BYD Leads China NEV Retail Sales as Nio Posts 62.6% June Growth

BYD continued to dominate the new energy vehicle (NEV) retail market in China during June, according to the latest rankings released by the China Passenger Car Association (CPCA). While the company maintained a comfortable lead in market share, several leading manufacturers delivered mixed performances. Nio Inc stood out with a substantial year-on-year increase in retail sales, whereas Tesla, Geely, Xiaomi EV, Li Auto and Xpeng experienced varying sales trends across both monthly and half-year results.

BYD Retains Leadership in China's NEV Market

BYD recorded passenger NEV retail sales of 224,478 units in June. Although sales declined 36.2% compared with the same month last year, they increased 8.2% from May. The company secured first place with a 22.3% market share, improving slightly from 21.8% in the previous month. This performance allowed BYD to preserve a significant lead over its closest competitors despite a softer year-on-year comparison.

Top June NEV Retail Sales Rankings

The following table summarizes the leading NEV retail performers in China's market during June.

Nio Achieves Strongest Growth Among Major Brands

Nio ranked eighth in China's NEV retail market with 40,525 vehicles sold, representing a 4.0% market share. Retail sales surged 62.6% year-on-year and increased 7.7% compared with May. According to figures released earlier by the company, total deliveries reached 40,597 vehicles during June, marking its highest monthly delivery volume of 2026. The Nio brand contributed 21,908 deliveries, while Onvo delivered 11,743 units and Firefly added 6,946 units.

Tesla, Xiaomi EV, Li Auto and Xpeng Show Mixed Results

Tesla recorded retail sales of 52,920 vehicles during June, declining 13.9% from a year earlier but improving 11.9% over May to retain fifth place with a 5.3% market share. Xiaomi EV ranked tenth after selling 34,738 vehicles, increasing 36.4% year-on-year and 6.0% month-on-month. The company exceeded 30,000 monthly retail sales for the third consecutive month. Its YU7 SUV delivered 14,324 units, rising 63.97% from May, while SU7 sedan deliveries declined 12.10% year-on-year to 20,414 units, extending its sequence of annual declines to nine consecutive months.

Li Auto did not enter the June top ten retail rankings after delivering 30,895 vehicles, representing a 14.84% year-on-year decline and a second consecutive month of annual decreases. Xpeng also remained outside the domestic retail top ten despite delivering 40,126 vehicles, its highest monthly total of 2026. The company's performance was supported by higher production of newer models, including the premium flagship GX SUV. CPCA data showed that 32,593 vehicles were sold domestically, while overseas deliveries reached a record 7,533 units.

January-June NEV Retail Performance

During the first six months of the year, BYD remained the leading NEV retailer with 990,879 units sold and a 21.1% market share despite a 38.5% year-on-year decline. Geely followed with 578,347 units and a 12.3% share. Tesla ranked sixth with 238,955 units and a 5.1% share. Li Auto placed eighth with 193,472 units and a 4.1% share, while Nio ranked ninth with 190,648 units and the same market share. Xiaomi EV completed the top ten with 185,055 units and a 3.9% share.

Overall Passenger Vehicle Market Rankings

Looking beyond the NEV segment, BYD led China's overall passenger vehicle retail market in June with a 14.0% market share. Geely secured second place after selling 173,227 vehicles and achieving a 10.8% share, while Tesla ranked ninth with a 3.3% share. For the January-June period, Geely led overall passenger vehicle retail sales with 1,021,343 units and an 11.7% market share, ahead of BYD at 11.4%. BYD's portfolio consists entirely of battery electric vehicle and plug-in hybrid electric vehicle models, Tesla exclusively produces battery electric vehicles, while Geely continues offering both NEV and conventional fuel-powered vehicles.

Frequently Asked Questions

Which company led China's NEV retail market in June?
BYD remained the largest new energy vehicle retailer in China during June with passenger NEV retail sales of 224,478 units and a market share of 22.3%. Although its sales were lower than the previous year, the company recorded month-on-month growth and maintained a significant lead over Geely, reinforcing its position as the country's leading NEV manufacturer in the monthly retail rankings published by the China Passenger Car Association.

How did Nio perform during June?
Nio delivered one of the strongest performances among major NEV manufacturers in June. Its retail sales reached 40,525 vehicles, representing a 62.6% year-on-year increase and a 7.7% rise from May. Total vehicle deliveries reached 40,597 units, the company's highest monthly result of 2026, with contributions from the Nio, Onvo and Firefly brands supporting its overall growth.