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[SMM Analysis]BYD Tops New Energy Bus Exports in Q1 2025.

iconApr 30, 2025 18:07
Source:SMM
[SMM Analysis]According to data from the China Passenger Car Association(CPCA), from January to March 2025, China exported a total of 2,997 new energy buses. BYD ranked first with 945 units exported, a year - on - year increase of 55.43%, and a market share of 31.53%, giving it a clear industry - leading edge.

According to data from the China Passenger Car Association(CPCA), from January to March 2025, China exported a total of 2,997 new energy buses. BYD ranked first with 945 units exported, a year - on - year increase of 55.43%, and a market share of 31.53%, giving it a clear industry - leading edge. BYD has leveraged its full - industry - chain advantage to be the top exporter of new energy buses for two years in a row. Its first - quarter 2025 championship win once again highlights its strong capabilities for oversea expansion.

In the first quarter of 2025, BYD Commercial Vehicle achieved a "triple - crown" feat of single - month sales over three months. In January, with 278 units exported and a 51.10% market share, it took the lead. In February, it exported 351 units, achieving both year - on - year and month - on - month growth. In March, it remained on top with 316 units sold, a remarkable year - on - year growth of 154.84%,showing its strong market competitiveness.

SMM New Energy Industry Research Department

Cong Wang 021-51666838

Xiaodan Yu 021-20707870

Rui Ma 021-51595780

Disheng Feng 021-51666714

Yujun Liu 021-20707895

Yanlin Lü 021-20707875

Zhicheng Zhou 021-51666711

Haohan Zhang 021-51666752

Zihan Wang 021-51666914

Xiaoxuan Ren 021-20707866

Jie Wang 021-51595902

Yang Xu 021-51666760

Boling Chen 021-51666836

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