China wholesales February 2025: Geely Xingyuan best-seller, Xiaomi SU7 #4

The Geely Xingyuan BEV is the most popular vehicle in China both in February and YTD.

According to data by CAAM, the Chinese wholesales market surges 34.4% year-on-year in February to 2,129,000 units. This is mostly due to the fact that the Lunar New Year was earlier this year vs. in 2024, freeing up some opening days. This figure includes exports, so looking at domestic wholesales we have a +39.9% surge to 1,688,000 units. Back to general wholesales, passenger cars are up 36.2% to 1,815,000 units while commercial vehicles gain 25% to 313,000. Year-to-date, the market is up 13.1% to 4,552,000 including 3,948,000 passenger cars (+14.4%) and 604,000 commercial vehicles (+5.1%). New Energy Vehicles (BEV+PHEV) soar 87.1% to 892,000 and 41.9% share including 760,000 sold domestically (+92.6%) and 131,000 exported (+60.5%). Year-to-date NEV sales stand at 1,835,000, up 52% year-on-year. That includes 1,554,000 sold domestically (+51.6%) and 282,000 exported (+54.5%). Overall exports are up 16.9% to 441,000 for month and 911,000 year-to-date (+10.9%).

The brands ranking returns to some kind of normality this with BYD (+72.9%) retaking the reins above last month’s winner Geely (+133.9%). BYD sales are helped by the Song L (+94%), Seagull (+87.2%), Han (+74.9%), Song Pro (+59.8%), Song Plus (+52.6%), Destroyer 05 (+34.4%) and a slew of newcomers including the Qin L (16,213) Seal 06 (12,613) and Yuan UP (10,490). As for Geely, numbers are propped up by the Binyue (+216.4%), Galaxy L6 (+195.9%), Icon (+157.5%), Panda Mini (+148.6%) and novelties such as the Xingyuan (28,588), Galaxy Starship 7 (10,070) and Galaxy E5 (8,016). Volkswagen (+8.4%) and Toyota (+15%) follow with weak scores.

The Xiaomi SU7 is up to an outstanding 4th place overall in February.

Wuling (+14.8%) is back up three spots on last month to #5 ahead of a struggling Changan (-14.1%). Chery (+29.2%) stays at #7, followed by Mercedes (-5.4%), Honda freefalling (-25.5%) and Audi (+2.2%) all underperforming. Xpeng shoots up 515% to #12, a new ranking record smashing its previous best of #20 reached just last month. Jetour (+39%) matches the market at #16, just as Xiaomi breaks into the Top 20 for the first time at #19, and this with just one model, the SU7. Luxeed (+1106.5%!), Leapmotor (+236%), Voyah (+151.8%), Bestune (+106.5%), Deepal (+102.5%), Denza (+89.7%), Zeekr (+86.9%) and Aion (+60%) also impress. Tesla is down -11.2%.

Looking at the models ranking in isolation, we have another first this month: the new Geely Xingyuan BEV posts another stellar figure at just under 29,000 sales and also takes the lear year-to-date. Prices start at 9,200€ or $10,000. The BYD Seagull (+87.2%), another cheap BEV, is back up 16 spots on January to #2, distancing the Geely Xingyue L (+162.7%), leader last month. The Xiaomi SU7 confirms its smashing success and ascends to the 4th place overall, vs. #11 in January, and now also ranks #4 year-to-date. The BYD Qin Plus (-17.5%) underperforms but is back up to #5 above the Wuling Hongguang Mini EV (+74.4%) and BYD Song Plus (+52.6%). The Tesla Model 3 (+146.9%) is up to #9, its highest ranking since September 2022, but the Model Y craters -64.5% to #55.

Previous month: China wholesales January 2025: Geely best-seller, market off -11.7%

One year ago: China wholesales February 2024: Market down -19.9% on calendar quirk, VW stays #1, AITO M7 #3

Full February 2025 Top 98 All brands and Top 559 All models below.