May imported passenger car registrations... Tesla dominates as EV share soars to 48.6%

*This content was translated by AI.

New registrations of imported passenger cars in May totaled 29,860 units, a 5.9% increase compared to the same month last year, but a 12.2% decrease from the previous month. Cumulative registrations from January to May this year reached 145,973 units, showing a 32.3% growth compared to the same period last year.

Looking at overall market trends, electric vehicles (EVs) registered 14,520 units, capturing the highest share at 48.6%. Mild hybrid and plug-in hybrid models followed with 12,071 units, accounting for 40.4%. In contrast, pure gasoline vehicles registered only 3,092 units, representing 10.4%, while diesel vehicles remained at just 177 units, shrinking their market share to 0.6%, highlighting the clear exit of internal combustion engine vehicles.

In brand registration rankings, Tesla secured the top spot with 10,866 units, holding a 36.39% market share. BMW followed in second place with 6,555 units, and Mercedes-Benz took third with 3,553 units. Audi ranked fourth with 1,509 units, Lexus fifth with 1,291 units, Volvo sixth with 1,058 units, and Chinese brand BYD seventh with 1,032 units. This trend is also reflected in country-specific registration statistics: traditional strongholds like German brands saw registrations drop 17.2% year-on-year to 12,888 units, with their market share falling to 43.2%. Meanwhile, American brands surged to 11,147 units, capturing 37.3% of the market, while Chinese brands grew by 101.2% to 1,032 units, securing a 3.5% share and demonstrating their growth momentum.

In the ranking of best-selling single model trims, the Tesla Model Y Premium took an overwhelming first place with 7,195 units, followed by the Tesla Model Y L in second with 1,513 units. Among mild hybrid models based on internal combustion engines, the BMW 520 recorded the highest rank at third with 1,390 units. The Chinese new EV BYD Seal 7 entered fourth with 655 units, Mercedes-Benz E 200 fifth with 652 units, Tesla Model 3 sixth with 612 units, and Tesla Model 3 Premium Long Range seventh with 579 units. The flagship full hybrid model Lexus ES300h ranked eighth with 572 units, BMW X3 2.0 ninth with 527 units, and Tesla Model X tenth with 438 units.

A detailed look at best-selling trims by fuel type shows that in the gasoline category, the Audi A6 40 TFSI led with 310 units, while in the diesel category, the Volkswagen Golf 2.0 TDI was the most registered with 89 units. In the full hybrid category, the Lexus ES300h led with 572 units, and in the plug-in hybrid category, the BMW X5 5.0e took first place with 140 units. Overall, the May imported car market data clearly demonstrates a rapid paradigm shift from a traditional German internal combustion engine-dominated structure to one centered on EVs from Tesla and BYD, representing American and Chinese brands.

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*This content was translated by AI.