BYD

BYD’s Yuan & Tang Shine In February In China — #CleanTechnica Electric Car Sales Report

Traditionally, February, along with January, are the two slowest months in the Chinese plug-in vehicle market, but with sales growing 58% year over year (YoY) last month, to some 53,000 units, especially in the context of a falling market (the mainstream market was down 17% last month), one can’t really complain about this market, despite the plug-in electric vehicle (PEV) market share dropping slightly to 4.7% (4.3% in February). However, the 2019 result is already above the 2018 result (4.2%).

China EV Forecast: 50% EV Market Share by 2025 — Part 2, Consumer Demand

China is charging full speed ahead into electric vehicles, on track to sell over 2 million EVs this year, up from 1.1 million in 2018. The rapid growth has been driven partly by policy, but increasingly by consumer demand. In part two of this three-part series (check out part one if you missed it), we’re going to look at the demand side of the EV transition in China. Why are Chinese consumers queuing up for EVs?

China Electric Vehicle Sales Jump 175%, Up To 4.8% Of Auto Market In January!

Traditionally, January, along with February, are the two slowest months in the Chinese plug-in vehicle market, but tradition is not what it used to be. Even with disruption hitting the Chinese automotive market (the mainstream market was down 18% last month), plug-in electric vehicle (PEV) sales were up an amazing 175% year over year (YoY), to some 96,000 registrations.