[CNMO Technology News]In recent years, the penetration rate of China’s new energy vehicle market has continued to rise, reaching 44% in April 2025, and the development momentum of new energy vehicles is rapid. However, the latest data shows that fuel vehicles launched a strong counterattack in the SUV market, and new changes have occurred in the auto market structure.
In May 2025, my country’s narrow passenger car market performed well, with retail volume reaching 1.938 million vehicles, a year-on-year increase of 13.7% and a month-on-month increase of 10.4%; the cumulative retail sales from January to May were 8.811 million vehicles, a year-on-year increase of 9.1%. Among them, the SUV market performed particularly well, with retail volume of 972,000 units, a year-on-year increase of 17.8% and a month-on-month increase of 14.4%, which is higher than the overall passenger car market.
Judging from the sales ranking, among the 10 SUVs with the highest sales volume in May 2025, new energy models and fuel models showed a “37-7” situation. Only 3 are new energy models and 7 are fuel models. Although Tesla Model Y won the top spot with its sales of 24,770 units, its sales plummeted by 38.1% year-on-year, almost halfway; BYD Song PLUS New Energy ranked second, and its sales also fell by 27.5% year-on-year. In sharp contrast, sales of the other seven fuel SUVs rose sharply across the board. Geely Xingyue L sales rose 47.7% year-on-year, Changan CS 75 PLUS rose 66.9%, Honda CR-V rose 57%, Volkswagen Tiguan L rose 73.9%, Toyota Corolla sharp rise 27.7%, and Chery Tiggo 8 rose 33.6%.
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