fourth quarter. Costs for the Nezha V begin at 62,900 yuan ($9,722) after subsidies. As compared, Nio’s ES6 SUV begins at 346,660 yuan after subsidies.

Competitors in China’s electrical car market is ready to warmth up additional this yr, with Huawei’s co-developed Aito M5 as a result of start deliveries subsequent month and two Nio sedans coming later within the yr.

Gross sales of recent power automobiles have grown quickly whereas that of passenger vehicles general have fallen within the final a number of months as China’s client spending slumped.

In all, practically 3 million new power passenger vehicles have been offered in China final yr, accounting for 14.8% of the 20.15 million passenger vehicles offered general, in response to the affiliation’s knowledge.

That ratio is transferring nearer to Beijing’s goal to have new power automobiles make up 20% of recent vehicles offered by 2025.