The Chinese market had more than 40,000 new EVs zooming the streets last month, a 49% increase in sales over the same month last year, with the EV market share now at 1.4%, close to last year’s record (1.45%). Expect improvement as the year progresses and sales expand, with the Chinese EV market potentially surpassing 2% market share.
The Chinese market had more than 32,000 new electric cars zooming the streets last month, a 49% increase over the same month last year, with the EV market share up to 1.2%. As the year proceeds and sales expand, expect the market share to rise above last year’s result (1.45%), maybe even reaching north of 2%.
The Chinese market had more than 32,000 new electric cars zooming the streets last month, an 89% increase over the same month last year, with the annual growth rate now at 31%. The EV market share is firmly above the 1% barrier, at around 1.4%. As the year proceeds and sales expand, expect market share to rise above last year’s result (1.45%), maybe reaching north of 2% share, something the US is yet to do.
The Chinese market had more than 16,000 new EVs zooming the streets last month, a 55% increase over the same month last year, so it looks like the January standstill is a thing of the past and we are back at business as usual in China’s EV market.
In January, SAIC and BAIC took over the top positions. Tesla also moved up, benefitting from the local sales drought to post a best ever #5 position. Here are last month’s top 5 best selling EV models…
The Chinese market had 44,874 new electric cars in December, far from the 60,000 expected by analysts, but still up 27% year over year (YoY). That pulled the plug-in market share to a record 1.45%, above the USA (0.8%) and Europe (1.3%).
