Tesla Leads June EV Sales Surge In China
Tesla sales in China have recovered strongly since the factory in Shanghai was idled in March and April due to Covid restrictions.
Tesla sales in China have recovered strongly since the factory in Shanghai was idled in March and April due to Covid restrictions.
BYD achieves record month in Covid-disrupted market Plugin vehicles continue to be all the rage in the Chinese auto market. Despite the overall market being completely disrupted by Covid lockdowns (-43% year over year), plugins scored over 260,000 registrations in April, up 61% year over year (YoY). Share-wise, with April … [continued]
This piece continues my annual rundown of the top 10 EV countries in the world! See part 1 if you missed it. By Assaf Oron 3rd Place, 62 Points: South Korea (8th In 2020) Years ago, the Korean industry — both automakers and battery makers — saw the EV writing on the wall, … [continued]
ICE IS MELTING — China Edition Plugin vehicles are all the rage in the Chinese auto market. Even with Covid-related lockdowns happening in some major cities, plugins scored 458,000 registrations, up 118% year over year (YoY), and the second best monthly result ever. This pulls the year-to-date (YTD) tally to … [continued]
Plugin vehicles are all the rage in the Chinese auto market. Even in the slowest month of the year, plugins scored 291,000 registrations, up 176% year over year (YoY). This pulls the year-to-date (YTD) tally to over 665,000 units, and with March set to be another strong month (400,000 units?), we … [continued]
After the December sales peak, one would expect a sales hangover in January, only … it didn’t happened, as the market had some 372,000 passenger new energy vehicle registrations, an impressive 115% jump year over year (YoY)! As a consequence of this, the plugin vehicle (PEV) share started the year … [continued]
The used car market is taking off everywhere!
Half a million plugin electric vehicle sales! In one month! Plugin vehicles in China once again ended the year with a record month, growing by 125% year over year (YoY) in the last month of the year, to a record 502,000 units. Full electric vehicles (BEVs) were responsible for 83% … [continued]
I saw an interesting tweet by Sam Korus from ARK Invest yesterday. He shared that gas-powered car sales in China were down around 4% in 2021, while battery electric vehicle sales were up ~145%. He pointed out that China’s passenger auto sales were up 4.4% to a total of 20.1 … [continued]
Plugin vehicles are all the rage in the Chinese Auto Market these days, having scored a record 413,000 registrations in November, up 106% year over year (YoY). This pulls the year-to-date (YTD) tally to over to 2.7 million units, and with December set to be another record month (half a … [continued]