BAIC

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 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.

8% Plug-In Electric Vehicle Market Share In China!

After a 3 month streak of record-breaking sales, plug-in electric vehicles (PEVs) in December just kept on pushing forward. China registered over 180,000 PEVs in December, making it the 4th record month in a row and achieving 70% year-over-year (YoY) growth. That meant that 2018 sales ended north of the 1 million units mark. Yes, over 1 million PEVs in one year. And to think that 2017 was the first year that plug-ins reached 1 million sales globally. Whoa.