China Electric Car Sales Grow 49% — BAIC EC180 Leads Rise of Microcars
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.