8.4% Of Chinese Vehicle Sales In January Were Plugin Vehicle Sales
The Rise and Rise of the Wuling Mini EV.
The Rise and Rise of the Wuling Mini EV.
While the overall Chinese auto market ended the year on a positive note (+12% YoY), plugins ended with a record month, growing by 50% YoY in in the last month of the year to a record 224,000 units, and this time it was plugin hybrids (PHEVs) that grew faster (+108%) than full electrics (+42%).
While the overall Chinese auto market is slowly picking up (+12% year over year in November), plugin vehicles are already on the fast lane, growing by 138% year over year (YoY) to a record 198,000 units.
While the overall Chinese auto market kept positive numbers last month, +9% year over year (YoY), plugins vehicle sales were firmly in the fast lane, growing by 120% YoY in October to 147,000 units, a new year best
The overall Chinese market remained positive in September (+8% year over year/YoY), with plugin vehicles faring even better, growing by 66% YoY in September to 131,000 registrations. That’s a new year best for plugin vehicles
When Japanese automakers entered the European market over half a century ago, then Korean automakers did so in the ’80s and ’90s, and lastly Indian brands did so hardly a decade ago, they started at the bottom with low-priced and low-quality products.
The overall Chinese auto market remained in positive numbers last month, +6% year over year (YoY), with plugins faring even better, growing 30% YoY last month to 100,000 units, a new year best.
For 100,000 Ghana Cedis ($17,300), you can get yourself the 32 kWh Dongfeng JunFeng ER30 SKIO EV in Ghana! Based on the Nissan March, this small EV looks like a good value for money with some decent specs for the price.
A star is born in China. And it is not the flashy Xpeng P7 (1,725 units) or BYD Han EV (1,205), but something far more humble. More on that below.
The overall Chinese market returned to negative numbers in June, down 6% year over year (YoY), but on paper, plugins fared much worse, down 53% last month.