Hong Kong October 2026 car registrations: Tesla takes top spot, Toyota makes top three, MPVs gain ground

Hong Kong recorded 2,014 new car registrations in October 2026, down 0.6% from September, according to the latest figures from the Transport Department.

The Tesla Model Y L was the month's best-selling model with 160 registrations, narrowly ahead of the iCAUR V23 with 154. The Toyota Noah took third place with 86 units.

Here are the top 15 models:

Tesla topped the brand rankings with 217 registrations, with the Model Y L accounting for most of its total. BYD followed with 175 units, supported by a sharp month-on-month increase in registrations of the M9 MPV, which reached 78 units.

Toyota came third with 162 registrations, driven mainly by demand for its Noah and Alphard MPVs.

Here are the top 15 brands:

While fully electric models remain prominent in Hong Kong's registration rankings, MPVs with hybrid and plug-in hybrid powertrains are also making a strong showing.

The BYD M9 climbed to fourth place, while the E9 PHEV has maintained a consistent presence in recent months. Established Japanese MPVs, including the Toyota Noah and Alphard, Nissan Serena and Honda Step WGN, also featured prominently.

MPVs have traditionally been popular with Hong Kong buyers, thanks to their practicality and passenger space. The growing presence of hybrid and PHEV versions, however, reflects changing buying considerations.

With the end of the "One-for-One Replacement" scheme, electric cars have lost a key price incentive. Meanwhile, high petrol prices continue to make running costs an important consideration. Fuel-efficient hybrids and PHEVs offer a way to reduce fuel consumption without relying entirely on battery power.

This could help explain why these models are gaining ground in the rankings, and suggests that hybrid and plug-in hybrid MPVs may remain popular choices among Hong Kong car buyers.

Web: http://www.bitauto.hk/

YouTube: http://www.youtube.com/@bitautohk

Facebook: https://www.facebook.com/bitautohongkong/