Search Results for: Xpeng

China Electric Vehicle Sales Up To 5.4% Market Share

After a first quarter with surging sales, April saw the Chinese plug-in electric vehicle market cool down a little, to some 100,000 registrations. That means it was up only 34% year over year (YoY). Nonetheless, because the mainstream market is still in the red, the April plug-in electric vehicle (PEV) share reached an amazing 6.2%, pulling the PEV market share to 5.4% in 2019 so far, well above the 2018 result (4.2%).

China EV Forecast: 50% EV Market Share by 2025 — Part 1

China is charging full speed ahead into electric vehicles, on track to sell over 2 million EVs this year, from 1.1 million in 2018. The rapid growth has been driven partly by policy, but increasingly by consumer demand. A rising proportion of Chinese consumers simply prefer electric vehicles to traditional combustion vehicles, viewing them as a new and superior technology, and better value. With EVs continuously improving and getting more affordable, there’s a clear path to EVs taking 50% of market share in China by 2025.

China × Cleantech — November

Welcome to the next issue of China x Cleantech, our November 2018 edition. As the year starts to close, we are still getting interesting developments from China, but we have to cover the numerous developments in November before getting to those. In order to aggregate and summarize the November highlights, here’s another edition of our monthly China × Cleantech feature, also published over on the “Future Trends” section of our website. See last month’s edition for more.