In October 2023, in the small electric car segment, US joint venture vehicles (SGMW) - Mini EV continued to top the ranking of best-selling mini electric cars in the Chinese market, according to experts. Dongchedi and Yiche auto sites.
This is data updated from Chinese auto industry sales every month. Accordingly, in the small electric car segment, the US joint venture vehicle (SGMW) - Mini EV topped the ranking of best-selling car models in China with 20,337 units sold in October 2023.
Last month, Mini EV was also the best-selling mini electric car model in this country of billions of people. In addition, other small electric car models of the SGMW joint venture such as Air EV and Baojun Kiwi EV are also among the top small electric cars sold the most in China.
The Chinese electric vehicle market last October exploded and bustled. According to a report by the China Car Association (CPCA), the country's auto market reached sales of 2.033 million units, an increase of 10.2% over the same period last year. Of which, new energy vehicles account for 37.7% of total sales, including 195,000 pure electric vehicles and 272,000 hybrid vehicles.
The electric vehicle lines of the SGMW joint venture also contribute a large number of vehicles sold in the growth of China's new energy vehicle sales. Specifically, the two electric car models of the SGMW joint venture, Bingo and Mini EV, ranked 6th and 7th in the total number of electric cars sold in the month, with sales of 23,744 cars and 20,337 cars, respectively, just behind other products. best-selling products in the world today such as Seagull, Dolphin (BYD) or Model Y (Tesla); surpassing a number of electric car models from leading world and Chinese brands such as Volkswagen, Xpeng, Zeekr, Changan,...
According to Clean Technica, in the first 3 quarters of 2023, Mini EV is in the top 10 best-selling electric cars in the world.
With nearly 79,000 new cars sold in the month, the SGMW joint venture is one of the top 10 electric vehicle manufacturers in China - a country that accounts for 64% of global production. In addition, according to a report from the China Car Association, Wuling - one of SGMW's electric car brands, won 2nd place in the top 10 best-selling electric car brands in October 2023, after BYD - China's largest electric car company and surpasses other world leading brands such as Tesla and Volkswagen. Specifically, Wuling sold 45,087 new electric vehicles, accounting for 9.11% of the market share.
Among the products of the SGMW joint venture, Mini EV is a car model manufactured, assembled and distributed by TMT Motors in the Vietnamese market from the end of June 2023.
