Lingbao Sales Data, Trends & Analysis for the Chinese Automotive Market
Lingbao is a Chinese EV startup brand, owned by Jiangsu Jimai New Energy Vehicle Industry, based in Jiangsu Province. The English name of Jimai is Jemmel. In April 2019, it has obtained a license for the production of new energy vehicles (passenger cars, commercial vehicles). In April 2020, it officially launched the Lingbao brand with its first model, Lingbao Box. We have sales figures for the Lingbao Box and any other car model produced and sold in China since the early 2000’s. Car sales statistics from China only include domestic production and exclude imported models.
Lingbao cars are known for their affordability, practicality, and stylish design. The brand’s most popular model in China is the Lingbao Box, a five-door electric hatchback.
Lingbao China Sales Figures & Recent Highlights
Lingbao cars are a good option for consumers who are looking for an affordable and practical electric vehicle. The brand’s cars also offer a stylish design and good after-sales service, making them a good choice for budget-minded buyers. However, it is important to note that Lingbao is a relatively new brand, and its cars have not been as well-tested as those of some of the other electric vehicle brands in China. As a result, some consumers may be hesitant to purchase a Lingbao car.
Overall, Lingbao is a promising electric vehicle brand in China. The company offers a good balance of affordability, practicality, and style. However, it is important to be aware of the brand’s newness before making a purchase. Lingbao is planning to launch new models in the coming years. The company is also expanding its dealer network and investing in research and development.
Lingbao is well-positioned to benefit from the growing demand for electric vehicles in China. The company is also targeting the budget-minded segment of the market, which is expected to grow rapidly in the coming years.
Lingbao Annual Sales, Growth and Market Share in China
Below we have a table that shows total Lingbao sales volumes for the Chinese automotive market, broken out by year. This data captures all Lingbao vehicle sales for the entire Chinese automotive market.
| Year | Sales | YOY Change | US Marketshare | Marketshare Change |
|---|---|---|---|---|
| 2020 | 851 | 0.00 | 0.00 | 0.00 |
| 2021 | 24,977 | 2,835.02 | 0.12 | 96.31 |
| 2022 | 34,190 | 36.89 | 0.17 | 25.26 |
Lingbao China Annual Sales Units & Growth Chart
Below is a visual representation of Lingbao China sales units over time. We have both the Lingbao sales units and the market share in the Chinese market. Click on the items in the legend to see each series by itself.
Lingbao China Growth Rate & Market Share Chart
Below is the annual growth rate for the Lingbao brand in China, shown against the Lingbao’s marketshare changes in China. This gives you a good look into how Lingbao has faired against the other brands in terms of absolute sales and effect on marketshare. Click on the items in the legend to see each series by itself.
The Best-Selling Lingbao Cars & SUVs in China
COMING SOON
Sources: Manufacturers, ANDC, JATO Dynamics.
