BYD and Tesla have earned 1.66 million credits and 1.4 million credits in 2021, valued at about RMB 3.46 billion and RMB 2.93 billion, respectively.

Xpeng Motors (NYSE: XPEV, HKG: 9868) received 360,928 credits in 2021, valued at about RMB 753 million.

Li Auto (NASDAQ: LI, HKG: 2015) got 143,507 credits, valued at about RMB 299 million. Li Auto's Li ONE vehicles sold in 2021 are extended-range vehicles with about half the capacity of battery electric vehicles.

Hozon Auto, which owns the Neta brand, received 208,491 credits in 2021, WM Motor 159,377 credits, Leapmotor 82,626 credits and SAIC-GM Wuling 59,589 credits.