Plugin electric vehicles are a hot item in China right now, and they scored a near-record 211,000 registrations last month. That was a 244% jump compared to the same month last year, making it the second best month ever, only behind last December. Last month’s plugin vehicle share actually reached … [continued]
Plugin vehicles had another great month in China last month, with 104,000 registrations, a six-fold jump compared to the same month last year. Though, recall that February 2020 was heavily disrupted by the coronavirus pandemic. Still, if we were to compare with February 2019, last month also showed a major … [continued]
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.
